Shipper saves $0.5 million by escaping the sting of product rejection
Temperature excursions in the healthcare industry have recently resulted in losses of around $35 billion - Half of this figure is due to product spoilage.
The high cost of spoiled pharmaceutical products is one of the driving motives for using Phase Change Materials (PCMs) in supply chains.
Vishnu Sasidharan – VP New Product Initiatives, of Pluss examines the key decision making metrics for PCMs, the benefits of using these materials in stubborn emerging markets and provides insight into one case study where a firm saw significant savings from switching to PCMs.
|Benefits of reading this eBook||Challenges Addressed|
- Gain an insight on the value proposition of implementing PCMs and the differentiation over conventional solution.
- Download a brief on critical parameters to consider while evaluating PCMs and technical capabilities of the manufacturer
- Regulatory compliances against use of hazardous coolants and materials for passive cooling.
- Ensuring precision in temperature control for temperature sensitive, high value pharmaceutical drugs and products.
- Standardization and fool-proofing the process of packaging with use of PCMs by reduction of number of steps and components involved in pharmaceutical packaging.
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