Lack of transparency in the end-to-end supply chains and value chains, along with long international production and supply lines, is making the task of ensuring supply security increasingly time-consuming and complex. Achieving budget targets and positive financial results now requires greater effort.
Major cross-border crises such as natural disasters, epidemics, wars, conflicts, and refugee challenges cause significant fluctuations in the supply and demand of products and services, while also affecting transport and distribution. As a result, normal market mechanisms break down, and the assumptions used in budgets and plans can collapse like a house of cards.
By using artificial intelligence in combination with our data collection systems, we make the levels in the entire supply chains and value chains transparent.
Additionally, we monitor the critical factors that influence the assumptions used in the planning process. In this way, MediTrx and RetailTrx simplify and automate the updates of risk assessments, security measures, threat evaluations, and contingency plans, keeping pace with an ever-changing risk landscape. This provides a more dynamic approach to managing supply risk, which is particularly important given the unpredictable future and the growing need for preparedness.
MediTrx is available in two versions: One tailored to the needs of the public health sector and the armed services, covering supply security for medicines, vaccines, medical supplies, medical equipment, and personal protective equipment. The other version is tailored to manufacturers, suppliers, wholesalers, pharmacies, and medical retail outlets.
RetailTrx is designed for the consumer products sector, focusing on optimizing sales, marketing, purchasing, distribution, product launches, and more.