Track & Trace

NFC technology is one of the short-range wireless communication technologies that is based on RFID. NFC provides secure and inherent communication between electronic devices.

It is well known that the current clinical trial process is complex and costly. As an example, we spend millions of USD within the industry to recruit the right study participants and over 1 billion USD to put a new drug on the market with the average of 14 years from research to development. Can patients wait that long if they have unmet needs? Would the payers reimburse? If not, could patients even afford it? If we focus on how to drive the cost down (efficiencies) and apply innovative solutions, we could meet in the middle. The healthcare and pharmaceutical industries should find better solutions by converging science and technology to provide the true value for patients. Collaboration in this space is the way forward.

Smart factories and smart distribution centers (DCs) have consistently proven the benefits of synergies between machine learning and business processes. Processes have become more efficient and forward-looking by making intelligent data-based decisions. Smart factories have become an achievable reality much earlier than expected, and dark warehouses (facilities with drone packing and automated picking) are quickly following suit.

The Dubai Health Authority (DHA) has announced that it will start implementing a system that monitors medicines from the manufacturing companies until they reach the patient.
The DHA is the first organisation in the UAE to adopt the Pharmaceutical Track and Trace System, which complements the barcoding system adopted by the authority in 2017.

What is supply chain serialization and how do manufacturing reap its benefits? Let’s look at serialization for product traceability in pharma and food manufacturing.
Traceability is a key component of the modern supply chain. It lets supply chain providers understand how inventory moves across the network. Traceability adds visibility from a material’s origin to the product’s delivery.

The Drug Supply Chain Security Act (DSCSA) Interoperability Pilot demonstrates how blockchain technology can be used to effectively track and trace certain prescription drugs throughout the supply chain. The visibility offered by blockchain makes it easier for pharmaceutical supply chain actors to comply with with the DSCSA (a U.S. law that goes into effect in 2024), prevent the distribution of counterfeit drugs, facilitate the drug recall process and more.

Blockchain technology as a potential solution has been applied to all of the large ecosystems that have issues with real-time data access, partners privacy, traceability and auditability. The supply chain ecosystem is no exception to that, as typical product recalls cost $8 million per year and this number can be reduced with the improved track-and-trace features of blockchain. According to Gartner, by 2023, 30 percent of manufacturing companies with more than $5B in revenue will have implemented projects leveraging blockchain. The key drivers for supply chain blockchain adoption are increased cost savings, enhanced traceability and greater transparency.

Adulteration and fraudulent manufacture of medicines have been prevalent for quite some time now; the situation has only aggravated owing to technological developments and sophisticated methods of duplication.

According to the research, which was released earlier this week, blockchain, along with “internet of things” trackers and sensors, would help to drive down costs for retailers. This would be achieved through the streamlining of supply chains, efficient food recall processes and “simpler regulatory compliance.” The research is contained within the “Blockchain: Key Vertical Opportunities, Trends & Challenges 2019-2030” report.

Before we talk about the supply chain complexity, let’s break it down first. The supply chain is a network of organizations, people, operations, information, and resources involved in moving a product or service from manufacturer to customer in business and finance. Supply chain activity consists in transforming resources, raw materials, and components into a finished product delivered to the end customer. 

The Surface OCR tool allows you to recognize and extract a string of text from surfaces, using either 3D height map scan data or 2D intensity scan data.

With the healthcare industry increasingly going digital, blockchain technology provides the much-needed trust, security, and auditability for healthcare data on its intelligence journey, which allows blockchain to complement healthcare artificial intelligence (AI) and internet of things (IoT)-based data marketplace offerings. Early commercial success, mainly across select use cases such as health professional credentialing, medical billing management, personal health records (PHR), and pharma supply chain track-and-trace, will help this market cross $500 million by 2022 at a compound annual growth rate (CARG) of 61.40%. While payback may not be achieved for every dollar invested by 2022, a breakeven stage is expected.

With the healthcare industry increasingly going digital, blockchain technology provides the much-needed trust, security, and auditability for healthcare data on its intelligence journey, which allows blockchain to complement healthcare artificial intelligence (AI) and internet of things (IoT)-based data marketplace offerings.

Comply with drug serialization and reporting requirements – and fight counterfeiting and illicit trade – with SAP Advanced Track and Trace for Pharmaceuticals. This track and trace software integrates serialization with your processes and provides country-ready reporting packages. Minimize the cost of compliance, manage a secure pharma supply chain, and improve patient safety.

It’s a busy time of year for ecommerce retailers — perhaps the busiest by the numbers. An estimated 165.8 million people shopped between Thanksgiving Day and Cyber Monday in 2018, and each purchased an average of 16 gifts during that time frame. Collectively, their haul came in billions of packages delivered through the mail system, over 900 million of which were tendered by the USPS alone.

Biometric access control technology from EASIMob, a project led by id3 Technologies in partnership with Advanced Track & Trace (ATT), and the Grenoble Alpes Cybersecurity Institute (Cyber@Alps), has been preselected for the Paris 2024 Olympic and Paralympic Games. The preselection is part of a call for projects by the French National Research Agency (ANR).

For Halal industry, blockchain has the potential to revolutionise the entire Halal supply chain, by revamping the way traceability, smart contracts and Halal certification is traditionally being implemented. Here are five instances of how Blockchain is changing the industry.:

The letter, highlights serious concerns that remain unaddressed with the introduction of track and trace rules for tobacco products.
The issues, which have been previously raised with HMRC, include: a range of technical problems with the software required for the system, confusion over how tobacco theft is handled in the system, and significant operational difficulties experienced by wholesalers.

Dividella’s display will highlight its modular toploading prefilled syringe, vial and autoinjector solutions, as used by the world’s leading biopharma companies, as well as video demos featuring its renowned NeoTOP high speed cartoner and award-nominated NeoTRAY platform that uniquely combines toploading and sideloading capabilities.

A growing desire from consumers to know the story behind what they eat has prompted Mastercard to go down this burgeoning market. Additionally, the want of dependable and visible supply chains in the food system for producers is the other edge of the sword driving the payments company in this direction. 

For a while, blockchain was seen as a panacea, says Andrew Stevens, a Gartner analyst who coauthored the “blockchain fatigue” study. Stevens’ team focused on projects that touted blockchain as a way to identify fraudulent and tainted goods in supply chains. They predicted 90 percent of those projects would eventually stall. Blockchain evangelizers were finding that supply chains more complex than expected, and that blockchain offered no ready-made solutions. When it comes to mission-critical blockchain projects, “there are no deployments across any supply chains,” he says.