Digitizing your cold chain operations to improve patient outcomes

Pharmaceutical and life sciences organizations lack visibility in their end-to-end supply chain because of information and organizational silos. Despite extensive planning, losses can arise from many unexpected events and excursions, such as temperature sensitive products becoming too warm or missed pick ups. Supply chain failures cause businesses to lose up to half of a year’s profits over the course of a decade, according to McKinsey.

Existing legacy systems used to manage the supply chain were not designed to manage operations in real-time and are often not integrated across organizations. Instead, businesses need a real-time supply chain operations platform that collects data and signals from anywhere in the supply chain, analyzes the information to provide predictive insight into excursions and risks, and enables modeling to avoid future issues.

To combat risk and volatility, supply chain executives can also look to digital twin technology. Using advanced analytics and artificial intelligence (AI), the digital twin simulates the supply chain’s performance and identifies where volatility and risks exist, pointing to areas that need innovation.

A digital twin also enables scenario planning, so that a company can make decisions based on business needs rather than merely resolving issues as they arise.

Join this webinar to find out:

• How to use digital twins and thermal packaging solutions to ensure quality and sustainability
• How digital twin technology can improve collaboration with clinicians and optimize patient outcomes
• The benefits of scenario planning to enable long-term business strategies rather than firefighting
  

Speakers

Alok Bhanot
Executive Vice President & Chief Technology Officer
ParkourSC

Bhanot has extensive experience creating secure, highly-scalable cloud networks and leveraging AI/ML in predictive analytics platforms. He has held executive roles at Verifone, PayPal, eBay, and as Founder and CEO of Inkiru, a predictive intelligence platform acquired by Walmart.

Amar Chahal
Senior Vice President - Global Marketing, Strategy & Corporate Development
Cold Chain Technologies

Chahal has over two decades of experience in the pharmaceutical and medical device industry, having worked with Eli Lilly and then with Becton Dickinson. Chahal is originally from India and has held roles of increasing responsibilities at country, regional and global level across marketing, commercial leadership and as a general manager for a large global business unit.

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