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Beeyond
March 20, 2018 2:40 PM
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Fusion blockchain, data, AI and manufacturing will transform pharmachem companies into digital enterprises.
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Beeyond
March 20, 2018 2:39 PM
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Despite all the hype surrounding blockchain today, the study's authors "believe that the logistics industry needs to leverage new technologies and embrace ways of rethinking old processes in the digital era." Referring to blockchain as "The New Internet," the report's author suggests that implementing blockchain in logistics could remove the need for intermediaries, while also verifying, recording and coordinating transactions autonomously without the need for third parties. In the process, blockchain-based supply chains would eliminate an entire layer of complexity from our global supply chains.
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Beeyond
March 19, 2018 8:39 AM
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Where did this product come from? It’s a simple question that’s fuelling a new era of fully transparent and traceable products. We explore how.
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Beeyond
March 19, 2018 8:38 AM
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Through a network of smart contracts that operate utilizing decentralized information on a ledger, blockchain is able to provide unmatched security and speed for data transfers. This means that blockchain technology has an application in nearly every industry where value is exchanged.
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Beeyond
March 19, 2018 8:37 AM
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As the pharmaceutical industry prepares itself for serialization and the requirements beyond, many questions arise regarding best practices that will ensure product traceability throughout the supply chain and compliance on an international scale, AND, value beyond compliance. At the same time, full serialization will likely impact the operation of the pharma supply chain in profound ways—some predictable, some less so. In these interviews, IQPC is leaning on the expert opinions of top pharmaceutical supply chain professionals for their thoughts on that future.
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Beeyond
March 13, 2018 1:47 PM
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The China Food and Drug Administration (CFDA) is seeking feedback on its medical device unique identifier rules. CFDA, like its peers, wants to link medical devices to unique alphanumeric codes to enable the identification of products as they are distributed and used.
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Beeyond
March 13, 2018 8:58 AM
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Exoskeletons will aid pharma factory workers. 3D printing will allow pharmacies to produce drugs on the spot. Blockchain technologies will help fight counterfeit drugs. These are just bits and pieces, but the entire process of the pharmaceutical supply chain will be affected by disruptive technologies. Let me show you a comprehensive overview how innovations will make it more efficient, faster and cheaper than ever before.
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Beeyond
March 13, 2018 8:39 AM
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DHL and Accenture pilot tracks pharmaceutical products from manufacture to prescription, showing potential to clamp down on counterfeit medicines. Blockchain could reduce the number of people who die from the use of counterfeit medicines, a project by DHL and Accenture has proved. To this end, logistics giant DHL, in partnership with Accenture, has completed a proof of concept for blockchain’s use in the pharmaceutical supplies sector, and DHL has said it was a success.
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Beeyond
March 12, 2018 11:14 AM
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Did you know 1 in 5 consumers refuses to purchase any products from a company that suffered a food recall? Meanwhile, the amount of counterfeit products on the global market is forecast to increase 3 percent annually over the next five years. In the US alone, food recalls have increased 400 percent in the past five years. To safeguard brand identity, packaging suppliers are increasingly turning to serialization.
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Beeyond
March 9, 2018 5:22 AM
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Despite the popular hype surrounding blockchain, it will likely be the humble blocking and tackling of supply chain management that proves the technology’s value to business. Supply chains present an ideal case for the distributed ledger technology. They contain lots of complexity and waste, have multiple parties that need to contractually share information or multiple applications, and are tasked with increasing demands. To top it off, they come with financial and reputation ramifications should things go awry.
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Beeyond
March 6, 2018 11:23 AM
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Many Companies that talk to me about Fleet Management are often focused on the exteriors and the driver. Part of this is because the regulation for Electronic Log Devices [ELDs] has made information about the person in the cab more important. Another reason is because the simple detection of location and doors reduces the threat of hijacking tremendously.
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Beeyond
March 6, 2018 11:21 AM
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Last week, the FDA released two new guidances for interpreting track and trace requirements: - Standardization of Data and Documentation Practices for Product Tracing Guidance for Industry
- Definitions of Suspect Product and Illegitimate Product for Verification Obligations Under the Drug Supply Chain Security Act
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Beeyond
March 6, 2018 11:19 AM
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DHL, the world’s leading logistics company, today launched its latest research report on digitalization in the supply chain. The report reveals that new technologies and solutions are developing at a fast-pace and disrupting industries on multiple fronts, with supply chains struggling to keep up. The global survey of nearly 350 supply chain and operations professionals reveals that 95% of respondents are not fully capitalizing on the potential benefits that physical innovation and information/analytics offer.
