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Why Smart Packaging is the Key to Business Success: Need for Smarter Packaging Solutions

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“Revolutionizing the Medical Supply Chain: Embracing Smart Packaging for Enhanced Security and Efficiency”

– The healthcare sector is experiencing a digital revolution with the adoption of embedded IoT technology, expected to reach a market value of $13.3 billion in the next two years.
– To address the challenges of complex logistics operations and ensure safety and transparency, companies must invest in digitalization technology, particularly smart packaging, to provide enhanced oversight and unlock valuable data.

In today’s connected global economy, medical and pharmaceutical businesses face unprecedented challenges. The increasing demand for medical supplies requires complex logistics operations, while maintaining the trust of end users, patients, regulators, and stakeholders is paramount. To overcome these challenges and create a stronger supply chain, embracing digitalization technology is essential.

One of the key areas where digitalization can greatly benefit the medical supply chain is through smart packaging integrated with IoT platforms. These smart solutions provide unprecedented visibility over the supply chain and unlock valuable data that was previously inaccessible. By digitally connecting assets and ensuring complete supply chain oversight, companies can have a comprehensive record of their products’ entire journey.

Schoeller Allibert packaging is specifically designed to meet the needs of the medical device sector. These secure, tamper-evident, and traceable products not only protect medical devices as they pass through the supply chain but also utilize data to benefit businesses. Many of their returnable transit packaging solutions can be equipped with integrated smart technology like RFID tags or IoT platforms, allowing for more efficient communication within the supply chain.

Additionally, Schoeller Allibert’s SmartLink platform creates a network of intelligent assets by connecting them using an LPWAN network. This end-to-end digital supply chain enabler provides visibility over shipment locations, temperature, and humidity data, ensuring product protection. It can also be integrated with ERP data to help ensure expiration dates and shelf lives are respected.

By embracing smart packaging and leveraging the power of IoT technology, companies in the medical sector can enhance security, efficiency, and transparency in their supply chains. This revolutionizing approach is crucial in meeting the demands of today’s globalized market and ensuring the safe delivery of medical products.

(Source: www.med-technews.com)

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