Сompliance with new regulatory requirements is a big challenge for pharmaceutical companies.
Beyond the European Union, Russia, UAE, Saudi Arabia, and the USA, over 30 countries have already embraced or are in the process of initiating serialization and traceability.
Pharma serialization is not just a trend, it is an evolving global standard.
When serialization requirements are introduced in a country, pharmaceutical companies face many challenges, for example:
Challenges
Understanding New Regulations
Each country's serialization requirements can be intricate and unique. Grasping the specifics and nuances of these regulations can be daunting for pharmaceutical companies, especially if the legislation is dense or lacks clarity.
Adapting Existing IT Systems
Incorporating serialization processes often necessitates significant modifications to existing IT systems or the adoption of entirely new systems. Ensuring these systems communicate effectively and maintain data integrity can be complex.
High Implementation Costs
The initial investment required for serialization – including hardware, software, training, and potential line modifications – can be substantial, posing financial challenges especially for smaller companies.
Training and Skill Development
Existing staff may not be familiar with serialization processes, requiring comprehensive training programs to ensure that employees understand and can execute their roles efficiently.
High Implementation Costs
The initial investment required for serialization – including hardware, software, training, and potential line modifications – can be substantial, posing financial challenges especially for smaller companies.
Operational Disruptions
The incorporation of serialization processes can disrupt standard manufacturing and packaging operations. Production might slow down initially as serialization steps are integrated.
Data Management Challenges
Serialization generates a large volume of data that needs to be stored, managed, and possibly shared with regulators or partners. Handling this data securely and efficiently is crucial.
Supply Chain Modifications
Serialization can affect the entire supply chain, from manufacturing to distribution. Aligning all entities in the supply chain to ensure end-to-end traceability can be a significant undertaking.
Lack of Internal Expertise
Companies might not have experts on staff familiar with serialization, leading to a reliance on external consultants or vendors, which can be costly and might not always align with the company's specific needs.
Ensuring Third-party Compliance
If a company uses third-party manufacturers, distributors, or partners, ensuring these entities also comply with serialization requirements becomes crucial, adding another layer of complexity.
Continuous Regulatory Monitoring
Regulations can evolve, requiring companies to stay updated on any changes to ensure ongoing compliance.
Verification and Validation
Once systems are in place, they need to be thoroughly tested and validated to ensure they work correctly and consistently, which can be a time-consuming process.
The Reason why they face these challenges
Lack of expertise in implementing the serialization compliance projects
The change you need
Dive in from the start and understand the basics of serialization to get ready:
01
What the project сonsists of
02
How to plan the project
03
How to choose a supplier
04
How to manage typical risks
05
How to assess readiness for launch
Who we are
Learn from experts – Utrace is a Pioneer in Serialization
is to leverage track and trace technologies to help companies confidently navigate an ever-changing environment and gain benefits by increasing supply chain transparency, and consumer engagement in a sustainable way.
50+
Clients
100+
team members
100%
clients recommend us
In experts we trust
Arif Gadzhiev
Sustainability and Traceability Projects Director
Arjun Guhathakurta
Arjun Guhathakurta Life Science Director – Operations Convalgroup Company
Konstantin Ivanov
CEO Utrace Solutions
Madan Joshi
Director- Strategic Business Development Convalgroup Company
Vasily Savin
Consulting Director
We are internationally recommended
We know how it works!
Utrace has been at the forefront of over 50 implementation projects in prominent pharmaceutical and FMCG companies.
What to do?
Invest in Knowledge
Еmpower your team, ensure compliance, and lead with confidence in the world of serialization!
Workshops for Beginners
Workshops for Advanced Learners
We define and train the project team that will deal with Serialization.
Together, we will thoroughly review the journey:
We dissect specific challenges faced by your project team.
Examples:
✦ Understand what Serialization is – the main terms, etc.
✦ Launching aggregation and the complexities of interaction with upstream and downstream partners.
✦ What the project consists of
✦ Starting Serialization in new – how to reuse existing technologies and experience and quickly adapt to new regulatory requirements.
✦ How to plan the project
✦ Recommendations on the supplier – how to choose the propriate solution.