The pharmaceutical industry faces challenges such as counterfeit drugs and drug shortages, leading to significant financial losses and health risks. Track and Trace (T&T) is a solution that can help manage the supply chain and mitigate these risks. The industry's supply chain is complex, involving multiple entities and payments made at each transaction. T&T can provide visibility and transparency throughout the supply chain, allowing for effective management and reducing the risk of counterfeit drugs. The adoption of T&T can be supported by procurement, which can help with implementation and ensure successful integration into the supply chain.
