Blog Post

The Power Behind Active Asset Tracking Solutions Improving the Standards of Traceability

Adapt Ideations • Oct 06, 2022

What Is An Active Asset Tracking Solution?

An active asset tracking solution can be defined as a near real-time monitoring solution whereby data is received and then transmitted to a secured cloud portal. The asset tracker enables this by different types of networks such as cellular or Wi-Fi which is dependent on the capabilities of the device in order to send the data wirelessly without the need for intervention.

Predominantly, industries that utilise passive data loggers are beginning to move away from these types of solutions due to greater capabilities of connected asset tracking solutions, sustainability offerings and low cost of implementation.

Current Challenges Experienced Due To The Use Of Passive Data Loggers Today

While the exact challenges experienced will largely depend on the solution that is utilised, this can change rapidly due to advancements in technology. The below are some common challenges that can occur. Passive data loggers can lead to siloed data between stakeholders across the supply chain whether that be receiving raw materials, manufacturing, storing finished products or throughout distribution.

This often occurs as data from passive solutions cannot be viewed until the USB of the device is inserted in a computer to obtain the data. This is dependent on the end receiver inserting the device once the trip is completed, in some cases the data may become available via a server to other concerned stakeholders however data sharing capabilities can be manual and limited.

One of the most common challenges experienced is the ability to only discover violations after the trip has been completed and the USB from the device is inserted to retrieve the report. The only other way that violations are visible is from the front of the device which requires someone to physically check the device. This is not necessarily possible when the device itself will often physically be packed inside the box to ensure accurate temperature of the consignment is monitored rather than the outside temperature.

This not only leads to greater difficulty of pinpointing what may have triggered violations and when they have occurred in turn leading to delayed decision making. Not to mention the end result when products are then no longer viable for use, the product then has to be sent back resulting in higher emissions and costs associated with re-distributing the product altogether.

Some challenges that can occur with perishable goods include piercing of packaging, tempering, cold chain breaches and mishandling of products resulting in them no longer being able to be sold and inferior quality due to presentation of product. Thereby utilising active asset tracking solutions can allow intervention to occur at the earliest possible time resulting in lower product damage and waste.

Slide title

Write your caption here

Button

How Are Active Asset Tracking Solutions Improving Standards Of Traceability For Perishable Products?

There are many benefits of utilising active asset tracking solutions to improve traceability throughout the supply chain particularly throughout distribution. Near real-time asset trackers allow products to be located at any point of time enabling cold chain logistics companies and their clients to have a greater understanding of vital metrics on their products. By receiving near real-time alerts based on set parameters this enables stakeholders to easily identify if products have remained compliant even before the product has reached its final destination. This enables early intervention to occur when parameters are broken leading to reduced product damage.

An active asset tracking device is simply only one part to the complete solution, with dashboard access playing an important role in how data can be viewed. Technology is continuously being improved so much so that multiple stakeholders can receive alerts while at the same time different access levels can be determined enabling stakeholders to only receive the data which is necessary to them. The value lies within the data itself allowing for greater analysis and ability to identify trends leading to improvements of current processes throughout the supply chain.

Greater transparency can be facilitated with active asset tracking devices on a regional and global scale with a number of solutions today being able to be used globally. This enables the same solution to be utilised across borders and simplifies traceability for all parties involved. Active solutions enable greater traceability due to near real-time notifications helping to reduce contaminated and spoiled products making it to the end client and helps to easily identify what products have been affected. This aligns closely with greater sustainability efforts by reducing damage and waste of products due to proactive action that can be taken.

IoT enabled solutions can feature a number of capabilities including location tracking, temperature & humidity monitoring, tampering detection, automatic flight mode and even geofencing. This works to improve current traceability processes in place allowing stakeholders to understand when & where products arrive, the condition and how products have been handled throughout. This is of significance when companies want to take proactive steps to make changes to current processes, improve sustainable practices and ensure products remain 100% compliant throughout the supply chain. With continued regulations set out by government bodies and associated departments globally, active asset tracking solutions are assisting companies to securely track pharmaceutical consignments and other perishable products. Essentially the regulations and compliance measures set by government bodies are helping to facilitate a set standard globally for tracking temperature-sensitive products to make sure they remain safe for use.

