Access to precise, real-time data isn't just important - it's life-saving. Only Trax delivers the freight data management solutions that keep your global supply chain resilient and responsive.
Life sciences and healthcare supply chains are essential for delivering life-saving drugs and equipment worldwide.
Cold chain logistics are heavily regulated and must comply with guidelines from agencies like the FDA and WHO, ensuring that products are stored and transported within specified temperature ranges. Disruptions in the cold chain can lead to significant financial losses, recalls, or legal liabilities.
The COVID-19 pandemic highlighted vulnerabilities, causing significant disruptions due to factory shutdowns, transportation restrictions, and border closures, exacerbated by increased demand for certain products.
Global healthcare and life sciences supply chains face significant challenges, including:
Managing cold chains for temperature-sensitive products and ensuring visibility to prevent inefficiencies and counterfeiting.
Maintaining relationships with multiple suppliers and ensuring compliance with regulatory standards.
Addressing geopolitical instability, natural disasters, and other disruptions with robust contingency planning.
Implementing sustainable practices from sourcing materials to disposing of medical waste.
Global disruptions underscore the importance of adopting digital technologies to manage supply chain data, enhancing visibility and transparency to withstand future crises.
Trax’s Data Management Platform: Leveraging scalable, cutting-edge technologies, Trax manages and normalizes global supply chain data, allowing real-time tracking and monitoring to prevent inefficiencies.
Transform complex supply chain data from diverse sources into actionable intelligence. Our platform seamlessly integrates and normalizes information across geographical regions, subsidiary operations, systems, and partners to deliver a single source of truth. This unified approach enables true global visibility and meaningful cross-organizational insights that drive strategic decision-making.
Navigate global data regulations with confidence through our built-in compliance frameworks. Our platform ensures adherence to regional data privacy requirements while maintaining compliance with local transportation and customs regulations. With automated checks and detailed audit trails, your data management practices meet the highest regulatory standards across all operational regions.
Build trust in your data assets through our robust governance framework. We establish standardized protocols and consistent data definitions across your organization, supported by automated quality checks and validation rules. This systematic approach ensures reliable, high-quality information for analytics, reporting, and strategic initiatives that drive your business forward.
Enable seamless collaboration while maintaining strong security through comprehensive access controls. Our platform provides secure, controlled access for both internal teams and external partners, ensuring efficient collaboration while protecting sensitive information. This balanced approach supports your organization's security requirements without compromising operational efficiency.
Forecast with confidence. Plan with precision. Comply without breaking a sweat. Trax transforms pharma supply chains from reactive to proactive.
Trax is the global leader in Transportation Spend Management. A combination of industry‐leading cloud‐based technology solutions and the industry's most global services elevate traditional freight audit to enterprise-wide value creation and customer satisfaction for our clients. Our clients represent the world's most complex supply chains, and they choose Trax to empower better management and control of their global transportation costs, improve data quality, and advise on logistics management optimization strategies. With a global footprint spanning North America, Latin America, Asia, and Europe, we deliver greater visibility, savings, and control of transportation network performance.
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This is also dependant on a number of factors.