Pharma supply chain solutions provider TraceLink has introduced a new package of agile solutions designed to digitalize the pharmaceutical supply chain. In response to COVID-19, TraceLink has prioritized its product roadmap and investment strategy to focus on delivering solutions that will have an immediate impact in helping companies meet unforeseen supply chain challenges.
 
The company has also unveiled its commitment to donate $1 million to COVID-19 charitable relief efforts and is currently accepting grant proposals from charities and organizations around the world.
 
“The world is facing a global health and supply chain crisis where the ability to collaborate and coordinate across the network has become essential to society. In response to this crisis, we urgently prioritized our product focus to deliver solutions that bring speed and agility to our customers’ supply chains, while also giving back to the industry with a charitable grant to support COVID-19 relief efforts,” said Shabbir Dahod, president and chief executive officer, TraceLink. “We are dedicated to helping our customers meet their compliance obligations and solve critical supply chain challenges—and will continue to make strategic business investments to further support the industry in today’s new normal.”
 
Built on TraceLink’s Opus platform, the new agile solutions will tap into TraceLink’s end-to-end network connectivity, data sharing, and multi-party process orchestration, giving companies the visibility and responsiveness needed for their supply chains to thrive in today’s challenging environment.
 
The new solutions on the TraceLink Opus platform include:
 
• Agile Issue Management: The centralized network-based system to identify, track and resolve supply partner issues in real-time. Agile Issue Management connects internal teams with external suppliers to manage unforeseen supply chain disruptions and resolve them faster.
 
• Drug Shortage Intelligence: When supply and demand experience massive fluctuation, drug shortages are inevitable. By using TraceLink’s network data and advanced analytics, TraceLink’s Drug Shortage Intelligence solution provides network wide insights into supply and patient demand, allowing customers to accurately predict and prevent drug shortages, ensuring critical medicines are available to every patient.
 
• Secure Distribution Tracking: By integrating Internet of Things (IoT) with product serialization, this solution will provide full track and trace visibility for the secure delivery of vaccines, test kits and high-value products.