August 1, 2024 - Boston, MA and Montreal, QC - TraceLink Inc., the largest end-to-end intelligent supply chain platform for life sciences and healthcare, today announced a strategic partnership with Tecsys, a global leader in supply chain management solutions. For healthcare systems, a lack of supply chain and inventory visibility can lead to a variety of challenges, including time-consuming product recall management, regulatory non-compliance, excess inventory carrying costs, lack of up-to-date product master data and sales catalogs, and more. This partnership between TraceLink and Tecsys aims to combine market-leading capability for external supplier integration and information exchange with industry-acclaimed inventory and warehouse management functionality.
“Partnering with Tecsys allows TraceLink to offer health systems the ability to source real-time supply chain information from 100% of their suppliers directly into their inventory management system, thereby eliminating time-consuming effort that busy pharmacy staff have to expend on a variety of challenges,” said Shabbir Dahod, President and CEO of TraceLink. “This partnership underscores TraceLink’s commitment to delivering innovative multi-enterprise data and solutions that improve patient outcomes and streamline supply chain operations, without the need for expensive or time-consuming enterprise system changes or upgrades.”
Integrated Solutions for Enhanced Supply Chain Management
TraceLink and Tecsys bring together their respective strengths to offer health systems unparalleled visibility and control over their supply chains and inventory. The integration of TraceLink's multi-enterprise digital network platform with Tecsys' enterprise health warehouse management system enables health systems to:
- Achieve Compliance with DSCSA: The combined solution ensures that health systems can meet DSCSA requirements with the least amount of disruption to their receiving workflow. By integrating the verification of DSCSA compliance information into the standard receiving process, the number of scans needed is significantly reduced, streamlining operations and freeing up valuable resources. Continue Reading >
Watch this on-demand webinar to see how solutions from TraceLink and Tecsys give health systems unparalleled visibility and control over their supply chain through the seamless integration of suppliers and internal pharmacy management systems.
Watch the webinar here.
TraceLink’s network platform, with Integrate Once, Interoperate with Everyone™ capability, revolutionizes compliance and operational efficiency for dispensing customers. By seamlessly connecting with an expansive digital network of supply chain partners, TraceLink ensures robust compliance with the Drug Supply Chain Security Act (DSCSA), swiftly manages compliance exceptions, and enables streamlined digital recalls. Furthermore, its advanced analytics capabilities facilitate the prediction of drug shortages, enhancing supply chain resilience. This integration offers pharmacies, hospitals, and other dispensers a comprehensive solution that not only meets regulatory demands but also optimizes inventory management and maintains the integrity of the drug supply, ensuring patient safety and continuity of care.
