Temperature Controlled Logistics Reactions: Decision Making Agility

Add bookmark

We respect your privacy, by clicking "Download Your Copy" you agree to having your details passed onto the sponsor who may promote similar products and services related to your area of interest subject to their privacy policy. You have the right to object. In addition, you will receive our e-newsletter, including information on related online learning opportunities. For further information on how we process and monitor your personal data, and information about your privacy and opt-out rights, click here.

Damage from disruptions in the supply chain can’t be completely eradicated, however they can be mitigated. Disruptions could occur in the form of natural disasters, equipment/vehicle failure or unforeseen transport delays. Companies which apply –what if – scenarios are noted to be much better equipped and agile towards facing unforeseen occurrences in the supply chain. A wrong decision made within the temperature controlled transit of a pharmaceutical, may not only be costly in a financial sense but it also in terms of physical harm caused to patients in extreme cases.

There is an array of proactive planning tactics deployed in the cold chain such as shipment calls, lane validation and qualification that arm a pharma firm with oversight on how to manage and navigate risk prior to the initiation of the lane. For example, the increased level of data collected during temperature controlled shipments can be utilised to assess current practices and guide decision making. Data analytics can provide new alternatives to product distribution; help define the overall estimated costs and create potential scenarios. The combination of supply chain data analytics and risk management has the ability to create solutions that visualize the weak-points along the entire value chain, assesses them and helps develop new approaches and strategies. Understanding and identifying the specific risks along a given shipping lane is absolutely critical in order for a company to establish appropriate and effective contingency plans that their logistics and transportation service providers are responsible for carrying out. An innovative study has recently assessed the use of eLearning programs to develop expertise and train those handling temperature sensitive pharmaceuticals through the supply chain.

Download the agenda for the Temperature Controlled Logistics Leaders Forum taking place from 25-27th October in Switzerland. Download the agenda here

This dedication towards proactive planning should sharpen a firm’s reactive abilities. It’s important to move towards real-time decision making as a shipment moves through the supply chain as opposed to basing decisions on historical data. The most valuable piece of ROI from investing big data into the supply chain is the enhanced visibility which will facilitate targeted interception to adapt situations before hazards translate into damage. (5). Additionally, optimised visibility will allow supply chain costs to be streamlined, very important with with cost- efficiency being a prime consideration in the transport of generics and ambient products.

With a view to assist pharma firms with proactively improving their agility and reactions for accurate decision making in temperature controlled logistics, Pharma Logistics IQ examines a selection of scenarios and invites leading experts in the field to provide insight on possible best practise measures in the face of these circumstances.

Expert Panel Includes: