From Plant to Patient: Study on SAP Advanced Track and Trace Solution for the Life Science Industry |
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| © 2023 by IJCTT Journal | ||
| Volume-71 Issue-4 |
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| Year of Publication : 2023 | ||
| Authors : Bidyut Sarkar, Ravi Dave | ||
| DOI : 10.14445/22312803/IJCTT-V71I4P107 | ||
How to Cite?
Bidyut Sarkar, Ravi Dave, "From Plant to Patient: Study on SAP Advanced Track and Trace Solution for the Life Science Industry," International Journal of Computer Trends and Technology, vol. 71, no. 4, pp. 53-61, 2023. Crossref, https://doi.org/10.14445/22312803/IJCTT-V71I4P107
Abstract
Counterfeit drugs have become a significant challenge in the pharmaceutical industry, causing harm to patients, damaging the reputation of pharmaceutical companies, and costing the global economy billions of dollars. This paper offers insight into the pharmaceutical industry's challenges of counterfeit drugs and studies SAP Advanced Track and Trace solutions to combating this problem.
This article describes the benefits and 360-degree analysis of SAP Advanced Track and Trace solution, including compliance with regulatory requirements, improved supply chain efficiency, and patient safety. It also highlights the challenges pharma companies may face when implementing this solution, such as integration, cost, complexity, data security, privacy, and regulatory compliance. Finally, this paper offers several ways to overcome these challenges.
Keywords
Counterfeit drug, Track and Trace, Digital Transformation, Life Science, Pharmaceutical Industry, SAP S/4HANA.
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