By Stavros Evangelakakis, Chairman, Cool Chain Association
It takes 10,000 miles to reach the last mile and as an industry, we must become part of the solution, whether we are talking about the Pharma or the perishables markets.
The global Pharma market is predicted to be worth USD1.2 trillion by 2022, with around USD12 billion currently spent worldwide on cold-chain biopharma logistics alone, forecast to rise to USD16.7 billion by 2020.
We strive as an industry to ensure our precious cargo arrives safely and securely.
There are thousands of preventable deaths of infants under five years old every day because the vaccines that we so carefully transport never reach them.
Instead, they are stolen, or made unusable because of temperature excursions.
This final mile often is a real challenge, but it is here that we can make a real difference, whether it is saving lives or tackling food loss.
As we push to work more collaboratively as an industry, we should also have our sights on helping to find solutions for that final mile.
We must work hand-in-hand with the Pharma and perishables industries in order to improve product integrity and patient health and safety and that means sharing information, leaving our data silos, and learning to collaborate.
We are improving as an industry, with modern facilities, compliance to certification programs, continuous training, and creating awareness of standards and regulations, but I think it is fair to say, we are still not embracing information exchange and technology and there is much more work to be done to mitigate risk within the industry.
To read the rest of the story in TIACA Times Winter 2018/9 issue, click here
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