I don’t know if Americans are getting healthier, but I do know they’re getting treated more. In 2009, American patients received just under four billion prescriptions and by 2016, doctors were signing about 4.45 billion per year. Some drugs may be widely manufactured, while others may originate from a single compounder, but wherever they come from, they go to every corner of the globe. There can be few greater logistical challenges than keeping track of all this medicine as it travels across oceans and continents, conveyed by containers, planes, trains, boats and even bikes and stored in various conditions. How can governments, manufacturers, hospitals, pharmacies and consumers maintain and trust this supply chain? Might blockchain, a new but versatile technology, provide the answer?
Imagine if you could always see your whole supply chain, pinpoint at any time which distributor or location from which it’s best to purchase materials, and then determine immediately which of all the sites is best to produce the material? The result would streamline the supply chain, and with AI, it’s possible.
Black Friday 2018 is in the rear view mirror and whatever your results are they depended largely on the state of your supply chain. So now is the time to take a look at what happened while there still may be a few days to make adjustments before the final days of the retail shopping year.
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