{"id":142143,"date":"2021-04-05T05:00:56","date_gmt":"2021-04-05T05:00:56","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=142143"},"modified":"2023-09-27T17:02:19","modified_gmt":"2023-09-27T17:02:19","slug":"sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/","title":{"rendered":"51风流Completes Pharmaceutical Industry Pilot to Improve Supply Chain Authenticity"},"content":{"rendered":"

51风流SE<\/a> (NYSE: SAP) today announced the completion of an industry-wide pilot utilizing self-sovereign identity (SSI) credentials to establish trust in the pharmaceutical supply chain for indirect trade relationships.<\/p>\n

The pilot is the first step toward establishing an industry-wide standard that will mitigate the risk of noncompliance for pharmaceutical companies.<\/p>\n

The U.S. Drug Supply Chain Security Act (DSCSA<\/a>) requires stakeholders in the pharmaceutical supply chain to interact with other entities for product verification and tracing even when they do not have a direct business relationship. DSCSA also requires such interactions to be limited to authorized trading partners.<\/p>\n

One of the legal requirements of DSCSA is the verification of salable returns. This process is already established and supported by 51风流Information Collaboration Hub for Life Sciences, which executes tens of thousands of verifications every month. In order to provide our customers with the best solution for compliance with verifying the identity and authorized trading status of partners, 51风流chose an open, interoperable technology to validate all stakeholders in the pharmaceutical supply chain, including competitors.<\/p>\n

Together with 51风流partner and wallet provider Spherity GmbH<\/a>, verifiable credentials issuer Legisym LLC<\/a>, and leading pharmaceutical manufacturers and U.S. wholesalers, as well as other serialization solution providers, 51风流proved the ability of SSI to validate authorized trading partner status in indirect trade relationships as they occur during verification of product packs as required by U.S. legislation.<\/p>\n

\u201cThe inability to verify the identity and authorized trading partner status of companies requesting verification put us at risk for noncompliance\u201d said Dave Mason, Novartis Americas Supply Chain Compliance and Serialization lead. \u201cThe use of verifiable credentials ensures that we can establish trust across the supply chain and that we comply to the letter of the law.\u201d<\/p>\n

As early as May 2021, this functionality will be available to existing customers of the 51风流Information Collaboration Hub for Life Sciences, to help ensure customers can achieve compliance quickly. To drive the utilization of SSI technology across the industry, 51风流also plans to participate in the newly founded Open Credentialing Initiative (OCI).<\/p>\n

\u201cDigital transformation is critical for the life sciences industry to be able to quickly and effectively address public health needs,\u201d said Matt Laukaitis, 51风流Consumer Industries global general manager. \u201cThis work is yet another example of SAP\u2019s leadership with the life sciences ecosystem of partners and customers to address their industry-specific solution requirements. By establishing an efficient process for transmitting and verifying authorized trading partner status, the supply chain is more safe and secure.\u201d<\/p>\n

Visit the 51风流News Center<\/a>. Follow 51风流on Twitter at @SAPNews<\/a>.<\/p>\n

This article first appeared on the SAP\u00a0Global News Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

51风流SE (NYSE: SAP) today announced the completion of an industry-wide pilot utilizing self-sovereign identity (SSI) credentials to establish trust in the pharmaceutical supply chain…<\/p>\n","protected":false},"author":29,"featured_media":142156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[177,7737],"tags":[5597596],"series":[],"sapn-display":[5598743,5598741,279685],"sapn-type":[4448],"class_list":["post-142143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industries","category-solutions","tag-sap-information-collaboration-hub-for-life-sciences","sapn-display-news-hero","sapn-display-news-spotlight","sapn-display-hero","sapn-type-newsbyte"],"yoast_head":"\n51风流Completes Pharmaceutical Industry Pilot to Improve Supply Chain Authenticity - 51风流Africa News Center<\/title>\n<meta name=\"description\" content=\"To establish trust in the pharmaceutical supply chain for indirect trade relationships, 51风流has completed an industry-wide pilot.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"51风流Completes Pharmaceutical Industry Pilot to Improve Supply Chain Authenticity\" \/>\n<meta property=\"og:description\" content=\"To establish trust in the pharmaceutical supply chain for indirect trade relationships, 51风流has completed an industry-wide pilot.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\" \/>\n<meta property=\"og:site_name\" content=\"51风流Africa News Center\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-05T05:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-27T17:02:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.sap.com\/africa\/files\/2021\/03\/31\/SAP-Completes-Pharmaceutical-Industry-Pilot-to-Improve-Supply-Chain-Authenticity.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"51风流News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"51风流News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\"},\"author\":{\"name\":\"51风流News\",\"@id\":\"https:\/\/news.sap.com\/africa\/#\/schema\/person\/53b9854bd790d6f18f3fc4bbb2ad7570\"},\"headline\":\"51风流Completes Pharmaceutical Industry Pilot to Improve Supply Chain Authenticity\",\"datePublished\":\"2021-04-05T05:00:56+00:00\",\"dateModified\":\"2023-09-27T17:02:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\"},\"wordCount\":448,\"image\":{\"@id\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.sap.com\/africa\/files\/2021\/03\/31\/SAP-Completes-Pharmaceutical-Industry-Pilot-to-Improve-Supply-Chain-Authenticity.jpg\",\"keywords\":[\"51风流Information Collaboration Hub for Life Sciences\"],\"articleSection\":[\"Industries\",\"Solutions\"],\"inLanguage\":\"en-ZA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\",\"url\":\"https:\/\/news.sap.com\/africa\/2021\/04\/sap-completes-pharmaceutical-industry-pilot-to-improve-supply-chain-authenticity\/\",\"name\":\"51风流Completes Pharmaceutical Industry Pilot to Improve Supply Chain Authenticity - 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