TECHNOLOGY
“ As the volume of real-time and accurate data about the movement of goods rises , so too do the demands on operations teams to make sound business decisions quickly ”
JILL WEST VICE PRESIDENT OF STRATEGIC COMMUNICATIONS AT IMPINJ
Janssen Pharmaceutical is trialling an IoT monitoring strategy to strengthen the security of sensitive shipments , including medicines ( considered a controlled product ), in Australia . The pilot is part of a wider initiative to bolster local capabilities in the complex APAC region .
“ Our team is building a sustainable supply chain by growing capabilities that will improve responsiveness and the security of shipments ,” explains Chris Ewer , Vice President , Janssen Supply Chain Asia Pacific .
“ The team in Australia is initiating a trial in the second half of 2021 to monitor every pallet of controlled product with an Internet of Things ( IoT ) enabled device that provides real-time updates about the shipment location ,” he adds . " Building these capabilities in Australia gets us closer to our local patients and customers , giving us greater insights into their needs . This also helps us provide value , reduce our costs , and maintain reasonable prices to enable sustainable growth ."
Though the whiplash of last year ’ s COVID- 19 breakout has subsided , the impact of the virus has forever changed the way supply chains operate . The efficiencies of the Just in Time supply chain have been supplanted by resiliency and agility , where data is key and transparency is everything . IoT will form the backbone of the data-led supply chains of the near future , and organisations that fail to invest and react risk falling behind the new global standard . supplychaindigital . com 123