Page 16 - ITLN May-June 2021 issue for Magzter
P. 16

Cover Story
              Temp-Controlled
              Pharma Logistics

                                                                                pharma produce and increased use of
                                                                                RFID technologies for better operations.
                                                                                  On the same line, Sharma noted
                                                                                that quality, visibility and safety of
                                                                                the cargo are some of the prime
                                                                                factors that influence pharmaceutical
                                                                                manufacturers while choosing their
                                                                                supply chain partners.
                                                                                  "The cold chain logistics in India
                                                                                has come a long way in the last
                                                                                5-6 years and today high-quality
                                                                                infrastructure on storage and fleet is
                                                                                available largely across most parts of
                                                                                the country. However, this does not
                                                                                essentially resolve the supply chain
                                                                                issues of pharma companies as their
                                                                                requirements are not available off-the-
                                                                                shelf and need a lot of customisation
                                                                                from a compliance perspective under
                                                                                the FDA guidelines. Hence, large
                                                                                players are looking at customised
                                                                                storage and distribution solutions that
                                                                                shall integrate all their requirements
         already have their presence in this                                    under one facility with requisite
         region and Snowman will focus on the                                   licensing approvals," he said.
         possibilities of additional business in                                  About his thoughts on the future,
         this region.                                                           Shinde noted that there is an immense
           "Mumbai being the heart of many                                      opportunity for the cold chain logistics
         pharma companies' corporate offices,                                   industry to ramp up functions, increase
         we will focus on the possibilities                                     transport facilities, open more
         of adding more pharma clients,                                         warehouses that can handle big loads
         especially those clients who are                                       of temp-controlled medicines, raw
         seeking end-to-end organised logistic                                  materials, and devices.
         solutions. Being one of the leading                                      "India’s dependence on imports of
         players in cold chain logistics in India,                              many key starting materials (KSM),
         we will focus on the growth of our                                     intermediates, and APIs has increased
         pharma vertical," he added.               Lack of reverse load         because of the low-cost advantage
           Srinivas informed that Savills India                                 enjoyed by foreign manufacturers,
         expects an uptick in investment activity   generation leads to         especially those operating in China.
         for the pharma industry from real         demand and supply            Companies are looking for end-to-end
         estate and private equity funds in rental   gaps for fleet operators   solutions for their business in India. They
         yielding assets, joint venture deals, debt   resulting in higher       expect to have the best infrastructure
         funding and development management.         operating costs.           with innovative technology, providing
           "States such as Gujarat,                                             them cost-effective logistics solutions
         Maharashtra, Andhra Pradesh,                Sanjay Sharma              for the smooth functioning of their
         Telangana, Tamil Nadu, Goa, Karnataka,      Coldman Logistics          operations in India," he said.
         Punjab, Delhi-NCR are likely to attract                                  Guha informed that CriticaLog
         sizable investments for land acquisitions   Srinivas notes that, at present,   has been a logistics partner of global
         to set up production facilities, R&D   pharma companies are stressing   healthcare organizations, to move
         bases and other built-to-suit, plug and   logistics companies for adoption of at   critical radioactive shipments required
         play facilities," he said.         least five qualities.               for medical equipment across tertiary
                                               These are improvement of supply   and quaternary care hospitals across
         Pharma manufacturers               chain efficiency and lowering overall   the country.
         Pharmaceutical manufacturers being   cost, quality and regulatory compliance   “We move high-value precious
         the clients for logistics companies, it is   on supply chain, adoption of Internet of   consignments directly to the customer’s
         important to understand their motives   Medical Things (IoMT) for efficient supply   doorstep, by ensuring the highest level
         and new trends emerging in their   chain control, trusty logistics partnerships   of safety, security and following the
         production plants.                 for timely and safe delivery of drugs/  social distancing norms,” he said.


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