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Beeyond
March 6, 2018 11:16 AM
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Unibright is the world’s first blockchain based project of its kind that gives anyone the ability to craft powerful Blockchain solutions and Dapps with no coding skills or expensive developers. Users on the platform can define business integration workflows visually, without writing any codes.
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Beeyond
March 5, 2018 4:55 AM
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The US FDA has released recommended data standards for drug supply chain trading partners, in a move to standardise track and trace. The US Food and Drug Administration (FDA) issued the draft guidance this week, which elaborates on industry standards relating to the Drug Supply Chain Security Act (DSCSA).
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Beeyond
February 28, 2018 11:48 AM
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In the history of innovation, much progress has been made by successful applications being adapted from one sector to another. The aerospace and automotive industries, for example, routinely introduce new technologies that were first tested in space, or Formula One.
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Beeyond
February 28, 2018 11:47 AM
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Industry 4.0 has been dubbed the next industrial revolution, with many analysts expecting the digitalisation of manufacturing to revolutionise how goods are processed and produced. Global consulting firm PwC surveyed more than 2,000 ‘first movers’ from nine major industrial sectors to see how they approached Industry 4.0. Here are their four key findings.
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Beeyond
February 21, 2018 1:36 PM
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In the short term, marketing databases are likely to lose some of their value, as consumers opt out. It’s also likely that third-party data will lose some of its richness, though what remains is also likely to be cleaner and more reliable.
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Beeyond
February 18, 2018 6:02 AM
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Companies may have significant counterfeit risk in markets where serialisation is not mandated. Prior to having to implement serialisation capabilities for legislative reasons, it probably would not have been viable to invest for these currently non-regulated markets. However, the marginal cost of serialising additional products using existing capabilities is small, therefore may now be viable. To further enhance the benefit of serialising such product, companies can also offer the downstream supply chain and patients the ability to authenticate product. This can be done through websites or smart device Apps, that are using services provided by a company’s serialisation system. Typically, the incremental cost of such a service is relatively small.
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Beeyond
February 18, 2018 6:00 AM
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The race is on to achieve GDPR compliance by May 2018, and it’s time to get practical about operationalizing your data management and governance.
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Beeyond
February 16, 2018 8:15 AM
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It’s not too hard to imagine why the tobacco industry so desperately wants to be in charge of the labelling system. BAT was fined as recently as 2014 for deliberately oversupplying certain markets to evade tax. The company is complicit in cigarette smuggling on such a massive scale that it has developed a whole lexicon of euphemisms for internal memos: illicit cigarettes were referred to, for example, as “general trade.” Clearly, involving the tobacco industry to any degree in the EU’s efforts to cut down on tobacco smuggling could be catastrophic. With all the revelations unearthed by the BBC or Reuters of Big Tobacco’s efforts to undermine the WHO protocol, one can easily imagine the opposition to any independent track and trace system.
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Beeyond
February 16, 2018 8:10 AM
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One of the pioneers in this field is R-Pharm Germany – formerly part of the Pfizer production network. Back in 2009, the experienced CDMO developed systems for serialization and aggregation and went live with several packaging lines in its facility in Illertissen, Germany. Today, R-Pharm supports manufacturers, which are not ready for the upcoming requirements, by providing packaging capabilities including serialization as a standard service.
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Beeyond
February 16, 2018 7:37 AM
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Lack of standardised track and trace-related communication in the pharmaceutical sector has posed significant constraints on implementing workable serialisation solutions, new findings have revealed.
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Beeyond
February 11, 2018 10:04 AM
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Using the Ethereum-based blockchain smart contract, the technology tracks the transaction nodes between drug manufacturers, wholesalers, pharmacists, medical representatives, the Startup said in an official release, adding the technology will protect product information, and also combat the problem of counterfeit drugs. The blockchain will also help connect all hospitals on a global scale and improve the rate at which information is shared between institutions.
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Beeyond
February 8, 2018 4:47 AM
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Think big, act small. A common mistake made when implementing complex projects such as supply chain visibility is the attempt to solve all issues in one tranche. What’s important is to make a start on where the biggest wins are – it might, for example, be inventory reduction or improved order fulfilment. Visibility provides the opportunity to put things under control, so start with your main issues and then seek to extend towards a bigger visibility picture. Also, consider where you currently have or may need good data quality (accurate, timely and usable) - it is essential for effective supply chain visibility and can often be a major barrier.
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Curated by Beeyond
BEEYOND is a consulting company in the field of disruptive innovation, accompanying established companies on out-of-the-core growth strategy, from creation of new concepts to product launch. Reach us at: contact@beeyond.fr.
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