Medicines often have stringent storage requirements that, when not followed correctly, can damage product efficacy and quickly render entire consignments unsaleable; the financial impact of these compromised shipments is significant.
Global reports suggest that the biopharma industry may be losing up to $35 billion annually as a result of failures in temperature-controlled logistics.1
For the enhanced visibility of precious cargo, pharmaceutical logistics leaders working in the cold chain are increasingly turning to AI-enabled asset tracking technologies.
These compact electronic devices can be attached to individual shipments to provide around-the-clock information on shipment location, thereby playing a vital role by ensuring that medicines are delivered on time and in good condition.
So, what does it take to ensure shipments remain secure and compliant throughout their journey?