Teva Leverages Market-leading Temperature and Theft Monitoring from FourKites
Main provide chain visibility supplier FourKites right now introduced that Teva, a worldwide chief in generic and progressive medicines, has achieved a 0.005% incident fee by leveraging FourKites’ international provider visibility answer, NIC-Place. With NIC-Place, Teva has instantaneous entry to and might react to high-quality temperature and theft knowledge, which saves time and avoids lack of items.
Teva has a portfolio consisting of greater than 3,500 merchandise in practically each therapeutic space. Round 200 million folks around the globe take Teva drugs every single day. ratiopharm is a subsidiary of Teva and Germany’s best-known pharmaceutical model. Yearly, the corporate strikes half one million pallets of its merchandise all through Europe, and in one in every of its largest markets — Germany — Teva delivers and collects items to and from 1,000 wholesalers, pharmacies, hospitals and suppliers.
A key element to Teva’s logistics operations is NIC-Place’s real-time provide chain visibility.
“With NIC-Place, we now have 100% correct temperature knowledge for all our items, 24/7, irrespective of the place our fleet of 80 vans and trailers is,” says Bernd Schlumpberger, Head of Fleet & Transport Administration, Teva. “That is essential as a result of the temperature within the truck should match the wants of our medicines at each second. As such, we keep away from expensive and time-consuming incidents.”
Teva’s profitable NIC-Place implementation features a complete theft monitoring answer, delivered in partnership with tcs*, an organization that makes a speciality of monitoring transport companies. It is a important aspect to defending Teva’s items in transit.
“Now we have extremely delicate items on our vans,” Bernd explains. “Because of NIC-Place and tcs*, we now have alarms and surveillance that monitor our autos 24/7. This permits us to react in actual time at any second with multi-level escalation ought to there be suspicious exercise, resembling a door opening unexpectedly in a parking zone at night time. NIC-Place has enabled us to realize a near-zero incident fee throughout our provide chain to make sure that we’re capable of ship the highest-quality medicines on the proper time.”
“The world’s main manufacturers like Teva are seeing first-hand how FourKites’ AI-powered provide chain visibility platform empowers leaders to make business-critical selections that lower your expenses, enhance planning and make prospects — in addition to companions — happier,” mentioned Kevin Kruekis, Managing Director, NIC-Place. “We look ahead to deepening our partnership with Teva and serving to them keep an agile and responsive provide chain that meets their prospects’ wants and drives end-to-end efficiencies.”
Main international provide chain visibility platform FourKites® extends visibility past transportation into yards, warehouses, shops and past. Monitoring greater than 3 million shipments day by day throughout street, rail, ocean, air, parcel and final mile, and reaching over 200 nations and territories, FourKites combines real-time knowledge and highly effective machine studying to assist corporations digitize their end-to-end provide chains. Greater than 1,200 of the world’s most acknowledged manufacturers — together with 9 of the top-10 CPG and 18 of the top-20 meals and beverage corporations — belief FourKites to remodel their enterprise and create extra agile, environment friendly and sustainable provide chains.
Germany-based NIC-Place was acquired by FourKites in January 2022. With its proprietary Knowledge Management Heart (DCC), NIC-Place offers a versatile and safe approach for carriers to share provide chain knowledge with prospects, whereas giving them full management of their enterprise, their community and their knowledge. Collectively, the 2 platforms have shaped the most important multimodal provider community in Europe. To be taught extra, go to https://www.fourkites.com/.
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has been growing and producing medicines to enhance folks’s lives for greater than a century. Teva is a worldwide chief in generic and progressive medicines with a portfolio consisting of over 3,500 merchandise in practically each therapeutic space. Round 200 million folks around the globe take a Teva drugs every single day, and are served by one of many largest and most complicated provide chains within the pharmaceutical business. Together with this established presence in generics, Teva has vital progressive analysis and operations supporting the rising portfolio of progressive and biopharmaceutical merchandise. Be taught extra at www.tevapharm.com
