Friday, July 11, 2008

Utility of RFID in Health Care and Life Science Industry:

Utility of RFID in Health Care and Life Science Industry:


The Healthcare and Life Sciences (HLS) industry faces business challenges unlike those of other industries. While continuing to ensure that safe and effective drugs are available to patients and consumers, the industry is adapting to significant and far reaching changes. Business models, product mixes, and trading partner relationships are all being impacted by dynamic regulatory, economic, scientific, and demographic forces.
The HLS supply chain relies on many players to deliver critical products to the end consumer. The supply chain for HLS includes several players in addition to manufacturers, wholesalers and retailers. Other dispensing sources (such as hospitals), return logistics providers, product/compound sourcing, laboratories and clinical trial environments all play a part in development and distribution of drugs.
The increasing complexity of the supply chain is driving the need to capture, manage, share and act on whole new classes of supply chain information.

MS FILALI