THANK YOU FOR SUBSCRIBING
Logistics Transportation Review Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Logistics Transportation Review
Henry Ames, General Manager, Logistics OrchestrationTraceLink, an end-to-end intelligent supply chain platform for life sciences and healthcare, is redefining the pharma supply chain with its comprehensive, multi-enterprise supply chain commerce network. This network of 300,000 life sciences and healthcare entities coupled with its Opus platform is particularly valuable for modern third-party logistics (3PL) use cases, addressing the complexities of logistics and transportation in the pharmaceutical industry.
Empowering 3PL Providers Through Digitalization
Pioneering the digitalization of the global life sciences supply chain, TraceLink enables 3PL providers to meet the evolving needs of drug manufacturers including the expansion of high-value services and superior supply chain visibility.
Drawing on its expertise in track-and-trace and serialization technologies, TraceLink has evolved into a global engine for end-to-end supply chain orchestration. This transformation leverages collective intelligence from a network that spans the entire supply chain spectrum, across the global pharma supply chain, from the largest drug manufacturers to the smallest dispensers.
“We are strategically positioned to support 3PL service providers in growing their customer base through affordable enterprise system integration while enabling visibility across an expanding list of high-value service offerings,” says Henry Ames, General Manager, Logistics Orchestration.
Meeting the Needs of a Growing Biopharma Market
The global healthcare logistics market is projected to grow from $130 billion in 2023 to $152 billion in 2026 – representing ~17% projected growth. This unique market requires highly specialized solutions that are compliant with global regulatory and standards-based guidance. Growing services offered by 3PLs include supply network design, warehouse fulfillment, contract logistics, logistics control tower, and order-to-cash processes to name just a few.
TraceLink’s network-based approach enables 3PL companies to address these challenges. The platform improves order fulfillment, data, and inventory management, fostering end-to-end visibility that helps users identify and resolve supply chain issues. Supporting the workflows associated with these additional services represents a natural extension of the proven success of TraceLink’s multi-enterprise network capabilities.
Real-World Impact: Reducing Costs and Improving Service Levels
Enhancing Supply Chain Efficiency with Data Analytics
TraceLink’s platform offers drug manufacturers and their 3PL partners real-time inventory visibility regardless of the complexity of the network design. Furthermore, TraceLink’s network provides timely data for planning, replenishment, and order fulfillment, significantly improving order-to-cash cycles and cash flow for 3PL companies and their customers. The Integrate Once, Interoperate with Everyone™ capability allows 3PL providers to seamlessly connect with all supply chain partners, enhancing overall efficiency and customer satisfaction while reducing the time and cost associated with point-to-point integrations. Onboarding a new customer, expanding services in new geographies, supporting a new product launch, or even leveraging 4PL outsourced services is seamlessly supported.
Regardless of file format, TraceLink normalizes the data, enabling clients to connect with them on the network and exchange data regardless of the data format. This functionality has saved customers over $4.4 billion in integration costs compared to traditional point-to-point integrations. The Network Success Team further strengthens these connections by maintaining long-term partner relationships at no additional cost.
-
We are strategically positioned to tap into a universe of opportunities to better serve the 3PL service providers in support of their customers in the wake of the post-pandemic supply chain trends
Real-World Impact: Reducing Costs and Improving Service Levels
In one instance, a drug manufacturer working with a 3PL to ship directly to a large hospital network faced issues with the untimely flow of shipment data. This prevented hospitals from taking advantage of discounts offered for early payments. The problem was further compounded causing additional costs in the form of late payment fees. Integration with TraceLink resulted in significant cost savings through a continuous and uninterrupted flow of data, ensuring timely delivery and reducing operational inefficiencies.
Strategic Planning and Future Innovations
TraceLink’s digital network platform is built on the foundation of EU FMD, and other track-and-trace laws, empowering clients and ensuring regulatory compliance. Platform customers can extract value from their investments in serialization and track and trace in order to illuminate the gaps in their supply chain through an expanded set of transactions across all trade partners in a cost-effective and time-efficient manner.
Conclusion
TraceLink has long been a testament to a connection revolution across the complex pharma supply chain, contributing to a healthier, safer world. Its multi-enterprise supply chain network is a crucial asset for 3PL providers and their customers, driving innovation, supply chain visibility, improving service levels, and ensuring the resilience of the global pharmaceutical supply chain.
| Share this Article: Tweet |
Company
TraceLink
Management
Henry Ames, General Manager, Logistics Orchestration
Description
TraceLink, an end-to-end intelligent supply chain platform for life sciences and healthcare, offers a comprehensive multi-enterprise supply chain commerce network to digitalize the global life sciences supply chain. It empowers 3PL providers to tackle drug manufacturers’ evolving needs for rapid delivery and superior supply chain resilience.