By utilising active tracking solutions, visibility can significantly be enhanced throughout operations. Furthering this many companies have implemented the notion of control towers which acts as an all in one comprehensive solution for their clients furthering benefits of implementing such solutions allowing greater control and proactive measures to take place. Utilising near real-time data not only allows for decisions to be backed by data but for greater agile actions to take place when disruptions occur. Implementing active asset tracking solutions ultimately digitalises supply chains and creates a connected ecosystem allowing all stakeholders whether this be internal or external have greater oversight of vital metrics surrounding products and their movements allowing for a more intelligent supply chain to be developed. With the cold chain making up a significant portion of food supply chains, projected to be worth USD $340.3 billion by 2025 consider the power that data can unlock for this segment of the cold chain alone.

Slide title

Write your caption here

Button

Bringing Active Asset Tracking Solutions To Market.

Adapt Ideations has innovated a range of innovative active asset tracking solutions for the global market. Along with our ecosystem partner Intellistride we are bringing our asset tracking solutions to the South East Asian market. Our strong sense of partnership has fostered a collaborative approach to the market allowing us to jointly take the cold chain sector from passive data loggers to innovative asset tracking solutions within the region.

Enquire to find out more about our innovative solutions and how they can be utilised at enquiries@adaptideations.com

< Older Post Newer Post >

Start Your Journey >

Powerful and reliable, asset tracking and monitoring solutions.

Innovative monitoring solutions for high-value & temperature-sensitive assets.

KELVIN

Real-Time Temperature Data Loggers
Button
PIXEL

Cold Storage Monitoring Data Loggers
Button

Share Our Post.

Awards & Recognition

A silver laurel wreath with the words india biologics and vaccines awards 2022 written inside of it.

Best Temperature Monitoring Solution Provider

Awarded by India Biologics & Vaccines Outstanding Industry Awards 2022

A silver leader recognition badge with a star and laurel wreath.

Adapt Ideations Recognised As A Supply Chain Leader

by Alcott Global on Supplify's Supply Chain Tech Map 2.0

Technology Excellence in Cold Chain

Awarded at the 15th ELSC Leadership Awards

elscconclave.com

Related Articles.

Mitigating Supply Chain Disruptions: Lessons from Global Events

05 Nov, 2024

Unlock the secrets to resilient supply chains amid global disruptions. Explore real-time solutions with Adapt Ideations for efficiency, compliance, and security.

