New Condition monitoring IoT solution Improves the visibility of the supply chain for pharmaceutical companies
Identive, Inc., a leading worldwide provider of RFID and BLE-capable Internet of Things (IoT) solutions, announced a strategic partnership for business development and marketing with Tag-N-Trac, a complete provider of IoT platform for the visibility and traceability of the supply chain in real time.
This new partnership will initially focus on the development and commercialization of specialized IoT solutions for chain tracking within the supply chain of the pharmaceutical industry.
The partnership combines Advanced BLE Smart Labels from Identive with TAG-N-Trac’s Relatity SaaS platformAn integrated IoT solution that provides visibility at the article level and implementable knowledge from origin to delivery. The IoT platform of the theory of relativity combines connectivity and data acquisition to give visibility and traceability in real time as well as the monitoring of the environmental conditions such as the temperature of the object and the air humidity and the guarantee of integrity and compliance with temperature-sensitive products in the cold chain. The relativity level is a single platform for the industry for “in Warehouse” and “in Transit” about the global visibility and traceability using smart labels and tags.
“If the regulatory requirements and concerns about patient safety grow, real -time data and visibility in the pharmaceutical cold chain have become critical”, “ said Kirsten Newquist, CEO at Identive.
“Our strategic partnership with Tag-N-Trac supports pharmaceutical customers with intelligent, scalable IoT solutions that meet strict regulatory standards and at the same time optimize operational efficiency.”
Identives Smart Labels continuously record raw environmental data throughout the trip to the delivery of a product. The platform from Tag-N-Trac transforms this data into real-time analyzes for monitoring the location, state and the chain case status, which is suitable for high-quality products such as vaccines, biologicals and other temperature-sensitive medicines.
“The visibility of the cold chain is one of the most complex and important challenges in the pharmaceutical distribution and logistics.” Said Venu Gutlapalli, CEO from Tag-N-Trac. “Together with identity, we provide a comprehensive digital solution that gives pharmaceutical companies the trust and data intelligence in order to manage temperature-sensitive products safely, efficiently and in full.”
This strategic partnership confirms the commitment of both companies to build a more intelligent, more networked pharmaceutical supply chain through special IoT solutions.