Sharp Joins TraceLink’s Collaborative Supply Network
Sharp Corp. (Allentown, PA) announced it has joined the TraceLink Network for collaborative supply management with customers. By integrating Sharp’s packaging and serialization services with TraceLink’s, Sharp’s 80-plus pharmaceutical, biopharmaceutical, and OTC customers will gain improved performance, visibility, and coordination throughout contract packaging and finished goods distribution, Sharp and TraceLink (Woburn, MA) said.
“Our mission is to create customized packaging solutions for our customers’ unique needs, particularly the faster moving, smaller and under-resourced companies,” said Rick Seibert, vice president – project management & NBD, Sharp Corporation.
“The TraceLink Network gives us and our customers shared visibility into the production process from material receipt to quality release and product shipment. As a result, we can reduce cycle-time, improve on-time delivery, and be more responsive to changing customer requirements.”
In addition to current work integrating Sharp’s packaging systems with TraceLink’s collaboration platform, Sharp and TraceLink are also collaborating on the technical development of serialization services in preparation for 2015 pedigree and serialization regulatory mandates in the United States. These mandates include item-level serialization of drug products and the establishment of an electronic pedigree chain of custody.
Sharp and TraceLink plan to roll out the integrated solution to joint Life Science customers starting in the first quarter of 2011.
“Sharp has a large base of globally diverse customers with specific, localized packaging requirements,” said Shabbir Dahod, president and chief executive officer, TraceLink. “With the TraceLink Network, Sharp can leverage our “integrate-once, interoperate with everyone” transaction platform to create rich information connections to their growing network of pharmaceutical companies and contract manufacturing partners. This will accelerate Sharp’s ability to collaborate with customers on new value-added services.”
The TraceLink Network is a cloud-based platform that prevents counterfeits, detects diversion, minimizes inventory, reduces cycle-time and ensures on-time delivery for all members of the supply chain by integrating its participants into a network of interoperable, collaborative business processes shared across companies, TraceLink said..