Ensuring Vaccine Integrity with Active Track & Trace Solutions

10 Oct, 2024

The global landscape of healthcare is evolving rapidly, with vaccines playing a pivotal role in preventing and mitigating diseases. The World Health Organization (WHO) underscores the critical need for vaccines to be stored and transported at specific temperatures to ensure their efficacy and safety. The COVID-19 pandemic has underscored the fragility of global vaccine distribution, emphasizing the importance of maintaining the cold chain during transportation and storage. Importance of Cold Chain in Vaccine Distribution The efficacy of vaccines is intricately linked to the maintenance of the cold chain. The global cold chain packaging market is projected to grow at a substantial CAGR of 14.8% from 2023 to 2033, driven by the escalating demand for temperature-controlled packaging solutions, especially in the pharmaceutical industry. This growth is indicative of the increasing recognition of the significance of the cold chain in preserving the efficacy of vaccines. The Role of Active Track & Trace Solutions Amid the challenges posed by maintaining the cold chain, the emergence of the active track and trace solutions has become a game-changer in ensuring the integrity of vaccines. 1. Real-Time Monitoring for Vaccine Integrity Active track and trace solutions provide real-time monitoring, offering a dynamic and immediate response to deviations from the recommended conditions. This capability is instrumental in preventing temperature excursions that could compromise the quality of vaccines during transportation and storage. 2. Automated Alerts for Swift Intervention One of the key benefits of active track and trace solutions is their ability to generate automated alerts. In the event of any deviations from the optimal temperature and other vital conditions, stakeholders receive instant notifications. This swift intervention minimizes the risk of vaccine wastage and ensures that corrective measures are taken promptly. 3. Data Analytics Enhancing Decision-Making Beyond real-time monitoring and alerts, active track and trace solutions contribute to data analytics. The integration of analytics provides valuable insights into the performance of the cold chain. Decision makers can leverage this data to optimize supply chain processes, further enhancing the efficiency of vaccine distribution systems. Challenges in Vaccine Tracking The pharmaceutical industry faces unique challenges in tracking and distributing vaccines, especially in the wake of global health crises like the COVID-19 pandemic. 1. Increased Demand and Market Growth The global vaccine market is expected to grow at a CAGR of 5.74% from 2024 to 2030, fueled by the escalating demand for vaccines worldwide. The Asia-Pacific region, with its rapidly growing market, is at the forefront of this expansion. The surge in demand poses challenges in efficiently meeting the needs of diverse populations. 2. Vaccine Distribution Challenges The COVID-19 pandemic had triggered a surge in demand for vaccines globally, highlighting the need for efficient and effective distribution systems. Advanced technologies, including active track and trace solutions, play a pivotal role in overcoming the challenges posed by increased demand and ensuring a seamless distribution process. The Intersection of Technology and Vaccine Distribution To overcome the challenges of vaccine tracking and distribution, the pharmaceutical industry is increasingly turning to advanced technologies. 1. Blockchain and AI for Enhanced Efficiency and Security The utilization of technologies such as blockchain and artificial intelligence (AI) holds great promise in improving the efficiency and security of vaccine distribution systems. Blockchain, with its tamper-proof ledger, enhances supply chain security. AI, on the other hand, analyzes vast datasets, providing insights that can be utilized to optimize supply chain operations. 2. Global Cold Chain Logistics Market Growth The global cold chain logistics market is projected to grow at a significant CAGR of 15.1% from 2021 to 2028, emphasizing the increasing demand for temperature-controlled logistics solutions. This growth further underscores the need for advanced technologies to ensure the integrity of temperature-sensitive products, with active track and trace solutions at the forefront. Maersk's Perspective on Cold Chain Logistics Maersk's whitepaper on the state of cold chain logistics provides insights into the pressing need for advanced technology adoption in the global supply chain. 1. Technology Enhancement Goals With 75% of the global supply chain seeking more technological enhancements by 2026, the demand for IoT solutions, including active track and trace solutions, is becoming more critical. Maersk emphasizes the need for a technological revolution to address the challenges posed by the increasing complexity of the global supply chain. 2. Roadblocks: Personnel and Change Management While the benefits of IoT technology are evident, roadblocks such as personnel and change management hinder the full-scale adoption of these technologies. Overcoming these challenges requires a strategic approach to training and organizational change, ensuring seamless integration into existing supply chain processes. Digital Transformation in Pharma Supply Chain The pharmaceutical industry is undergoing a significant transformation, driven by the need for a more resilient and agile supply chain. 1. Supply Chain Challenges and Opportunities The pharmaceutical industry faces numerous challenges in optimizing its supply chain processes. These challenges include counterfeit drugs, lack of visibility, product recalls, supply chain disruptions, complex inventory management, data security, and stakeholder collaboration. However, amidst these challenges lie numerous opportunities for improvement through digital transformation. 2. Opportunities Unveiled by Digital Transformation Digital transformation offers the pharmaceutical sector multiple opportunities to enhance its supply chain. Technologies such as IoT, blockchain, and AI can revolutionize the industry. a. Enhanced Visibility Through IoT Digital technologies such as IoT provide real-time visibility into the entire supply chain, enabling greater transparency and accountability. This is particularly crucial in ensuring the integrity of temperature-sensitive products like vaccines. b. Reduced Lead Times and Improved Quality Control By automating and streamlining repetitive processes, digital technologies can significantly reduce lead times, resulting in faster product delivery and increased customer satisfaction. AI and machine learning can enhance quality control by analyzing large datasets, identifying patterns, and enabling proactive quality management. c. Cost Savings and Sustainability Digital transformation can result in significant cost savings for pharmaceutical companies by reducing waste, improving inventory management, and optimizing processes. This is crucial for ensuring the profitability and sustainability of the industry.