TraceLink News
TraceLink Launches Program to Enable Solution Partners and Integrators to Digitalize End-to-End Supply Chains
© 2025 Logistics Transportation Review. All Rights Reserved.
BOSTON - TraceLink Inc., announced the second generation and expansion of its ecosystem partner program, Opus PartnerLink. This enhanced program offers Solution, Technology, and Service Partners unique business opportunities to enable their clients to unlock tens of billions of dollars in digitalization value which has been inaccessible due to the extreme cost and technology integration barriers that have historically prevented the digitalization of 100% of trading partner relationships. For the first time, Solution Partners can leverage an open, no-code supply chain digitalization platform to independently develop end-to-end solutions that orchestrate all multi-enterprise processes with all supply chain partners.
The Opus Platform suite features revolutionary multi-enterprise and no-code capabilities not found anywhere else in supply chain management, including:
• A single integration platform featuring universal support for all modes of integration
• No-code solution designer for multi-enterprise solution configuration
• Next-gen B2B transaction exchange and first end-to-end digital orchestration engine
• Configurable reports and dashboards for sharing process visibility with supply chain partners
• A generative AI co-pilot for accelerating supply chain digitalization
• An open partner ecosystem and marketplace of pre-built enterprise system integrations
Through the use of Opus Platform capabilities, Solution Partners can rapidly catapult the digitalization aspirations of their clients into real-world projects for use cases like:
• Direct supply orchestration to improve lead time predictability via procure-to-pay digitalization
• Contract manufacturing orchestration to optimize working capital through production tracking digitalization
• Logistics orchestration to provide inventory visibility and increased service levels via order-to-cash orchestration
• Transportation orchestration to reduce costs through shipment tracking visibility
• Commerce orchestration to increase demand visibility new channel digitalization
• Clinical supply orchestration to enable clinical kit track visibility and cell-and-gene therapy programs
"With the expansion of the Opus PartnerLink program, we are committed to building an even more robust and collaborative ecosystem with world-class Solution, Technology, and Services partners," said Shabbir Dahod, President and CEO of TraceLink. "Ecosystem partners were vital participants in TraceLink's journey to become the leading global track-and-trace orchestration and digital network provider. Today, TraceLink and our partners serve more than 1,600 customers in more than 50 countries, and those customers do business with trading partners from more than 8 different supply chain segments in more than 120 countries. Moving forward with Opus, TraceLink aims to arm our ecosystem partners with a cutting-edge, no-code supply chain digitalization platform to build on this existing digital network foundation and meet the needs of our mutual customers across countless supply chain business processes."
Key Features and Benefits of the Opus PartnerLink Program
• Opus Platform and Solution Access: Access to new platform, solution, and network integration technologies in early development and pre-release stages will ensure partners' awareness and knowledge.
• Personalized Training: Enhanced expertise through tailored training, enablement, and certification programs will equip ecosystem partners with the skills and knowledge to thrive in driving end-to-end supply chain digitalization and orchestration projects.
• Demand Generation: Partners can engage in high-impact go-to-market activities to expand brand awareness and generate new leads for solution and services projects among 1,600+ TraceLink customers and 291,000+ verified network entities.
• Business Development and Revenue Generation: Partners have new revenue growth opportunities by participating in and leading strategic supply chain digitalization projects for leading companies worldwide.
Solution Partner Feedback
"NNIT-EHS has been proud to serve as TraceLink's first and most significant services partner in North America," said Greg Cathcart, Senior Vice President, Head of NNIT Region US, CEO of Excellis Health Solutions (an NNIT Group Company). "Over several years, our collaboration has enabled us to leverage TraceLink's solutions to enhance our service offerings, drive compliance, and deliver value to our clients. Our strong partnership has been pivotal in our ability to support the evolving needs of the life sciences industry. We look forward to providing enhanced customer value with new TraceLink solutions in the new enhanced Partner Program."
"Since 2017, LifeBee has enjoyed a long and fruitful partnership with TraceLink, supporting over 50 of our customers in preparing for EU FMD and various global track and trace regulations," said Teresa Minero, Founder & CEO, LifeBee, now a Product Life Group Company."TraceLink's expanded Partner Program aligns perfectly with our commitment to leveraging cutting-edge solutions and industry knowledge to drive supply chain innovation and regulatory compliance in the life science sector. As part of the Product Life Group, we are excited about the new opportunities this program offers for growth and collaboration in Europe and globally."
Upcoming Opus PartnerLink Events
• Webinar: Join us for an exclusive webinar for Solution, Technology, and Services partners to dive deeply into the details of the expanded Opus Partner Ecosystem on Thursday, September 12, 2024, at 11 a.m. ET/5 p.m. CEST. Register now.
• FutureLink Barcelona: We invite all ecosystem partners to join us at FutureLink in Barcelona from October 2-4, 2024, for the release of our Opus Magnum solution. Learn more.