News | April 16, 2008

Axway's Synchrony Provides Complete Supply Chain Protection And Visibility For Pharmaceutical Companies

Axway's Synchrony Supply Chain Integrity Suite offers a comprehensive solution for companies looking to strengthen and protect their supply chains. By creating actionable and immediate intelligence about supply chain performance, the Suite improves operational efficiency through supply chain visibility. In addition, it assures data integrity in supply chain transactions, enables product authentication, streamlines reverse logistics processes and can be integrated with existing enterprise resource planning (ERP) systems.

The World Health Organization estimates that up to 10 percent of all medicines are counterfeits, rising to 25 percent in some countries. Added demand, rapidly inflating costs, and existing and upcoming regulations are further changing the landscape. Combined, these factors increase economic incentives for counterfeiting and diverting pharmaceuticals, stressing the need for a transparent view of the pharmaceutical supply chain. Axway's Synchrony Supply Chain Integrity Suite is helping several major companies, including a top biotechnology provider, implement a scalable, agile and adaptive patient safety solution.

"Pharmaceutical companies are challenged by the need to prevent counterfeiting and diversion, as well as achieve operational efficiencies. Visibility into the supply chain is critical to that," said Kim Loughead, director, healthcare solutions, Axway. "The Synchrony Supply Chain Integrity Suite is comprised of multiple components that can be configured to address an organization's specific needs, ensuring each and every implementation requirement is met. As additional regulations are introduced and as the industry continues to evolve, Axway is committed to keeping pace with new features that make certain our customers are protected."

The Synchrony Supply Chain Integrity Suite addresses evolving governmental mandates and includes several specialty applications for the healthcare and life sciences industry. Axway's Synchrony Supply Chain Integrity Suite includes:

  • Synchrony Data Integrity Assurance (DIA) - Helps keep the data accurate and complete, while improving productivity by providing complete visibility of file exchanges. DIA also validates content, both within the organization and among business partners.
  • Synchrony ePedigree - Automates current paper-based processes intended to prevent counterfeiting and safeguard drug supplies. Because ePedigree securely tracks authentic drugs and safeguards the drug supply, it enables manufacturers, wholesalers and retailers to increase patient safety, protect brand revenue, and comply with U.S. state and federal mandates.
  • Synchrony Sentinel - A comprehensive Business Activity Monitoring (BAM) solution that tracks processing chains at both technical and business levels to determine if it is operating efficiently, and in alignment with business goals. Synchrony Sentinel's complex event processing (CEP) capabilities detect, correlate and correct potential process problems before they can harm a business.
  • Synchrony Trade Activity Manager (TAM) - Helps companies visualize, analyze and quickly act on order trends and inventory imbalances in real-time. TAM includes packaged analytic applications and market-tested delivery tools, ensuring secure, timely data delivery and analysis.
  • Synchrony Track and Trace - Tracks and traces customizable product movement events such as order, shipment, receipt, check-in and consumption. This visibility allows companies to streamline reverse logistics processes and reduce operational costs by saving labor costs and improving warehouse efficiency.

For additional information on Synchrony Supply Chain Integrity Suite, please visit: www.axway.com/solutions/healthcare.php.

About Axway
Axway is the leading global provider of collaborative business solutions. Axway establishes the dynamic connections — within and among enterprises — that make companies easier to do business with. Spanning all industries, over 8000 organizations in more than 100 countries depend on Axway to manage and control their business-critical information in motion — improving value chain efficiency, regulatory compliance and quality of service. Built on a service-oriented architecture (SOA), Axway's Synchrony solutions feature a highly flexible integration and B2B framework, business and technical analytics, and professional services. Axway also offers customized solutions for the financial services, life sciences and automotive industries. A growing list of Axway's solutions are available in a software-as-a-service (SaaS) model. A subsidiary of Sopra Group, SA, Axway is headquartered in Scottsdale, Arizona.

SOURCE: Axway