COLD CHAIN

Cold Chain

Challenges associated with cold chain logistics cause $35 billion in waste annually.

(Source: IQVIA Institute of Human Data Science)

Cold chain logistics is utilized globally to distribute temperature-sensitive goods such as pharmaceuticals and perishable foods. Often, these assets are high-value and require stringent care and monitoring processes to be undertaken during the entire logistics journey.

The global cold chain logistics market was valued at $221.85 billion in 2020 and is expected to reach $647.47 billion by 2028, increasing at a CAGR of 15.1%. The primary factors driving market growth are the increase in global trade and the rise in demand within the pharmaceutical industry & perishable commodities. However, companies within the sector can face many challenges including lack of visibility, non-compliance with product storage & transportation requirements and temperature breaches.

Compliance Requirements Of The Cold Chain Logistics Industry.

The cold chain logistics sector has different compliance standards based on the region, where products are being transported in the supply chain, and the type of product. The Good Distribution Practice (GDP) guidelines for medicines and the Hazard Analysis and Critical Control Points (HACCP) for food safety are only two examples of common laws and regulations that businesses must follow. Companies must also follow industry-specific cold chain management standards for the handling, storage, and transportation of temperature-sensitive items in addition to adhering to customs and border control regulations.

Challenges That The Cold Chain Logistics

Industry Faces.

There are several obstacles the cold chain logistics sector must overcome.

Some of the most common challenges include:

Cold Chain Breaches

Temperature-sensitive products can lose their effectiveness and lead to damage and waste if they are exposed to different conditions than required.

Lack of Visibility

Visibility across all stakeholders is necessary for a greater understanding of how products are handled and the conditions they are exposed to. In addition, the data can be used for better decision making and enable companies to make operational improvements.

Tampering

In some cases, temperature-sensitive goods may also be deemed as high-value. This can lead to a higher risk associated with tampering with products or theft.

Compliance Challenges

Cold chain compliance can often be complex with various requirements based on where products are being distributed, the type of product and product-specific handling requirements.

How To Overcome These Challenges?

Companies can invest in cold chain technology and implement industry best practices to enhance the management and tracking of temperature-sensitive items in the supply chain to overcome the challenges the cold chain logistics sector faces. For example, companies can use Adapt Ideations’ temperature data loggers to track the temperature and other vital data of goods during transportation. Companies can also implement sustainable practices to cut waste and enhance the industry's environmental impact.

The transparency that businesses have will improve with the implementation of dependable asset tracking and monitoring systems. Additionally, this makes it possible for more stakeholders in the cold chain to participate in the chain of custody and be able to access data as necessary. Solutions for asset tracking and monitoring gather important data that can be used to determine whether regulations and compliance measures have been satisfied.

How ADAPT Can Help

As a leading expert in the monitoring of cold chain products, we understand that it can be a challenge to transport perishable goods such as fruit, meat, and beverages to their destinations while ensuring their freshness in the supply chain. That's why we offer solutions designed to address your cold chain needs. Our global monitoring solutions expertise helps to transport your goods reliably and efficiently from their point of origin to their final destination.

Our Cold Chain Solutions are built on our comprehensive data logging and asset tracking offerings, which means we can provide full visibility for your temperature-sensitive items like perishable goods. This approach provides you with the simplicity and predictability you need to transport your goods with confidence. But that's not all. We focus on reducing risk along the way in the cold chain by providing real-time monitoring and tracking of your goods. This ensures that your perishables are in optimal condition throughout the entire journey, providing peace of mind for both you and your customers.

Partnering with us means you gain access to our team of cold chain professionals who can ensure you have access to the data you need. Whether you need to transport meat from South America to Europe, sell fruit in Asia, or ensure the freshness of your wine during the cold chain, we have the expertise and experience to meet your specific cold chain requirements and monitoring needs. Partner with us today and experience the difference our cold chain management solutions can make for your business.

Real-Time Location Tracking.

Asset tracking solutions can enable real-time location tracking ensuring you always know where your assets are whether in the warehouse, in transit, or arrived at their final destination. Our advanced system provides accurate and up-to-date information on the location of your assets, and you can access this information from the convenience of your computer or mobile device. With this level of visibility, you can make informed decisions and re-strategize to optimize your business operations in the cold chain.

A truck is sitting on top of a cell phone surrounded by boxes.

A laptop computer with a graph on the screen.

Temperature Detection.

Temperature detection is a core feature of our data loggers and enables companies to monitor temperature-sensitive assets consistently. Our unparalleled expertise and cutting-edge technology allow us to provide temperature monitoring solutions that are accurate, reliable, and consistent for the cold chain industry.

Real-Time Alerts.

When deviations from set parameters occur, an instant alert will be sent to notify concerned parties enabling necessary action to be taken helping to optimise your cold chain operations. With our real-time alerts, you can be rest assured that your products are in the best possible hands.