Are You Serialisation Ready? How Do You Compare To The Industry?
In this, the second annual Serialisation Industry Readiness Report published by Enterprise System Partners and our partners GS1 Ireland, we report on the findings found directly from the results collected from the Serialisation industry Readiness Survey 2017. This report was distributed to a wide cross-section of key industry stakeholders through direct communication and social media channels earlier this summer.
The majority of the respondents (65%) were pharmaceutical manufacturers, contract manufacturers (11%) and virtual pharma companies (8%). Third party logistics and wholesale distributor repackagers also partook in the survey.
We see the opportunity to maximise the benefits of serialised product as the next big challenge facing the industry – Liam O’Brien
Some key findings include:
- There is a greater understanding of the financial implications of serialisation in 2017 compared to the 2016 survey
- With less than 18 months to go, more than a quarter of those surveyed have no lines ready to support FMD requirements
- Over 70% of respondents have business processes in place to handle master data
- Over 50% of companies do not have a company-wide education programme in place
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