The Future Of Smart Warehousing: 9 Global Trends & Innovations

11 Sep, 2024

Explore the future of smart warehousing with real-time visibility trends and innovations. Unlock efficiency and sustainability with Adapt Ideations' KELVIN range of solutions.

Partnering For Regional Manufacturing Support

14 Aug, 2024

Overview After experiencing multiple lockdowns and restrictions globally during the pandemic Adapt Ideations saw a clear answer to overcoming challenges such as manufacturing delays or orders requiring a quick turnaround. This led the company to identify regional manufacturing support that could be utilized to meet these necessary requirements. Adapt Ideations turned to Circuitwise , a local Australian manufacturing company to diversify our manufacturing. Problem A significant takeaway from the global pandemic highlighted the need for regional manufacturing support due to prior reliance on international manufacturers. Not only were periodic delays experienced, but turnaround times between product testing and challenges with global logistics to our regional hubs were felt throughout the pandemic. This led Adapt Ideations to seek regional manufacturing support in order to combat future challenges experienced from solely relying on overseas based suppliers for manufacturing our products. Regional support can also be utilized for smaller orders or when a quick turnaround is essential for orders placed. In most cases our clients have a significant number of devices in circulation at any point of time. An important aspect of the devices in circulation is managing them effectively particularly over a number of different sites. In order to achieve this, Adapt Ideations provides customers the ability to use mass charging boards in which a number of devices can be charged at the same time without individually having to connect each device to a USB cable and subsequently into a power socket to charge. Solution In a company first, Adapt Ideations partnered with Circuitwise , a local Australian manufacturing company to meet the requirements of an order for mass chargers that needed to be fast tracked. With Adapt Ideations largely working with clients who handle cold chain products that are often highly regulated, partnering with a supplier who maintains a high level of reliability & safety standards and has demonstrated experience working with similar industries is paramount to ensure consistent high standards are maintained. The benefits of partnering with a regional manufacturing supplier can be measured on a number of metrics such as experiencing a quicker turnaround to better meet the needs of our clients when required, eliminating the need for globally importing products and cost savings associated with smaller orders placed. Future After the first successful project working alongside Circuitwise, Adapt Ideations hopes to expand the partnership and work with Circuitwise on a number of future projects. Their commitment to high quality standards and collaborative approach has been fundamental in supporting us throughout our first project with Circuitwise. “Increasing supply chain resilience post pandemic has been a significant focus area for Adapt Ideations. Our collaboration with Circuitwise provides a strategic assurance to our ANZ supply network while supporting the drive to promote manufacturing in Australia. We look forward to more exciting projects in the coming days.” - Anirban Gupta Co-Founder and Director, Adapt Ideations Circuitwise CEO Serena Ross said she was pleased to see another company realize the benefits of manufacturing in Australia, particularly for small to medium-sized production runs. “There are many good reasons for manufacturing in Australia ,” Serena said, “including speed and reliability, responsiveness, ease of communication, reduced tariffs and intellectual property protection.”

Global Trends In Cold Chain Packaging: Ensuring Product Integrity

26 Jun, 2024

Explore global trends in cold chain packaging, ensuring product integrity. Discover innovative solutions with Adapt Ideations for real-time visibility and sustainable logistics.

