Shipper saves $0.5 million by escaping the sting of product rejection
Add bookmarkTemperature excursions in the healthcare industry have recently resulted in losses of around $35 billion - Half of this figure is due to product spoilage.
The high cost of spoiled pharmaceutical products is one of the driving motives for using Phase Change Materials (PCMs) in supply chains.
Vishnu Sasidharan – VP New Product Initiatives, of Pluss examines the key decision making metrics for PCMs, the benefits of using these materials in stubborn emerging markets and provides insight into one case study where a firm saw significant savings from switching to PCMs.
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