The packaging industry supports pharmaceutical and health sectors, with serialization playing a transformative role in ensuring compliance with regulations.
Antares Vision Group has implemented a traceability solution for cosmeceutical skin care provider Episciences, Inc., addressing supply chain visibility and gray market diversion challenges. The system was developed by ACSIS, a business unit of Antares Vision Group.
Track and trace solutions are critical for product safety, preventing counterfeiting and achieving supply chain transparency. These companies are making names for themselves in the sphere of traceability and serialization.
The global track and trace solutions market is expected to reach $28.9 billion by 2032, with companies in various industries utilizing these solutions for production and sales tracing and compliance. Notable firms such as MM Packaging, Antares Vision Group, and Deitz Co. have developed innovative solutions for these needs.
The pharmaceutical industry’s understanding of serialization is maturing as companies slowly begin to recognize the added business value supply chain traceability can provide. Historically, the industry’s focus on serialization has been driven by the need to satisfy evolving regulations. However, companies are realizing that the benefits of traceability extend beyond compliance.
For companies involved in pharmaceutical packaging, 2018 looks like it will be a year of scrambling to meet new regulations on serialization, safety and security, while at the same time responding to market demands for personalized care and generational requirements.
The barcode is so pervasive in worldwide commerce that it’s hard to believe its use is still increasing. Now add prescription drug anti-counterfeiting measures to the list.
Supply Chain Wizard introduces user friendly yet powerful OEE Tracker, an analytics-based tool to improve the overall equipment efficiency of pharmaceutical packaging and manufacturing lines in a cost-effective, expedited fashion.
The Bottle Tracking System is the complete hardware and software solution to fulfill the current and upcoming regulations on traceability and e-pedigree when bottles have to be managed as a single selling unit.