Innovations in Temperature-Controlled Logistics: A Global Perspective

02 May, 2024

Temperature-controlled logistics is a crucial aspect of global supply chains, particularly in the pharmaceutical industry. Maintaining the correct temperature during transportation is not just a logistical issue but also a critical factor in ensuring the safety and efficacy of life-saving vaccines and other temperature-sensitive products. As the demand for temperature-sensitive products like vaccines and biologics continues to surge, ensuring their safe transportation is paramount. Any deviation in temperature during transit can compromise the efficacy of these products, leading to significant financial losses and potential health risks. This blog delves into the evolution of temperature-controlled logistics, critical challenges faced in this sector, and groundbreaking innovations that address these challenges. With a focus on real-time monitoring through IoT solutions, we aim to showcase the advancements that contribute to the efficiency and compliance of global pharmaceutical supply chains. Evolution of Temperature-Controlled Logistics Temperature control has undergone a remarkable transformation in the last two decades. Stringent global regulations, customer demand for new temperature ranges, emerging markets with extreme temperatures, and the growing value of drugs like biologics have been essential driving forces. These factors have spurred the evolution of temperature-controlled logistics to meet the demands of a rapidly changing world. The landscape of temperature-controlled logistics is evolving, thanks to technological advancements. Trends include the growing availability of prequalified shippers simplifying the validation process, sophisticated supply chain services, a rising interest in reusable packaging, and advances in temperature-monitoring technology. These innovations contribute to the industry's ability to adapt and thrive in a dynamic environment. Temperature-controlled logistics involves managing the flow of products through a cold chain. Divided into food and pharmaceutical sectors, the global market size of cold chain logistics is projected to grow significantly. From USD 242.39 billion in 2021 to USD 647.47 billion by 2028, exhibiting a CAGR of 15.1%, the industry is expanding rapidly, reflecting its critical role in modern commerce. 3 Key Challenges in Temperature-Controlled Logistics Compliance Issues Stringent Regulatory Standards: Global temperature-controlled logistics operates within a framework of strict regulations set by health and safety authorities. Meeting diverse regulatory requirements across international borders poses a significant challenge for companies in this sector. Documentation & Reporting: Compliance involves meticulous documentation and reporting of temperature-sensitive shipments. Keeping up with the evolving documentation standards requires streamlined processes and robust systems. Validation & Qualification: Ensuring the validation and qualification of equipment and processes according to regulatory standards is an ongoing challenge. The need for continuous validation adds complexity and time constraints to logistics operations. Risks of Temperature Deviations Product Integrity: Temperature-sensitive products, especially pharmaceuticals and biologics, are highly susceptible to temperature deviations. Even brief exposure to temperature breaches during transit can compromise the integrity and efficacy of these products. Financial Implications: Temperature deviations can lead to significant financial losses for companies. Replacing or disposing of compromised products and potential legal repercussions contribute to financial challenges. Supply Chain Disruptions: Temperature deviations can disrupt the entire supply chain, leading to delays in product availability. This not only affects businesses but can have critical implications for healthcare providers and patients relying on timely access to medications. Security & Theft Concerns Value of Cargo: Temperature-sensitive cargo, such as pharmaceuticals, vaccines, and high-value perishable goods, can become a target for theft. The significant value of these products heightens security concerns throughout the supply chain. Vulnerability During Transit: The vulnerability of cargo during transit, particularly in unsecured areas, poses a constant risk. The potential for theft during transportation adds complexity to securing temperature-controlled shipments. Need for Tracking & Monitoring: Ensuring the security of temperature-sensitive cargo requires robust tracking and monitoring systems. Integrating security features, such as real-time location tracking and tamper-evident technologies, is essential to mitigate theft risks. In navigating the intricate landscape of temperature-controlled logistics, companies must address these multifaceted challenges to uphold compliance, safeguard product integrity, and ensure the security of valuable shipments. Innovative solutions, such as advanced monitoring technologies and comprehensive security measures, are crucial in overcoming these challenges and fostering a resilient and efficient supply chain.