Cold chain monitoring IoT is a temperature-controlled supply chain comprising refrigerated production, storage and distribution facilities supported by equipment that can constantly maintain the required low-temperature range. However, it’s far more complex than it sounds. For example, some vaccines require a constant temperature range from the time they are manufactured until they are used.
The requirement is so exact that if the temperature goes outside of this range, even for a short time, the vaccine could lose its potency and become unfit for use.
BioPharma waste is 25% of global production each year Source: UN REPORT 2016
The pharmaceutical industry is estimated to be worth USD $1170 billion as reported by the Business Research Company. With the industry continuously growing each year, this highlights the increasing need for the pharmaceutical industry to protect its high value and temperature-sensitive products throughout the cold chain to ensure that they reach clients and end-users in the same condition that they have left in.
Biopharmaceuticals are highly sensitive and can be impacted by a variety of factors within the cold chain. Temperature fluctuations, exposure to light and even shock can affect biopharmaceuticals impacting their viability, and at times rendering them unviable for use.
Biopharmaceuticals within the cold chain can require different cold chain management capabilities. Innovative asset tracking solutions are vital to cold chain management allowing operational efficiency and supply chain visibility to be improved. Many countries globally are implementing standards that set out to improve the monitoring and tracking of pharmaceuticals.
This includes The Australian Code of Good Wholesaling Practice for Medicines, which sets out guidelines that must be complied with by all third-party associates. The code highlights that temperature-sensitive pharmaceuticals during transport should be monitored to ensure that the conditions outlaid by manufacturers are being met. In the United States of America, the FDA enacted the Drug Supply Chain Security Act in 2015, to establish the mandatory tracking of all pharmaceuticals from 2023 onwards.
These trends indicate that the global pharmaceutical industry is placing greater focus on ensuring an end to end visibility is present during the supply chain. A report released by the IATA on pharmaceuticals found that pharmaceutical degradation occurs most commonly during shipping and storage.
A further report by IATA stated that the pharmaceutical industry loses $2.5 billion to $12.5 billion annually because of problems with cold chain management during logistics. This further highlights that solutions need to be innovated to increase supply chain visibility, operational efficiency and reduce instances of waste and damage for the pharmaceutical industry.
Biopharmaceuticals are highly sensitive and can be impacted by a variety of factors within the cold chain. Temperature fluctuations, exposure to light and even shock can affect biopharmaceuticals impacting their viability, and at times render them unviable for use. Biopharmaceuticals within the cold chain can require different cold chain management capabilities. Innovative asset tracking solutions are vital to cold chain management allowing operational efficiency and supply chain visibility to be improved.
Fluctuation in temperature can have determinantal effects on pharmaceuticals falling outside of certain temperature thresholds can impact the viability of pharmaceuticals, decrease their potency even impact the health of a consumer. Supply Chain Intelligence gathered from IOT.
Many countries globally are implementing standards that set out to improve monitoring and tracking of pharmaceuticals, which sets out guidelines that must be complied with by all third-party associates. The code highlights that temperature-sensitive pharmaceuticals during transport should be monitored to ensure that the conditions outlaid by manufacturers are being met. In the United States of America, the FDA enacted the Drug Supply Chain Security Act in 2015, to establish the mandatory tracking of all pharmaceuticals from 2023 onwards. These trends indicate that the global pharmaceutical industry is placing greater focus on ensuring an end to end visibility is present during the supply chain.
Food and beverages waste is 1/3 of global production each year
Real-time data loggers offer several advantages over traditional data collection methods, making them valuable tools across various industries. Here's how they bring tremendous benefits:
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Perishable food & beverages are largely prone to experiencing temperature excursions due to incorrect handling and ineffective cold storage & logistics processes amongst other reasons.
A study released by the Food and Agriculture Organisation in 2019 (FAO) found that 14% of all food wasted occurs between harvest and retail further highlighting the need for a solution to consistently monitor perishable foods and beverages during transportation.
Globally the industry is under increasingly stricter regulations such as the FDA’s Food Safety Modernization Act (FSMA).
Additional regulations are just one aspect that is affecting the food & beverages industry. Sustainability is another increasing pressure the industry is facing with large amounts of food & beverages going to waste every year.
Greater supply chain visibility of high-value products in the industry can assist in reducing levels of perishable food waste.
Visibility can be achieved with the implementation of IoT enabled asset tracking solutions throughout the supply chain.
In addition, environmental monitoring systems can also be implemented for monitoring vital conditions of perishable food & beverage products in cold storage facilities.
The perishable nature of seafood and meat makes them significantly at risk of experiencing cold chain breaches and products being incorrectly handled leading to a deterioration in quality or product and packaging damage during the supply chain. This can lead to products no longer being able to be consumed therefore resulting in higher levels of waste.
The utilisation of asset tracking and monitoring solutions can assist companies in this industry to increasingly meet compliance and regulations that are place by industry bodies and governments. With Adapt Ideations’ products sharing data with clients can be achieved easily allowing concerned parties to always understand how the products have been handled and stored.
Monitor valuable cargo on the move with near-real-time location, temperature and tamper detection to greatly help improve compliance during transport and reduce wastage.