DOWNERS
GROVE, Ill., March 20,
2024 /PRNewswire/ -- Systech, part of Markem-Imaje
and Dover and a leading provider of digital identification and
traceability software solutions, today announced that it has
released a comprehensive and versatile rework offering for managing
exceptions in the pharmaceutical supply chain. Built with Systech's
extensive expertise, this new solution delivers robust capabilities
from the assembly line through the supply chain to help
manufacturers and distributors minimize data misalignment, product
delays and associated risks in the pharmaceutical sector.
"Our new feature-rich, exception handling solution addresses a
diverse set of use cases, leveraging our vast experience in
providing rework up and down the stack and ensuring seamless
connectivity with trading partners," said Sreedhar Patnala, Vice President of Digital
Products at Systech. "Systech's highly reliable and scalable
solutions effectively mitigate risk and keep data and product
moving."
As trading partners continue to implement and fine-tune their
processes to adhere to the Drug Quality and Security Act, the
volume of errors related to discrepancies between the data and
product received is expected to grow. Considering the increasing
challenges related to counterfeits, drug shortages and patient
safety, efficient handling of exceptions has become imperative.
Key benefits of Systech's exception handling and rework solution
include:
- Quick path to compliance with the Electronic Product Code
Information Services checker, which serves as a built-in data
inspector and reduces time to check and reconcile the data.
- Avoidance of product quarantine and supply chain delays with a
communication hub that automates notifications to trading partners
and regulatory authorities.
- High efficiency via multi-scan and mobile flexibility to
optimize production and resolution time.
As a full-stack solution provider, Systech uniquely offers
a comprehensive rework solution with rapid deployment, seamless
connectivity to any Level 4 platform and a built-in data inspector
with the flexibility to adapt to any workflow and ecosystem.
"The pharmaceutical industry must prioritize efficient exception
handling and rework solutions to maintain product quality, patient
safety and supply chain integrity," said Rick Seibert, SVP of Sharp Packaging, a leader
in pharmaceutical packaging, clinical trial supply services &
small-scale sterile manufacturing. "As a full-stack L1-L5 provider,
Systech leverages its solution to streamline data from all sites
and handles rework using a simple, cloud-based tool with no adverse
impact on production."
About Systech:
Systech provides digital identification and traceability
solutions that establish essential product data, ensure digital
connectivity, and enable real-time insights on the packaging line
and throughout the supply chain. With decades of experience in
pharmaceutical packaging execution and serialization, Systech
offers comprehensive, easily configured, turnkey software solutions
with reliable implementation and expert support. Global brands
across industries rely on Systech's platform to help them achieve
their objectives in compliance, resiliency, sustainability, and
digital transformation. Systech is a leading brand of
Markem-Imaje®, a global product identification,
packaging intelligence, and connected product solutions provider
and a part of Dover Corporation. Visit www.systechone.com for
further information.
About Markem-Imaje:
Markem-Imaje, a wholly owned subsidiary of the US-based Dover
Corporation is a trusted world manufacturer of product
identification and traceability solutions, offering a full line of
reliable and innovative inkjet, thermal transfer, laser, and print
and apply label systems. Markem-Imaje provides global reach to over
50,000 customers with 30 subsidiaries, 6 technology centers,
several equipment repair centers and manufacturing plants with the
most comprehensive marking and coding portfolio available in the
marketplace. Visit www.markem-imaje.com for further
information.
About Dover:
Dover is a diversified global manufacturer and solutions
provider with annual revenue of over $8
billion. We deliver innovative equipment and components,
consumable supplies, aftermarket parts, software and digital
solutions, and support services through five operating segments:
Engineered Products, Clean Energy & Fueling, Imaging &
Identification, Pumps & Process Solutions and Climate &
Sustainability Technologies. Dover combines global scale with
operational agility to lead the markets we serve. Recognized for
our entrepreneurial approach for over 65 years, our team of over
25,000 employees takes an ownership mindset, collaborating with
customers to redefine what's possible. Headquartered in
Downers Grove, Illinois, Dover
trades on the New York Stock Exchange under "DOV." Additional
information is available at dovercorporation.com.
Systech Contact:
Ameeta
Soni
(609) 395-8400
pr@systechone.com
Dover Media Contact:
Adrian Sakowicz, VP,
Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack
Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
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SOURCE Dover