Why the TraceLink and Tecsys partnership matters

September 10, 2024 - Research Y141

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On August 1st, 2024, TraceLink, a supply chain network solutions provider, announced a partnership with supply chain management vendor Tecsys to increase network visibility across the pharmacy supply chain. This partnership integrates TraceLink’s network of over 339,000 connections comprising of distributors, contract manufacturers, healthcare systems, suppliers, logistics service providers, retail pharmacies, and life sciences companies with Tecsys’ Elite warehouse management systems (WMS) and pharmacy inventory management system (PIMS). Nucleus expects this partnership to reduce annual compliance-related expenses for healthcare organizations by up to 15 percent.

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