There is a trio of buzzwords in the Drug Supply Chain and Security Act (DSCSA) that neatly describe how compliance is to be achieved: secure, electronic, and interoperable. The first two seem like fairly obvious and easy-to-meet standards. Our world is electronic, and—while nothing is ever 100% perfect—security has always
“Technology enabler” is one of those bits of industry jargon that is often misunderstood because it uses a word that we all know in a very different context. If your therapist tells you you’re an enabler, that connotes a problem you’ve got to dig into, a behavior of yours that
Over the past year, we’ve devoted a lot of space to covering the impact of the Drug Supply Chain and Security Act (DSCSA) across the entire pharmaceutical supply chain. We’ve covered the topic from a variety of angles, and we realize it’s a lot to digest. We thought it would
No matter where you find yourself on the pharmaceutical supply chain, it’s a sure bet that you will be regulated—and held accountable for any compliance issues. But what if you were held responsible for your trading partners’ issues, too? This is the worst-case scenario for when their licenses expire. But
Everyone in the pharmaceutical industry should be used to hearing the date November 27 by now. This year will be the eighth anniversary of the passage of the Drug Supply Chain and Security Act. While people aren’t exactly celebrating that, the date remains significant. The law was devised to phase
Today is National Swap Ideas Day. Observed annually on September 10th, this day encourages us to share creative and helpful ideas with someone and trade them for their thoughts in return. As a global pandemic continues to loom large, many businesses including Iptor continue to support a remote workforce. For
The word “leakage is never used to describe something good. For any business, the problem of revenue leakage is doubly unpleasant, both for what it means to the top and bottom line. It’s estimated that pharma companies lose roughly $15 billion every year through such leakage There are many sources
As a pharma distributor, compliance challenges are nothing new. In a high-stakes industry where your products affect the health and lives of millions of consumers, you are kept on strict controls. In addition to the numerous provisions of the DSCSA, you’re also responsible for complying with Suspicious Order Monitoring (SOM)
If you haven’t heard the word “blockchain,” you will soon enough. It’s the technology behind Non-Fungible Tokens (NFTs), which have been making a lot of news this year. Cryptocurrencies like Bitcoin rely on blockchain technology as a foundational measure of security, preventing theft or counterfeiting. It’s reliable and effective tech,
Regulatory compliance is a lot like a treasure map from an old pirate movie. You’ve got to follow the directions to the letter, a task made more difficult by the cryptic language that serves as your guide. Decipher everything correctly and you can reap an abundance of rewards. One false
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Iptor multiflex ERP covers all your day-to-day business processes. Get in touch with us and schedule a free consultation — no strings attached.
Iptor multiflex ERP covers all your day-to-day business processes. Get in touch with us and schedule a free tour — no strings attached. Our team will gladly provide you with a demo and show you how to get started!
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