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pharma logistics has never been as visible
and critical as it has been during this time.
Not only have market and industry players
recognised its importance but the gen-
eral public has also become more aware
of its significance.
"Simultaneously, all stakeholders
involved in these critical supply and trans-
portation chains have strengthened their
already close professional relationships.
This has allowed us to showcase our ca-
pabilities and excellence on a large scale.
Additionally, the pandemic has acted as
a catalyst for digitalisation, as it has in
almost all sectors. Projects and efforts to
digitise certain processes in the supply
chain have been accelerated.
"For us, this has been a reaffirmation
of the purpose we find in our work and
profession – connecting people and
improving lives."
AI and pharma transportation
Artificial intelligence (AI) is currently ap-
plied in forecasting to predict volume
trends and optimise staffing levels, says
Pharma logistics market seen at $183bn by 2032 Behnke of Swissport. "In the broader
industry, AI is enhancing risk assessments
The pharmaceutical logistics market is expected to increase from an estimated
value of $82 billion in 2023 to approximately $183 billion by 2032, according to and lane qualifications, aiding decisions in
an analysis by Adroit Market Research. packaging and logistics management."
Goba-Blé of UPS is very clear that it all
"Pharmaceutical logistics pertains to the expert handling and dissemination comes down to control and visibility, and
of pharmaceutical items, guaranteeing the secure and effective passage of
medical supplies from producers to final consumers who comprise healthcare it’s an area in which there is increased
practitioners, pharmacies and patients in the end. In order to ensure the focus. "We like to think of it as having
integrity and prompt delivery of medications while upholding strict quality a control tower overview of an entire
standards, it includes an extensive range of procedures, including inventory supply chain. By being able to aggregate
management, transportation, storage, and regulatory compliance. data across the entire supply chain —
inventory data in warehouses, inbound
"Due to the delicate and urgent nature of pharmaceutical products, the
pharmaceutical logistics market is essential to the global healthcare supply and outbound shipment data, tem-
chain. It tackles the particular difficulties involved in delivering drugs that are perature data, sustainability metrics and
sensitive to temperature, preserving product integrity, and adhering to several more, you can create a comprehensive
legal regulations. The globalisation of pharmaceutical supply chains, the rising data stream from pickup to delivery that
complexity of regulatory frameworks and the rising demand for healthcare makes your supply chain “smarter” and
services are the main factors driving the industry." by extension more resilient – especially if
one area is to go down.
"Within that, there are also advanced
swiftly adapted our services, shifting "This process was beneficial in trans- technologies like robotics, automated
from belly hold shipments on passenger porting over 20,000 tonnes of PPE and picking systems, and track-and-trace solu-
services to offering a comprehensive large quantities of sanitiser, ventilators and tions (like UPS Premier) playing a vital role
schedule of cargo-only flights. We Covid-19 testing kits as well as over 10 mil- as they help streamline order fulfilment,
launched brand-new charter services lion Covid vaccines via our dedicated cold reduce errors, increase efficiency, and
to provide further capacity to meet the chain product around the globe." ensure regulatory compliance.
increasing demand from customers. Logistics in general, and life science "In the future, we expect there to be a
To support this shift, we set up new and healthcare (LSH) logistics in particular, big focus on predictive analytics. It's not
dedicated charter teams to ensure goods have demonstrated remarkable resilience just about having data after the fact to
were being delivered safely, securely and during the pandemic, says Weiss of DHL solve past problems; it's about predicting
efficiently in times of great uncertainty. Global Forwarding. "In the past 100 years, behaviours and outcomes using AI. It can
www.stattimes.com | JULY 2024 9