Best Impact Of GPS Tracking Technology On Pharmacy Deliveries
The global pharmaceutical industry is enormous in terms of the money it generates for the global economy and in terms of people who rely on it in a bid to live healthy lives. At the same time, the pharmaceutical industry is quite competitive as well. If a pharmaceutical brand wants to future-proof its existence then it has to ensure it not only provides its customers with world-class products but at the same time, also boasts about its transparency and traceability factors in terms of pharmaceutical logistics.
What Is Pharmaceutical Logistics?
The part of a supply chain responsible for the smooth movement of pharmaceutical goods from point A to point B using specialized tools like the best fleet tracker is known as pharmaceutical logistics.
How Important Are Transparency & Traceability In Pharmaceutical Logistics?
In simple words, a pharmaceutical company, by enhancing its traceability as well as transparency factors can –
- Maintain product quality &
- Ensure safety - throughout its supply chains.
A pharmaceutical company has to continuously adapt in a bid to ascertain its operations are meeting new regulatory standards. Furthermore, enhancing transparency throughout its logistic chains also allows a pharmaceutical company to protect patients from consuming expired or duplicate products.
Add all of the above and you can see that by enhancing transparency as well as traceability factors, a pharmaceutical brand inadvertently builds trust with its stakeholders! The outcome is that the company thrives even when the market segment it caters to has become exponentially competitive.
On top of this, traceability also allows a pharmaceutical company to keep an eye on its shipments every step of the way till they reach their destinations. The outcome is that the pharmaceutical company meets regulatory standards and at the same time, comes out as a brand that is worthy of stakeholder confidence.
The Impact of GPS Tracking Technology On Pharmacy Deliveries
Apart from letting pharmaceutical companies increase transparency as well as traceability in their daily operations, GPS tracking technology also offers the following benefits.
GPS Trackers Help Pharmaceutical Companies Meet Regulatory Norms
The regulatory norms that govern the pharmaceutical sector are pretty strict and often companies in this sector fail to meet the norms which in turn leads to their demise.
A pharmaceutical company can ensure its future is secured by investing in GPS tracking technology and related solutions which would allow them to –
- Keep accurate records
- Keep accurate records
- Reduce audit-related and inspection-related risks &
- Safeguard company reputation.
Deliveries Are Optimized With Fleet GPS Trackers
With the help of the latest GPS fleet tracker device pharmaceutical companies can ensure their products reach their customers on time. Fleet GPS trackers use real-time GPS data – which in turn, allows a pharmaceutical company to optimize their operations on the fly. For instance, if an urgent shipment containing vaccination is on its way to a remote part of the world that is on the verge of facing a pandemic-like outbreak, a pharmaceutical company can chart the shortest route to the destination to ensure the shipment is delivered by or before the set deadline.
Additionally, if the planned route has some form of blockage, alternate routes can be planned by the fleet manager of the pharmaceutical company even when the consignment is in transit so that the movement of the cargo remains unhindered! In simple words, fleet GPS trackers keep instances of breaks in the supply chain at bay!
GPS Tracking Devices Offer Security To Pharmaceutical Cargo
The instances of pharmaceutical cargo being tampered with or straight-up getting stolen while in transit are nothing new.
Medications – they are costly and since their demand is always high, stolen pharmaceutical products; in the black market always have a high demand. This drives ill-doers to break into pharmaceutical cargo delivery vehicles and steal the goods with the intention of selling them at a high price in the black market.
Such situations can be prevented when a pharmaceutical company invests in GPS trackers. Using GPS trackers, fleet vehicle drivers can be prevented from driving through high-crime areas. At the same time, pharmaceutical companies can keep a close watch on the movements of their fleet vehicle drivers in a bid to keep them from partaking in any illicit activities concerning pharmaceutical shipments.
Get the idea?
GPS tracking technology has gradually become an indispensable tool for the entire pharmaceutical industry. These days, collaboration between pharmaceutical companies and their in-house or outsourced logistics providers is possible thanks to GPS technology. This in turn has ensured pharmaceutical consignments reach their destinations unaltered and on time.
Additionally, as the market is constantly evolving, pharmaceutical companies can keep up with the winds of change thanks to Vyncs fleet GPS trackers. This, in turn, makes pharmaceutical companies boost existing relationships and at the same time, form lasting bonds with their respective stakeholders. It is that simple!