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Pharma Tech Outlook | Tuesday, September 15, 2020
Implementing technological solutions such as robotics, analytics, IoT, and AI or ML will help pharma leaders who can realize a real return on investment and reduce the risks associated with drug discovery and production.
FREMONT, CA: Most companies in the pharmaceutical industry remain stuck in the past, relying on outdated supply chain networks that risk and slow the delivery of new drugs to patients. Not to mention, they protect patient safety and support people to live healthier for longer. Below given are the top six pharmaceutical supply chain innovations every pharma company should watch out in 2020 and in the future.
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IoT
IoT and IIoT are an ecosystem where each device, machine, and also the process is connected employing a data communications system. This covers the lab equipment employed during the drug discovery process, devices used during medication manufacturing, and also those enabled vehicles for treatment delivery. Connected sensors can easily track equipment performance markers and alert staff to maintenance that needs to be before mechanical failure. This not only provides facilities to plan and schedule maintenance but also prevents expenditure for routine maintenance if not required.
Network Optimization
Not just for the warehouse and network optimization permits the pharmaceutical companies to gain exceptional operational awareness into the medication supply chain. Sensors and are used within the facilities that combine securely to the cloud. System users can get data to enable business intelligence and predictive analytics capabilities.
For a pharmaceutical producer, this enables insight into batch-to-batch variations, and it is possible to particulate contamination. Delicate medications, like precise storage temperatures or short half-lives, will benefit from real-time tracking, eliminating waste, and excess costs.
Robots
The pharma supply chain is packed with repetitive and time-consuming tasks, from filling the test tubes for research to preparing medication orders for delivery. Integration of intelligent mechanics, such as robotic arms, to a manufacturer's current equipment, can help them to complete simple tasks efficiently while communicating on progress and status with other systems, all in real-time. Robotics is considered not only to increase productivity by working consistently but also allow human staff to prioritize more complex high-value work.
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