Every market has its own unique reporting requirements, creating great complexity.
For pharma companies, operational efficiencies rely on being able to create a shipment in their ERP system and produce one type of shipping message, regardless of where the product is going. Without global compliance reporting standards, those efficiencies are threatened for any company doing business in more than one market: each country has its own requirements, introducing great complexity. Meeting these demands requires building business logic into the ERP system, which adds yet another layer of complexity; relying on your serialization vendor to build custom logic into their system on your dime; or a global platform that is already capable to meeting all markets’ unique needs.
TraceLink provides one global platform to manage all government compliance.
The TraceLink solution manages all government reporting requirements, eliminating the need for companies to build their own business logic or spend resources on custom builds. Messages are sent from the in-house ERP to TraceLink and we ascertain the transaction type, the product, and the target market. From there, we determine what’s needed according to that market’s requirements and produce the right message. If the product is US-bound, we also factor in the trade partner profile. If a company begins doing business in a new market, the connection between their ERP system and TraceLink need not change: we manage that new market seamlessly, same as all the rest.
Our platform capabilities include:
- Reports that automatically trigger based on your operations, like releasing product or selling it to a particular country.
- Flexibility to map customer-specific reporting requirements against prioritized countries
- Ability to automatically route reports to agencies in required formats, such as GS1 SGTIN, China EDMC, Brazil IUM
- Proven expertise: Live with China compliance since 2013, European Union, Brazil and India since 2015 and South Korea since 2016.