The Cold Chain transportation experts at QProducts & Services present the 5 innovations you should include on your cold chain whiteboard for 2020-2030.
Our annual gathering of industry leaders at the Cold Chain Council for the Pharma & Chemical Industries took place October 1st, 2019 in Chicago, IL. As a result, attendees left armed with knowledge to help them strategically plan their cold chain operations for the next decade. Thus, there are many things going on socially, logistically, and environmentally to be aware of, from blockchain to medical drone deliveries.
In summary, here are the top 5 innovations to put on your cold chain whiteboard for 2020-2030:
Additional information and resources in regard to these technological innovations is below:
Drones
Drones that deliver blood and medical supplies are saving lives as they provide faster, efficient care by supplying medicine, pharmaceuticals, vaccines, and emergency medical equipment. Drone delivery has begun to disrupt both the transportation and pharmaceutical and medical industries as they allow improved access to medical supplies, especially in rural areas. Learn more about how drone delivery and drone technology is shaping the future of these industries. For further information on this topic, please visit the following resources:
- Drones in Healthcare
- What is Drone Delivery and How is it Changing the Pharmaceutical Supply Chain?
- Drones Delivering Medical Supplies and More Can Help Save American Lives
Blockchain
The pharmaceutical industry is actively exploring blockchain technology to help with the tracking and tracing of products, product provenance, and supply chain governance. Blockchain technology also provides the opportunity to decrease costs and increase transparency and trust during clinical trials. Blockchain technology could be a major solution to a $450 billion U.S. industry. Read more about how blockchain is revolutionizing the pharmaceutical and medical industry. For further information on this topic, please visit the following resources:
- How Blockchain Will Revolutionize the Pharmaceutical Industry
- Pharma Meets Blockchain – Solution to $450 Billion U.S. Industry
- Five Use Cases for Blockchain in Pharma
Augmented Reality (AR)
Augmented reality holds the ability to visualize production processes, which could help to improve pharmaceutical manufacturing. However, the value of augmented reality not only lies in manufacturing, but in patient outcomes as well. Augmented reality is now being used to help reduce patient pain and anxiety levels in patients without the need for additional medication. Learn more about how augmented reality is transforming these industries. For further information on this topic, please visit the following resources:
- The Future is Mixed Reality: Augmented Reality Put to Work on Manufacturing
- 8 Benefits of Virtual Reality in the Pharmaceutical Industry
- Augmented Reality in Healthcare Will Be Revolutionary
IoT – Internet of Things
The pharmaceutical and medical industry is perfectly positioned to benefit from IoT, or the Internet of Things. The data collected can have a significant impact on the production and administration of pharmaceuticals, while helping to smooth logistics, eradicate recalls, and improve operational efficiency. Learn more about the IoT and its impact on pharmaceutical and medical. For further information on this topic, please visit the following resources:
- How is IoT Transforming the Pharmaceutical Industry?
- How Can the Pharmaceutical Industry Benefit from the IoT?
- How IoT is Revolutionizing the Pharma Industry
QProducts & Services extends their gratitude to the many industry experts that spoke at our event.
Together, our speakers educated attendees on how to best leverage the latest innovations for their 2020-2030 cold chain operations.