Aggregation
Aggregation

AGGREGATION FOR THE PHARMACEUTICAL INDUSTRY

The global pharmaceutical industry is an ever-evolving and fast-paced environment that must always adapt to the needs of the patients while following the requirements of various national health organizations and governments.

But the question is: Why does our industry need to regulate such a well-oiled machine? The answer is simple. Counterfeit and fraudulent products are a lucrative business that is consistently on the rise, especially in the case of medicines, powered by the booming economy of online shopping, the flattening of the world and the opening of international borders.

Aggregation

INCREASE IN SUPPLY CHAIN SECURITY AND EFFICIENCY

If serialization was the beginning of pharmaceutical track and trace then aggregation isn’t the end but it’s the next logical step to enhance supply chain security and traceability.

Those choosing aggregation today are moving ahead of their competition in terms of efficiency, security and traceability while removing many barriers to new markets.

Implementation

IMPLEMENTING AGGREGATION DOES HAVE SOME CHALLENGES

While aggregation is key to patient safety and therefore a secure pharma industry, this process comes with new challenges.

  • Complicated to implement aggregation in current workflows
  • Adding aggregation after serialization will have a greater overall financial impact
  • Operators will require training
  • Adding aggregation can potentially reduce the current productivity rate
  • Achieving effective and timely serialization compliance

These are the reasons why you need to choose your aggregation provider wisely and make sure they provide true expertise and support during the implementation process. 

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ANALYTICS REPORTING AND VISIBILITY

Many pharmaceutical companies are experiencing cost savings from improvements along with the following:

  • Meeting track-and-trace requirements
  • Supply chain optimization
  • Decommissioning of cases and pallets
  • Efficient recalls and returns

 

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