New & Noteworthy

July 2024

Supply Chain Management

TraceLink Inc

TraceLink’s technology is designed to enhance pharmacy supply chain efficiency by offering supplier collaboration across transactions. Its network can help streamline purchase orders and invoicing. The platform enforces standardized workflows for managing compliance exceptions and recalls, while the serialized receiving component links products directly to compliance data such as lot and expiration dates, improving traceability. The system helps with DSCSA compliance along with value-added services such as digital recall and pharmacy returns management. Additionally, TraceLink can assist with predicting drug shortages, providing specialized managed services, and offering comprehensive training to optimize operations and compliance.

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