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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe. The firms’ trade compliance teams must not only engage with all these processes but ensure they are aligned with ever-increasing regulations, which can differ notably from country to country.

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IT leaders: check out how 2D barcodes and RFID are reinventing retail

CIO

The retail landscape has undergone massive shifts in recent years to adopt self-checkout systems. Brands and retailers have been working diligently to create and roll-out standardized 2D barcodes on product packaging that’ll work seamlessly at check-out registers. But is this the beginning of the end for self-checkouts?

Retail 197
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NLP helps Eli Lilly work at a global scale

CIO

With more than 30,000 employees spread across more than 60 affiliate locations and 14 manufacturing sites around the world, pharmaceutical company Eli Lilly operates at a truly global scale. Once improved, we had to work diligently to ramp up our [organizational change management] efforts to gain confidence in the tool.”.

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BluePallet raises $5M to take its chemical industry marketplace global

TechCrunch

The chemical industry is not considered a sexy one, but it supports many other sectors that we all depend on, such as the manufacturing of everyday consumer products, pharmaceuticals and agriculture. It claims that it’s able to give buyers and sellers more control over their supply chain.

Chemicals 240
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The rise of the data lakehouse: A new era of data value

CIO

The giant pharmaceutical chain had put its lakehouse in place to address just such challenges in its quest, to, as Guadagno puts it, “To get the right product in the right place for the right patient.”. Many organizations, however, are finding this paradigm of relying on two separate systems of insight untenable. And he’s not alone.

Data 210
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Backbone nabs $14M for supply chain software inspired by mesh networks

TechCrunch

” Backbone, which initially engaged with cannabis and hemp suppliers, tracks production compliance, yields, and audit reporting data in one place. . “[We’re] looking to expand Backbone’s … group of certified vendors who can work together to ensure businesses always have reliable vendors,” Patil added.

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Weighing risk and reward with gen AI vendor selection

CIO

So the top questions that go beyond the usual due diligence that companies must ask when evaluating generative AI vendors have to with training data, copyright, added value, and model independence. Data privacy, security, and compliance For Rich Products, data protection, responsible AI, and trustworthy AI are critical.