June 13, 2016
North Reading, MA and Pittsford, NY (June 13, 2016)—TraceLink Inc., the world’s largest track and trace network for connecting the Life Sciences supply chain, and ROC IT Solutions, a leader in intelligent edge data capture for serialized assets in the supply chain, today announced an agreement that allows TraceLink to resell EdgeTRAC™ by ROC IT—an industry-leading edge solution for managing receiving, shipping, returns, deactivation, aggregation, de-aggregation and label printing of serialized drug products in warehouse inventory. The agreement streamlines point-of-purchase, project implementation and technical support for pharmaceutical companies seeking best-of-breed track and trace solutions that enable them to achieve regulatory compliance and efficiently track serialized inventory without any disruption to their warehouse operations.
“As pharmaceutical companies begin to serialize products to comply with a range of global laws, EdgeTRAC by ROC IT has emerged as the preferred edge system for managing aggregated, serialized inventory in the warehouse,” said Shabbir Dahod, president and CEO of TraceLink. “ROC IT created its EdgeTRAC software specifically for pharmaceutical serialization which is very different than other vendors with toolkits that require labor-intensive and costly customization to achieve serialized inventory tracking in the warehouse. Because TraceLink and ROC IT have created serialization solutions for the sole purpose of addressing global track and trace for life sciences, our products integrate seamlessly with one another, reducing the time and cost of getting up and running with an end-to-end integrated workflow from serial number creation and management to inventory tracking of drug products moving in and out of the warehouse.”
Larry Hall, co-founder of ROC IT added, “TraceLink has gained significant industry traction because its proven Life Sciences Cloud serialization platform enables more than 350 pharmaceutical manufacturers, CMOs, distributors, 3PLs and dispensers to exchange data with over 225,000 supply chain partners. In addition, EdgeTRAC and TraceLink’s serialization solutions are already live in production together, demonstrating the simplicity of the system integration and sub-second response times between the EPCIS repository and the edge system. We’re excited to partner with TraceLink and tap into the largest global sales team that is exclusively focused on track and trace for life sciences, which will enable us to accelerate worldwide adoption of ROC IT solutions across the industry."
Streamlining Warehouse Operations with EdgeTRAC by ROC IT
With the need to comply to new and emerging global regulatory requirements, pharmaceutical manufacturers, distributors and 3PLs must update existing business processes for how they manufacture, receive, put away, pick, pack, ship and manage inventory for drug products. In addition, many wholesale distributors, including the “Big Three” in the US—AmerisourceBergen, Cardinal Health, and McKesson—are setting expectations with pharmaceutical manufacturers that serialized product at the item-level must be aggregated to parent containers. These expectations create complex inventory tracking and management challenges that increase the risk of operational delays in the warehouse.
By offering EdgeTRAC by ROC IT alongside its portfolio of serialization solutions, TraceLink is addressing this challenge and facilitating seamless business process integration between manufacturing and warehouse operations. Customers who purchase EdgeTRAC by ROC IT with TraceLink serialization solutions can uniquely identify each saleable product and parent supply chain container (e.g. each, case, overpack, pallet, etc.) to enable full traceability and authentication of drug products. Specific warehouse operations capabilities include:
In addition, customers who purchase EdgeTRAC by ROC IT from TraceLink will be able to rely on TraceLink’s global customer success team for implementation assistance and ongoing technical support, further streamlining the user experience by coordinating support resources through TraceLink.
To learn more about EdgeTRAC by ROC IT and its capabilities for seamlessly managing serialized product inventory within the warehouse, please visit tracelink.com.
TraceLink is the world’s largest track and trace network for connecting the Life Sciences supply chain and eliminating counterfeit prescription drugs from the global marketplace. Leading businesses, including 16 of the top-20 global pharmaceutical companies, trust the TraceLink Life Sciences Cloud to deliver complete global connectivity, visibility and traceability of pharmaceuticals from ingredient to patient. A single point and click connection to the Life Sciences Cloud creates a supply chain control tower that delivers the information, insight and collaboration needed to improve performance and reduce risk across global supply, manufacturing and distribution operations. including Deloitte’s Technology Fast 500 (ranked number 293 in 2015), the Amazon AWS Global Start-Up Challenge Grand Prize, and the Edison Award for Innovation in Health Management, the Life Sciences Cloud is used by businesses across the globe to meet strategic goals in ensuring global compliance, fighting drug counterfeiting, improving on-time and in-full delivery, protecting product quality and reducing operational cost. For more information on TraceLink and our solutions, visit www.tracelink.com or follow us on LinkedIn, Twitter and Facebook.
About ROC IT Solutions
ROC IT Solutions enables serialized data capture for receiving, picking, shipping, returns, deactivation, aggregation, de-aggregation, label printing and tag management of pharmaceutical products. Our solutions streamline serialization at all points in the supply chain, from manufacturers to wholesalers, distributors and retailers. Through more accurate and efficient supply chain serialization, ROC IT Solutions’ track and trace software helps companies protect revenues, combat counterfeiting and diversion, and ensure consumer safety.
ROC IT serialization software enables “intelligent edge data capture,” allowing companies to capture and process data for serialized assets at
the edge of the supply chain, where materials handling takes place. By reducing data capture errors and providing real-time decision making
at the point of materials handling, our solutions enable serialized product tracking without bottlenecks or bandwidth issues. Our unique distributed
architecture enables agile and scalable solutions that are easily deployed and maintained to support any ERP, EPCIS / Serial Number Management,
track-and-trace, Auto-ID or other application, as well as interoperability with any device for barcode and RFID data capture, using GS1 standards.
Learn more at http://www.rocitsolutions.com.
ROC IT Solutions is privately held.