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Showing posts from November, 2021

How to achieve resilience for a Pharmaceutical supply chain management

  Pharmaceutical supply chain management is no longer the simplest process on earth. The renewed outsourcing and modalities introduced to the industry has brought it closer to the patients but at the same time, the industry needs to make sure that their customers are protected against any kinds of inevitable shocks. The much-needed resilience and tolerance in Supply-chain require four aspects to its service. These four magical stones are end-to-end transparency, routine stress-testing and reassessment, reduced vulnerability, and supply-chain tolerance towards the executive agenda. End-to-end transparency: One thing that shakes the successfully running business model is the lack of transparency between the business conducted between suppliers and suppliers’ suppliers. A brand or a pharmaceutical can be accused of conducting unfair business if it fails to maintain transparency in its business and commerce.   Routine stress-testing and reassessment: A company needs to be good en...

MedSure

In recent times, counterfeiting product is a prominent problem people are facing. Medical counterfeiting is pervasive, with an estimated 20 percent ($4.3 billion) of India’s drug market. To solve such an issue has been the main target of the healthcare system for years, no solution until now could forfeit this problem the way it is required.  medSure is an NFT-based anti-counterfeiting, anti-hoarding solution along with a real-time supply chain management system designed to protect the brand image and brand reputation from a manufacturer’s end. Based on the advanced blockchain technology, medSure operates on Non-Fungible Tokens at its core, making it almost impossible to tamper or hack. It thrives to eradicate counterfeit by flagging recalled and fake products from the market and allowing consumers to get authentic medicine with a simple scan and check feature. The motive is to provide the manufacturer authority to report his counterfeiters and protect his brand image and authen...