Blockchain provides a permanent record of transactions between parties and can be used to verify all reported transactions. Using blockchain technology, all parties that collaborate in the market release process have the same chronological record of information and an immutable audit log. This prevents any of the issues associated with existing audit processes from occurring and gives pharma companies certainty that they are providing auditors with the most recent, authentic, and valid documents.
This session will address:
- How blockchain integration can give you the freedom to prove the authenticity of records
- How blockchain technology enables pharma companies to reproduce an audit log of all documents associated with each batch of drugs in a matter of minutes as opposed to weeks or months
- How can blockchain technology enable supply chain partners to more effectively collaborate on all documentation processes required to bring a drug to market, release it and track it through the supply chain
While Covid-19 has exposed the cracks in global businesses, supply chain leaders now have a seat at the table to build a future-ready enterprise. Disconnected data, the crucial need for real-time visibility, and the lack of predictive analytics stand in the way of accelerating innovation, staying competitive in the market and restructuring global supply chains to be more agile.
In 2019, one of the largest pharmaceutical companies in the world partnered with TransVoyant starting their journey to develop a patient-centered Digital Logistics Program. They focused from the plant to the patient reimagining their ways of working, building digital capabilities with well-developed use cases and delivering value as quickly as possible.
This session will address:
• Approaches to activating the virtual control tower
• How to overcome business challenges, provide use cases and establish value drivers
• IoT enablement in supply chain digital transformation
• Delivering value at start of the journey
Technology is evolving to not only provide real-time data on the condition of temperature-critical medicines, but also to prompt, guide and log the actions people may need to take in response to any problematic variation.
This session will address steps needed to devise a digitization roadmap:
- Discover how to embrace the move to digital and make your supply chain more resilient while staying competitive
- Understanding the need to build a better audit trail for compliance, with accurate evidence and specific workflows for corrective action
- Understanding what it means to use technology as a differentiator within supply chain management across safety, quality, and patient experience