DHL is investing $15m (€10.2m) in its logistics infrastructure in Asia, increasing capacity in India to meet demand for supply chain services that are in compliance with stricter regulatory and quality requirements.
The burgeoning Japanese pharmaceutical market is set to boost the
third party logistics (3PL) sector as drug makers are expected to
increase their reliance on outsourcing for this type of services in
the future, a new report said.
Although pharmaceutical distributors may be reluctant to integrate
radiofrequency identification (RFID) technology into their supply
chain infrastracture, manufacturers are pushing RFID by holding
distributors accountable for errors...
The worldwide market for supply chain management (SCM) software is
tipped to grow 8.6 per cent a year to reach over $8.3m (€6.8m) in
2010, driven by the need to streamline supply chain processes and
Sentry Logistic Solutions has debuted on the pharma scene,
launching a new range of services dedicated soley to the cold-chain
logistics, storage and packing of bulk pharmaceutical and
biotechnology components and finished products.
As pharma companies continue to search for new areas of business to
outsource, third party logistics (3PL) is an area tipped for
dramatic growth over the next four years, particularly in Europe
where the practice is still in its infancy,...
Omron Corp aims to invest $20 million in the next two years in an
attempt to capture a larger slice of the RFID market, which is
expected to swell from $1.95 billion (€1.65 million) in 2005 to an
estimated $26.9 billion in 2015, driven...
US-based Avery Dennison is now producing radio frequency
identification (RFID) inlays using a new high-speed manufacturing
process to meet what the company believes will be a booming demand
for clients who ship cartons and pallets.
Companies in the European life sciences industry could save
significant sums of money, up to 5 per cent of turnover in some
cases, by considering tax implications in their supply chain
strategy, according to a report from consultants...
As the pharmaceutical industry gears up to use radiofrequency
identification for supply chain management, medical suppliers in
Germany have already adopted the technology to track blood products
and no plan to use it safeguard quality.
Despite the protestations of suppliers, the cost of passive tags
used for radiofrequency identification (RFID) will not fall as low
as 5 cents per unit, and is more likely to be at the 16 cent level,
according to a recently published...
A leading consultancy firm has predicted the use of radio frequency
identification (RFID) within the pharmaceutical industry could
prevent most of the 1.25 million adverse reactions and 7,000
patient deaths annually in the United...
US-based wholesaler HD Smith has followed the lead of retail giant
Wal-Mart in adopting a system of electronic product code (EPC) and
radiofrequency identification (RFID) to track controlled