GoComet Case Studies Streamlining Logistics Operations in a Leading Pharmaceutical Company with IoT

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	Streamlining Logistics Operations in a Leading Pharmaceutical Company with IoT GoComet

Streamlining Logistics Operations in a Leading Pharmaceutical Company with IoT

GoComet

Technology Category	Networks & Connectivity - 5G Platform as a Service (PaaS) - Application Development Platforms
Applicable Industries	Pharmaceuticals Transportation
Applicable Functions	Facility Management Logistics & Transportation
Use Cases	Last Mile Delivery Transportation Simulation
Challenge	The company, a global leader in specialty generic pharmaceuticals, was facing significant challenges in managing its logistics operations. With over 100 monthly shipments via ocean and air, tracking the progress of all freight and assessing the performance of Logistics Service Providers (LSPs) was a daunting task. The communication process was inefficient, with updates on task completion being shared via emails, leading to multiple email trails for each shipment. This made it difficult to map and audit the progress of every shipment. The inability to track shipment status and assign follow-up tasks to stakeholders resulted in hefty penalties like demurrage and detention charges. Furthermore, the negligence of the LSPs could not be identified until the fine was levied. The documentation process was also unorganized, with all shipment documents being shared via email. The lack of a common repository for these documents led to process inefficiencies and difficulty in tracking missing documents. Read More
About Customer	The customer is a leading specialty generic pharmaceuticals company, founded in 1983. It is one of the largest of its kind in the world, with over 40 manufacturing facilities. The company provides high-quality, affordable medicines to more than 100 countries across the globe. With a vast global footprint, the company manages over 100 monthly shipments via ocean and air, making its logistics operations complex and challenging. The company was facing significant challenges in tracking the progress of all freight and assessing the performance of Logistics Service Providers (LSPs), leading to inefficiencies and penalties. Read More
Solution	The company implemented GoComet’s GoShipment module to streamline its logistics operations and minimize communication gaps. This solution provided a single platform for interacting with all stakeholders, sharing documents, and mapping the progress of each shipment. GoShipment enabled a control tower view over their entire logistics operations, offering visibility over the progress of every crucial task on a single window. This eliminated the need for multiple calls and emails as all stakeholders could easily communicate and coordinate, assign responsibilities, and trace the flow of tasks on the platform. The solution also offered a Cloud Documentation and checklist facility, allowing the logistics team to upload and store relevant documents all in one place with 24×7 access. Additionally, the solution provided transparent performance management with real-time updates on delays, enabling the team to proactively prioritize tasks and address bottlenecks. They could also access detailed performance reports of every stakeholder on a single analytics dashboard. Read More Log in to view content
Contents

Technology Category

Networks & Connectivity - 5G

Platform as a Service (PaaS) - Application Development Platforms

Applicable Industries

Pharmaceuticals

Transportation

Applicable Functions

Facility Management

Logistics & Transportation

Use Cases

Last Mile Delivery

Transportation Simulation

Challenge

The company, a global leader in specialty generic pharmaceuticals, was facing significant challenges in managing its logistics operations. With over 100 monthly shipments via ocean and air, tracking the progress of all freight and assessing the performance of Logistics Service Providers (LSPs) was a daunting task. The communication process was inefficient, with updates on task completion being shared via emails, leading to multiple email trails for each shipment. This made it difficult to map and audit the progress of every shipment. The inability to track shipment status and assign follow-up tasks to stakeholders resulted in hefty penalties like demurrage and detention charges. Furthermore, the negligence of the LSPs could not be identified until the fine was levied. The documentation process was also unorganized, with all shipment documents being shared via email. The lack of a common repository for these documents led to process inefficiencies and difficulty in tracking missing documents.

About Customer

The customer is a leading specialty generic pharmaceuticals company, founded in 1983. It is one of the largest of its kind in the world, with over 40 manufacturing facilities. The company provides high-quality, affordable medicines to more than 100 countries across the globe. With a vast global footprint, the company manages over 100 monthly shipments via ocean and air, making its logistics operations complex and challenging. The company was facing significant challenges in tracking the progress of all freight and assessing the performance of Logistics Service Providers (LSPs), leading to inefficiencies and penalties.

Solution

The company implemented GoComet’s GoShipment module to streamline its logistics operations and minimize communication gaps. This solution provided a single platform for interacting with all stakeholders, sharing documents, and mapping the progress of each shipment. GoShipment enabled a control tower view over their entire logistics operations, offering visibility over the progress of every crucial task on a single window. This eliminated the need for multiple calls and emails as all stakeholders could easily communicate and coordinate, assign responsibilities, and trace the flow of tasks on the platform. The solution also offered a Cloud Documentation and checklist facility, allowing the logistics team to upload and store relevant documents all in one place with 24×7 access. Additionally, the solution provided transparent performance management with real-time updates on delays, enabling the team to proactively prioritize tasks and address bottlenecks. They could also access detailed performance reports of every stakeholder on a single analytics dashboard.

Impact #1	The implementation of GoComet’s GoShipment module brought about significant operational improvements in the company's logistics operations. The control tower view provided by the solution offered visibility over the progress of every crucial task on a single window, streamlining the process of tracking shipments. The platform facilitated seamless communication among all stakeholders, eliminating the need for multiple calls and emails. The Cloud Documentation and checklist facility simplified the documentation process, allowing for easy upload and storage of relevant documents in one place. The solution also enabled transparent performance management, with real-time updates on delays helping the team to proactively prioritize tasks and address bottlenecks. The ability to access detailed performance reports of every stakeholder on a single analytics dashboard allowed for better oversight and management of LSPs.

Impact #1

The implementation of GoComet’s GoShipment module brought about significant operational improvements in the company's logistics operations. The control tower view provided by the solution offered visibility over the progress of every crucial task on a single window, streamlining the process of tracking shipments. The platform facilitated seamless communication among all stakeholders, eliminating the need for multiple calls and emails. The Cloud Documentation and checklist facility simplified the documentation process, allowing for easy upload and storage of relevant documents in one place. The solution also enabled transparent performance management, with real-time updates on delays helping the team to proactively prioritize tasks and address bottlenecks. The ability to access detailed performance reports of every stakeholder on a single analytics dashboard allowed for better oversight and management of LSPs.

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Overview

Streamlining Logistics Operations in a Leading Pharmaceutical Company with IoT

Operational Impact