Supply chain & logistics Cool heads,
im Bacon has seen many developments in temperature control technologies during his two decades working in the pharmaceutical cold chain, but as he surveys the current horizon, he feels particular excitement.
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“The biggest potential that I can see is in analytics; projecting and viewing in real time what’s happening on shipments,” says Bacon, the president and founder of Stay Cool Logistics Consulting.
smart chains
Biopharma companies are harnessing AI and predictive analytics to transform temperature- controlled logistics, with new entrants and innovations bringing advanced monitoring- and-control solutions. Claire Read speaks to Jim Bacon, president of Stay Cool Logistics Consulting, and Phil Pluck, chief executive of the Cold Chain Federation, about why building internal expertise and infrastructure is vital to support data-driven decision-making.
In and of itself, the idea of real-time monitoring of shipment temperature is not a new one. Sensor technology has been around for some time, keeping a check on the conditions in which a drug is being stored. Increasingly, such devices assess factors such as humidity and air pressure as well as temperature, helping generate a deeper understanding of the situation across a drug’s journey from the warehouse to the final destination.
The growth of AI and predictive analytics is, however, super-charging the potential of real-time monitoring. Backed by the growth of cheap computing power, particularly in the cloud, many see the potential for much more sophisticated management of cold chains.
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