Innovative RFID technology helps Bayer revolutionise its pharmaceutical supply chain
Author : Francesco Fantoni Guerci | CEO | Murata ID Solutions
01 December 2020
Murata’s RFID technology helps Bayer revolutionise transparency of its pharmaceutical supply chain_580x280
In order to remain competitive & drive new efficiencies in an ever-changing business environment, companies in the pharmaceutical sector are increasingly looking at ways to harness new technologies – including those of the IoT – to add value to operations.
The full version of this article was originally featured in EPDT's IoT & Industry 4.0 supplement, included in the December 2020 issue of EPDT magazine [read the digital issue]. Sign up to receive your own copy each month.
In this case study, Francesco Fantoni Guerci, CEO at provider of integrated RFID solutions to automate logistics & supply chain processes, Murata ID Solutions explains how forward-thinking companies are embracing IoT technologies and a data-driven approach to drive performance and introduce new efficiencies from manufacturing through to supply chain.
Bayer S.p.A, an Italian division of the global life sciences giant, Bayer AG specialises in manufacturing pharmaceutical products for the Italian market, serving over 17,000 customers. To enable this, the company has an extensive supply chain, comprising of many different logistics and transportation partners. Murata ID Solutions provides turnkey RFID and IoT (Internet of Things) solutions that enable companies to automatically collect raw data from the field and turn it into valuable insights to gain real-time open supply chain visibility.
The limited visibility of its distribution processes was an issue for Bayer. Operators at the company received a daily report on which shipments had left the logistics service provider’s (LSP) warehouses and which had been received by customers. But they could not track these deliveries in real time, and nor did they have visibility of the shipments’ transit through transportation hubs and subsidiaries. Without being able to monitor the progress of individual packages throughout the supply chain, potential issues, such as missing or damaged products, were only uncovered once the customer received the shipment. At that point, taking corrective action was difficult and resulted in unnecessary costs and further delays to service.
To achieve better control over its supply chain and deliver improved value and service to its customers, Bayer looked for a solution that would enable the company to gain full and real-time visibility of all distribution operations. It turned to Murata ID Solutions, which proposed a solution built around radio-frequency identification (RFID) technology.
Read the full article in EPDT's December 2020 issue...
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