Blockchain, as a technology, has the potential to redefine how business is conducted. Its capacity to be a trusted and secure digital record or ledger has significant real-world applicability. Many different industries are ripe for disruption including any industry involved in supply chain operations. One industry that looks prime for the adoption of blockchain is pharmaceuticals.
Serialization forms the new basis for the ongoing effort to secure the supply chain—most significantly the pharmaceutical supply chain, but also increasingly in other sectors. However, it is only the foundation on which other technologies are built to add this sought-after security. Serialization goes far beyond placing a number on a box. These associated technologies, and the terms used to describe them, are explained here.
Pharmaceutical serialization has been around since 2005, with Systech being the first vendor to deliver a solution. The market has grown, and international standards are still varied and complex. Implementations and data constructs vary from vendor to vendor. These factors provide several challenges to businesses' supply chains.
Efforts are underway to help standardize.
On April 13, 2017, Automation World Senior Editor, Stephanie Neil wrote an article “Strengthening Supply Chain.” This...
By Stephen Lisa
When implementing serialization, drug manufacturers and contract packagers need to be mindful of the complete costs. Serialization should be viewed as an enterprise solution, rather than a series of isolated local plant or packing line decisions. The initial costs include the direct costs of software, hardware, systems integrations and validation. Often underestimated, however, are the impact that serialization has on an existing IT infrastructure and the integration costs...