The way COVID-19 impacted the world, altered every projection made by Deloitte or McKinsey for the Healthcare supply chain . While the world economy came to an almost halt due to the pandemic, the healthcare supply chain faced unprecedented challenges that are continuing to date. A spike in requirements for essentials medicines and personal protective equipment (PPE) appeared, while the major supplying country for the same dealt with controlling the pandemic. The sudden emergence of a novel virus infection without a cure created a dire need for a vaccine to save the patients. COVID-19 wasn’t a nation-wide tragedy, but a global disaster with no cure or preparations, and the chaos followed worldwide. Apart from the lack of essential medicines and PPEs kits, another major challenge for the healthcare industry is the invention of the COVID vaccine, followed by its distribution to the world. With the creation of the vaccine, its counterfeit products will appear in the market, adding detect
India is expected to be a $5 trillion economy by 2025, and SMEs are making the major contribution towards this milestone. Thousands of SMEs manufacture consumer products which are sold through retail chains and online marketplaces. One of the essential requirements for SME manufacturers/brand owners to sell their products through retail chains and e-marketplaces is to label them with unique product codes, also known as GTINs (EAN/UPC). Whether you are introducing your product in the market or taking your company to the next level, GTINs (EAN/UPC) provide a unique identity to your products that helps you in listing products with buyers and achieving supply chain visibility and efficiency. Why should you label your products with GTINs(EAN/UPC)? Over 2 million brand owners use GTINs across the globe, making it a de-facto standard for the retail industry worldwide. Some of the benefits of GTINs (EAN/UPC) for your business are listed below. 1. Higher search ranking of your products o