Markets
High Value / High Risk
Pharma
The costs associated with the loss of pharmaceutical cargos are a particular point-of-pain for pharmaceutical companies. Preventing these losses goes beyond ensuring high-value cargo is not stolen. When employing the GeoLok, pharmaceutical companies can gain a secure chain-of-custody, ensure product integrity, while providing protection to the consumer and their own brand name. The TrakLok solution also gives pharmaceutical companies real-time and in-the-moment visibility and monitoring capabilities while providing operational improvements in the transport of health care products.
Millions of dollars worth pharmaceutical drugs have been lost to cargo theft, while billions are lost to counterfeit medications being smuggled inside cargoes. By employing the TrakLok solution, pharmaceutical companies can rest easy knowing that their cargos are protected by the hardened physical security and the superior monitoring capabilities provided by the GeoLok.
TrakLok's technologies provide a time-definite and controlled chain of custody that will help adopters improve product integrity. To ensure the chain of custody of a shipment, the GeoLokTM provides visibility into the movement and custody of a pharmaceutical cargo as the container moves along it route, a record of its location and ownership is captured in real-time.
With the GeoLok communicating with the TrakLogTM, shipment monitoring enables improved product safety, ensuring product authenticity, and protection of a client's brand name.
The GeoLok can prevent the loss of pharmaceutical products that thieves attempt to sell and re-introduce back into the legitimate supply chain through the "gray market."
Even if a stolen container of drugs are recovered, pharmaceutical companies don't want to assume the liability and typically, end up destroying these products because of the lost chain of custody. TrakLok's technology solutions track shipments from end-to-end to ensure protection of a brand's products and reduce risk associated with cargoes that can be tampered with.
Global visibility and tracking – The GeoLokTM and TrakLogTM combined service provides real-time tracking via satellite, cellular, and wireless mesh technologies for an unrivaled asset visibility system. The TrakLok solution provides real-time updates on transit and inventory information for your ERP systems improving the management and storage of container assets.
The GeoLokTM can supply historical data as a means to visualize how to move containers through the logistics system in a more effective, faster, reliable and dependable manner. This data can also benefit companies in improving carrier and 3PL performance metrics. Companies can also realize carrying cost reductions through the visibility of shipment planning, movements and delivery.
11020 Solway School Road, Suite 111, Knoxville Tennessee 37931 - Ph: (865) 927-4911 - Toll Free Ph: (855) -TrakLok - Toll Free Fax: (877) 497-8260