Over the last few years the advent of rapid technological developments like Big Data, Artificial Intelligence (Al) and The Cloud to name but a few, linked with growing external market drivers such as serialisation, continuous manufacturing and the increasing focus on patient specific drugs has meant the pharmaceutical and healthcare industry has needed to embrace change like never before. A by-gone catch phrase of "site stability" is evolving into a need for "site agility".
Matflo’s evolution and deployment into this specialist market space has been able to combine best practice from other regulatory focused businesses with learnings from more flexible, faster moving industries that have had to learn to adapt quickly to consumer demand to be able to survive.
The increasing volume of biologic products means that Cold Chain compliance is needed across a larger part of the network and as more personalized medicines receive regulatory approval it will, in places, be necessary to re-invent the supply chain processes needed to manufacture and distribute them effectively.
The prevalence of counterfeit products and the incidence of drug shortages have both become high profile issues. While the former is being addressed through global regulatory requirements for serialization, the latter requires a wider perspective, including a systematic approach to risk and better co-ordination of information across the supply chain.
At the same time there is continued cost pressure. Ongoing issues of patent expiration and price pressure from purchasers mandate a sharp focus on cost. Many healthcare and life science companies have streamlined their supply networks, increased efficiency and reduced inventory holdings. Now they find a need to accommodate these increased complexities, without compromising continuity of supply or increasing costs.
Matflo Health is a suite of configurable, integrated Matflo components specifically tailored for regulated healthcare and life sciences use, that manages the movement of finished goods from their point of manufacture to the patient. Our real time information systems provide the information needed to understand what is happening, as it happens, and co-ordinate effectively between the different parts of the supply chain.