TraceLink is a network creation platform company that links companies, people, processes, and systems on a network for greater good. At TraceLink, they blend decades of knowledge in SaaS technology, track and trace, and supply chain business processes with a clear vision for advancing the life science manufacturing industry with disruptive, groundbreaking platform technology, multienterprise applications, and a partner ecosystem. Their solution suite addresses customer challenges in supply chain agility, serialization and traceability, and regulatory compliance.
Powered by Opus™, the Operating Platform for Industry 4.0
Industry 4.0 blurs the lines between the physical and digital worlds, connecting people, processes, systems and data with digital networks that respond to patient demand, adapt to fluctuations in supply, and enable network members—collectively—to act more intelligently than any person, group, or computer has ever done before.
The TraceLink Opus platform enables companies to build business networks and integrate business ecosystems with multienterprise supply chain applications. By leveraging the TraceLink digital network, which incorporates over 284,000 member organizations from across the life sciences, pharma, and healthcare sectors, pharma companies can enhance transparency, trust, and collaboration across trading partners.
TraceLink Opus is the Industry 4.0 operating platform that enables speed of innovation and implementation with an open partner model for no-code and low-code development of solutions and applications. With the Opus platform, companies can create interoperable networks, integrate data across trading partners, access predictive analytics and collective intelligence from across the network, leverage pre-built multienterprise applications or develop their own, and create customized solutions while maintaining network interoperability, resulting in greater patient-centric agility and resilience.
Track and Trace, an Industry 4.0 Success Story
As early as 2009, TraceLink realized that worldwide track and trace regulations would require the creation of a digital network platform to enable companies to exchange serialized data and traceability information with both direct and indirect trade partners. To meet this global challenge, TraceLink created the largest digital network platform in the industry to power the most successful Industry 4.0 implementation to date.
- 1,300 customers and 287,000 authenticated and onboarded network members
- 816 million regulatory documents processed and exchanged
- 30+ billion serial numbers commissioned to date
- 13,925 live serialization connections
- 7,035 live CMO connections
- $4.6 billion in customer savings by avoiding point-to-point integrations
Digital Supplier Collaboration with Supply Chain Work Management
TraceLink Supply Chain Work Management is a multienterprise work management solution that enables companies to build collaborative networks across their trading partners to enhance the performance of their integrated supply planning and execution processes through better management of supply chain issues and planning exceptions like material shortages, short shipments, and forecast changes.
TraceLink Supply Chain Work Management digitalizes supply chain business processes and enables structured cross-functionally and cross-company execution with trading partners. Developed and hosted on the TraceLink Opus Platform, Supply Chain Work Management enables customers to leverage digital networks with partners to exchange business process information through secure, configurable links, and connect to enterprise systems to accelerate cross-company sharing of interoperable supply chain data.
Supply Chain Work Management enables executives to gain actionable visibility through dashboards and shared workflows that span across their own organization and their supply chain partners. Supply Chain Work Management may include one or more of the following pre-configured, but customizable, business process templates, known in the product as Processes: Direct Supplier Incidents, Indirect Supplier Incidents, External Manufacturing Incidents, Internal Manufacturing, Incidents, Change Requests, and Supply Chain Task Management.
Meet Compliance Requirements with their Track-and-Trace Solution Suite
TraceLink delivers a flexible and rich compliance data management system for the secure creation, management, and exchange of track-and-trace data with supply chain partners to meet requirements for compliance with new and evolving regulations around the world.
Informed by a decade’s worth of work with hundreds of companies across the pharma supply chain, TraceLink provides compliance data management and product traceability capabilities to meet the wide-ranging needs of pharmaceutical companies, repackagers, wholesale distributors, pharmacies, and hospitals/healthcare organizations. They continuously monitor worldwide regulatory requirements to be sure their compliance solutions stay up to date so you can focus on your business.
Predict Medicine Shortages with Product Availability Intelligence
Product Availability Intelligence is the first realization of Opus Collective Intelligence, harnessing the shared business process data created by multienterprise applications running on the Opus digital network platform to generate near real-time network wide insights.
Product Availability Intelligence applies machine learning to the movement of more than 30 billion serialized medicines across the TraceLink Healthcare and Life Science network to predict and react to critical medicine shortages up to 90 days in advance with greater than 80% accuracy against current industry information sources.
About Pharma Supply Chain and Logistics Innovation Programme 2022
Pharma Supply Chain and Logistics Innovation programme is a promising conference of World BI, focusing on different aspects of supply chain challenges especially during the COVID-19 pandemic. Get to know how supply chain professionals ensure the agility and visibility of the complex supply chains with the technological advancements in the world nowadays. Implement the robust supply chain plans as forecasted and monitoring the distribution network, keeping in mind the last mile delivery and patient centricity.
7th Pharma Supply Chain and Logistics Innovation Programme to be held in Basel, Switzerland on 10-11 May 2022.
8th Pharma Supply Chain and Logistics innovation Programme to be held in Munich, Germany on 23-24 November 2022.
This year Pharma Supply Chain and Logistics Innovation programme will come up with new flavors discussing all the challenges for a disrupted supply chain post covid, supply chain management and supply chain differentiation covering technological advancements. This conference is a blend of discussions featuring end-end supply chain, supply chain optimization, product security & authentication and regulatory compliance.
Speakers & delegates such as MSD, GSK, Novo Nordisk, Vifor Pharma, Bayer, Johnson and Johnson, Novartis, Cytvia, Clover Biopharma and many more are looking forward to joining this conference.