Track & Trace

The benefits of the blockchain technology for logistics and supply chain become obvious once we think of blockchain as a network where each record can be traced back to its origin. With blockchain, all documentation that usually accompanies a product from its manufacturer to the end customer – certificates of origin, waybills, insurance policies, quarantine and veterinary certificates, invoices, what not – is aligned into a neat chain where each new entry is easily visible.

There is no doubt there is significant opportunity in Africa not just in banking but across many industries. While the banking industry has faced a slight slowdown in other global markets, in Africa, this hasn’t been the case. According to a recent report by McKinsey, Africa’s banking sector is projected to grow significantly over the next five years. In fact, it’s nearly twice as profitable as the global average. Looking at retail banking, in 2017, retail bank revenue in Africa was at $35 billion and, according to McKinsey, it’s expected to increase by 8.5 % per year, reaching $53 billion by 2022.

The disruption caused by implementing serialization on a line is not only the high cost. OEE may drop off for months, as equipment must be updated to allow proper access to cameras and orientation of codes. 

Every model cycle brings passenger cars, light commercial vehicles, heavy trucks, buses, coaches, and minibuses that are more sophisticated than the year before. And now that electronics are beginning to outweigh and outnumber mechanics across product lines, automakers and their suppliers are adopting software and connected services to deliver designs and features that wow consumers.

The report provides forecast and analysis of the medical track & trace devices market. It provides market overview of medical track & trace devices market in terms of revenue (in USD Mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the medical track & trace devices market and their impact on each country during the forecast period.

The pharmaceutical industry is currently being disrupted on two major fronts: first, geographically, new markets, new competition, and new government regulatory-environments are pressuring global pharmaceutical companies to accommodate to their prices, demand, and methods of providing medicine to citizens. Second, internally, pharmaceutical and medicinal research is transitioning from a chemically based ‘small molecule’ model of production to a biologically based ‘large molecule’ model: genetics, DNA, and other biological factors have taken precedence in the current research and development initiatives that continue to evolve — new styles of medicine are being built.

While AR- and IoT-enabled packages are yet to hit the mainstream, the industry is already anticipating what will come next. As a result, we could soon see packaging talking directly to consumers with on-pack digital chips linked to their smartphone. Or even screens on cartons themselves that offer personalized videos. The future of connected packs looks bright and full of exciting possibilities,

Food fraud is estimated to be a $40 billion a year problem and there are several high profile instances of fraud happened in food supply, for example whether wood shavings discovered in parmesan to the 2013 or Horsemeat scandal in the UK, and Chipotle’s E.coli outbreaks in 2015, there are many examples that proved that food supply chain is not that secure and it directly affects consumer health and food companies a big law suite

Here, we discuss how drug manufacturers can generate additional value and returns from their serialization solutions by investing in aggregation and single unit dose track-and-trace.

Implementing track and trace solutions in a dynamic environment such as India takes planning and forward-thinking precision. While the Indian government requires Indian pharmaceutical companies to comply with the Drug Authentication Verification Application (DAVA) regulation, companies are also preparing to comply with the European Union Falsified Medicines Directive (EU FMD) and the United States Drug Supply Chain Security Act (US DSCSA) for their exports. While companies are very compliance focused, it is exciting to learn about the most sophisticated technologies in the world, and how they will impact the pharmaceutical supply chain.

DeliveryCircle has introduced KrewZen, a software-as-a-service (SaaS) platform that gives retailers, 3PLs and distributors the tools to build a local delivery network for same-day, last-mile delivery.

Advancements in sensors, wireless data and cloud computing are providing food and beverage companies unprecedented levels of visibility as consumers continue to demand more.

Emerging from the Industrial Internet Consortium’s Track and Trace Testbed is a set of requirements for a vendor-independent metamodel for data generated by hardware sensors.

At a high level, the two industries have much in common, and retailers can learn from the discipline inherent in the pharmaceutical supply chain.

The Amazon Effect is prompting many manufacturers to kickstart their digital transformation journeys. According to recent research, more than 8 in 10 business buyers want the same experience as when they’re buying products for themselves.

In the year 2016, Otto, Uber’s autonomous trucking brand, made a shipment of 50,000 beer cans for the first time in a self-driving vehicle that traveled from Fort Collins to Colorado Springs along existing Colorado highways. This is one of the many examples that show the scope of Artificial Intelligence in various aspects of Supply Chain Management. Machine Learning uses existing data to discover patterns in an industry and pinpoints its most significant factors that can then be used to improve outputs in that industry, and so is the case with Supply Chain Management.

“It’s a highly competitive, regulated market with little room for error. Their supply chain operations must be lean, reliable, and automated in such a way that the supply chain learns and adapts quickly. Our track and trace solutions do just that.”

Carrefour said that it has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years.

Carrefour will use the IBM Food Trust blockchain platform to expand its product range internationally while tracking more than 12,000 operational stores across 33 countries.