Role of IoT in the Pharma Manufacturing Process

The latest technologies such as the Internet of Things (IoT) has attracted a vast majority of manufacturing companies to unlock its limitless potential. Pharmaceutical manufacturing companies are no exception. They have realized the potential of IoT in revolutionizing the manufacturing process from drug discovery to manufacturing. With big data and advanced analytics, they can scrutinize massive amounts of data and improve manufacturing efficiency. Managing warehousing operations is critical for pharmaceutical manufacturing companies to avoid product wastages and higher inventory costs. However, this becomes an arduous task for companies due to operations spread across vast geographies and high logistics costs. The use of IoT in the pharma supply chain can help firms report inconsistencies, monitor storage of sensitive medicines, and optimize warehouse floor space.