Pharmaceutical companies view automation and intelligence in the warehouse as key to meeting the needs of pharmaceutical companies and ensuring accurate and efficient logistics. In this post, we, in addition to illustrating the concrete benefits of automatic systems, in particular vertical carlousels, also present the advantages of carrying out KENWEI intelligent storage systems in the pharmaceutical industry.
Pharmaceutical Supply Chain: Market in Full Expansion
After reaching a turnover of more than 75,000 million euros in 2018, the global market for pharmaceutical logistics will continue to grow intensively until 2028. Despite the Covid-related crisis, the dimension of the global pharmaceutical storage and logistics market has been estimated at $73.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.5% from 2021 to 2028.
Features Of Storage and Logistics In The Pharmaceutical Industry
Logistics in the pharmaceutical sector deals with the conservation and distribution of medicines, active ingredients and organic products from the supplier to the final point of sale: pharmacies open to the public, pharmacies within hospitals or electronic commerce of medicines.
The main needs of the Pharmaceutical Logistics and Warehousing sector are:
- Maximum logistic traceability and stock control;
- Precision of quality control;
- Temperature-controlled storage and special transport of products;
- Increasingly shorter order preparation and shipping times.
New Pharmaceutical Storage Strategies To Make Costs More Efficient
The supply chain in the pharmaceutical sector plays an increasingly important role in optimizing costs, performance and quality. It has always been a chain that cannot afford delays and in which production planning plays a strategic role.
For this reason, companies continually face major challenges:
- Increase productivity;
- Improve the preservation of products;
- Make inventory management more efficient;
- Improve the order picking process.
Strategic Role of Automatic Storage and Retrieval System for Pharmaceutical
The immediacy, precision and correct conservation of the products have become the main needs of end customers in the pharmaceutical sector. This leads to an increasingly just-in-time logistics in which automatic solutions for the storage and handling of materials can play a fundamental role. Indeed, automation guarantees flexibility, precision and efficiency in the preservation of products, stock management and the preparation and shipment of orders.
Advantages Of KenWei ARSR Storage Systems for Pharmaceutical
These values are, for example, secured by the KENWEI automatic vertical carousels, the ideal solution for storing and managing material of any format, weight, and size.
In addition to making the most of the space in height, reducing the occupied area by up to 1/10 compared to a traditional warehouse, Vertimag guarantees pharmaceutical companies the possibility of:
- Improve stock management;
- Expedite the preparation of orders;
- Ensure the proper preservation of products;
- Reduce errors;
- Perform operations safely and ergonomically.