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Pharma Smart Labeling Technology Reduces Go-to-Market & Product Information Replacement Timelines

Pharma Smart Labeling Technology Reduces Go-to-Market & Product Information Replacement Timelines Image Credit: kenny001/BigStockPhoto.com

Smart labeling is a cutting-edge technology for the pharmaceutical industry that makes it possible to include dynamic and interactive material in labels. Smart labeling helps to deliver real-time information and communication for life science and pharma organizations that make use of embedded sensors, displays, and connection technologies.

How to enable smart labeling from an IT perspective

The development of industry 4.0 technologies, such as artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT), will define the future landscape of efficient label content and planning management. Smart labeling technology delivers real-time data and insights, simplifying the management and updating of label information, and enhancing the supply chain's effectiveness. Additionally, there arediscussions indicating that incorporating blockchain technology to provide a platform for tracking and maintaining label information will mitigate tampering and make labels safer and more secure.

Smart labels are an innovative technology that, by giving real-time information about products and their movements, improves the pharmaceutical supply chain and saves lives. By utilizing contemporary technologies like RFID and NFC, they offer an improvement in the degree of visibility and traceability that conventional labeling techniques cannot match.

Benefits of smart labeling across the enterprise

The issue of analyzing global information and customizing it to fit local requirements has long been a barrier for label management. Labeling teams may now overcome these difficulties thanks to smart labeling technology by utilizing central management systems that automate design drafting and production of labels. This eliminates mistakes, saves time, and guarantees that the appropriate label is applied in each area.

Additionally, smart labels provide ecologically friendly solutions since they lessen paper waste by doing away with the requirement for physical labels and lower the supply chain's carbon footprint by increasing its effectiveness. For example, in Japan, the regulatory authority has officially implemented eLabeling to allow access to up-to-date labeling information. By lowering waste and enhancing safety, this helps not just the environment but also the economy and society.

The measures listed below can be taken to prepare and monitor label revisions for drugs and medical equipment:

  • Organize a process for managing label changes: Establish the policies and procedures for managing label changes, including who oversees examining and approving changes, how they are communicated and executed, and how they are documented.
  • Determine stakeholders: Determine the major players in the label modification process, such as the regulatory bodies, internal divisions, suppliers, and clients.
  • Identify the impacted labels: Analyze how label changes may impact label content affecting product safety, labeling precision, and legal compliance.
  • Transmit changes: All parties involved, including internal departments, suppliers, and customers, should be made fully aware of the changes.
  • Implement modifications: Carry out the adjustments in accordance with the established procedure, making sure to keep all parties involved informed of their progress.
  • Monitor modifications: Keep an eye out for any deviations or problems when label changes are made, particularly how they may affect consumer product safety and legal compliance.
  • Review and update the procedure: To guarantee the label change management procedure's efficiency and effectively, review and update it on a regular basis. Organizations may efficiently plan and monitor label updates for pharmaceuticals and medical devices by following these procedures. This will help them stay in compliance with laws and provide safe and effective goods.
  • Streamlining supply chain management: Smart labels assist with supply chain optimization, eliminating bottlenecks and delays, by giving real-time data and insights on product conditions and movements.
  • Enhancing visibility and traceability: Smart labels may offer a safe and visible record of a product's path from manufacture to consumption, facilitating speedy and precise tracking in the case of a recall or contamination.
  • Reducing waste: Smart labels can assist in avoiding waste and lower expenses related to product deterioration and returns by delivering real-time data on product conditions.
  • Real-time information: Smart labels may give customers access to information on products, dosage guidelines, and side effects in real-time, empowering them to make educated decisions and enhancing patient outcomes.

Supply chain management can be enhanced with smart label technology, such as RFID and NFC, which offers real-time information on product location, movement, and condition. This visibility throughout the whole supply chain lowers the possibility of mistakes.

By speeding procedures and eliminating the need for human data entry, the adoption of smart labels in healthcare can help lower healthcare provider (HCP) burnout. By ensuring that the appropriate substance is provided to the appropriate patient at the appropriate time, this technology can help increase patient safety.

Additionally, smart labels aid the environment by decreasing paper waste and lowering transportation's carbon footprint through improving supply chain management.

The application of smart label technology and the deployment of efficient label management can result in increased supply chain effectiveness, less HCP burnout, increased patient safety, and a more sustainable future.

The future of smart labeling in the life sciences industry

Overall, real-time data and insights, increased supply chain efficiency, improved product safety, and quality are all ways that smart labels are reducing the time it takes for pharmaceuticals to reach the market. A thorough strategy to develop, arrange, and maintain labels inside of an organization is necessary for effective label management. This entails standardizing label formats, adopting procedures to guarantee label correctness and consistency, and leveraging technology to automate label generation and printing processes.

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Author

Cham Williams is the Associate Director of Business Systems at IQVIA, responsible for designing products that help shape the next generation of RIM solutions. He has more than 20 years’ experience in the life sciences industry working globally for pharmaceutical, consulting and technology solutions companies. His expertise includes managing regulatory technology, business process optimization and systems planning and implementation.

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