The specialty logistics services will expand in 11 of its 14 pharmaceutical depots, each of which is located in a strategic market for global health care.
Sam Herbert, president of World Courier, told us, “We’ve identified facilities in strategic markets that not only represent the future growth of global health care but can also meet the demands from our pharmaceutical manufacturer partners.”
Depots that will see expansion are located within Argentina, Australia, Brazil, Chile, Colombia, India, Japan, Mexico, Peru, Russia, and Singapore.
He added, “These facilities are set up to support various storage and distribution capabilities, including serialized product management, under one roof.”
Herbert also told us that after recent demand, the company will add commercial storage and distribution to its pharmaceutical depot in Turkey next year.
Additions to the depots will provide expanded services including the company’s proprietary inventory management and stock-control systems, which enables manufacturers real-time line of sight into the product, as it moves from the facility into distribution. Herbert added that this offering ensures products are safely stored, managed, and viable to patients once delivered.
World Courier will also update its technologies to meet the growing needs of the industry. Herbert stated that these updates will build on its existing quality management system and platforms in an aim to simplify partnering strategies with its customers. Additions to its technologies will also enable its customers to stay adherent to US and global requirements, such as GDPR.
“Through these recent enhancements, we are expanding operational efficiencies to further support our customers and continue our leadership within the space,” said Herbert.
These planned expansions and technological additions are made possible by the company’s 2018 multimillion-dollar technology transformation initiative.
Investment details on this most recent expansion were not disclosed.