Jason Lacombe was invited to speak about Veratrak’s role in improving visibility, collaboration and data integrity across the pharmaceutical supply chain
On Thursday, October 24th, Veratrak’s Chief Executive Officer, Jason Lacombe, was invited to speak about how Veratrak is improving visibility, collaboration, and data integrity across the pharmaceutical supply chain; through working with a number of Contract Packaging Organisations (CPO’s) and their suppliers.
The goal of the session was to explore how novel technologies like blockchain are being used by Veratrak customers to reduce lead times, free up working capital, and provide improved visibility and compliance of batch document collaboration processes. Jason first provided the audience with a practical overview of blockchain and then discussed a customer case study.
Throughout the presentation, the audience shared their opinions on new technologies and how their organisations are beginning to explore digitisation. It was clear that organisations are currently sharing sensitive batch documentation using unsecure and non-collaborative channels, with the majority of information being exchanged over email. This has led to challenges with auditing suppliers, efficiently coordinating drug recalls, and in extreme cases, drug stock-outs.
Key takeaways from the session:
Veratrak is committed to solving these challenges. Get in touch to find out how we can improve collaboration, security, and visibility outside the walls of your business.
Who are we?
Veratrak's documentation management and collaboration platform allows Pharmaceutical Supply Chain companies to better collaborate, increasing security and efficiency. Our practical use of blockchain technology provides a rock solid audit trail of documentation handovers for our customers.