Quality Packaging Specialists InternaTIonal (QPSI), a pharmaceutical and consumer packaged goods (CPG) packaging company, announced an alliance with digital factory and serialization technology supplier Supply Chain Wizard for digital transformation, hoping to collect, analyze, report and operate data. Digital technologies such as process improvement enhance the efficiency and productivity of the entire plant and create sustainable value for customers.
According to reports, in order to comply with regulations, market competition pressure, consolidation and new customer needs, end-to-end management of factories and supply chains needs to be more flexible, but to integrate connectivity and communication capabilities into the entire supply chain, manufacturers have to Investing in new technologies such as the Internet of Things (IoT) and data analysis.
QPSI's customers are mainly from the Fortune 500 industry in the pharmaceutical and CPG industries. Through a strategic alliance with the Supply Chain Wizard, QPSI is expected to achieve digital transformation and help clients improve efficiency and productivity with data-driven decision making. QPSI has plans to apply several new digital technologies to its plant network, as well as a 375,000-square-foot supply chain center of excellence in New Jersey.
In addition to IoT technology, the Supply Chain Wizard provides QPSI with an OEE Tracker that can reduce labor costs by improving the workflow, a production schedule that allows machine learning to analyze production constraints, and schedules for different targets, as well as the ability to line The digital record of the Digital Logbook.
The partnership between QPSI and the Supply Chain Wizard will initially focus on the transformation of digital factories. QPSI also plans to further leverage the supply chain capabilities of the Supply Chain Wizard to change the way the existing supply chain operates to maintain market competitiveness.
Evren Ozkaya, CEO of Supply Chain Wizard, said in an interview that using technology to strengthen the supply chain will be the key to innovation. On the other hand, if the industry is standing still, it will be left behind by other opponents. The Supply Chain Wizard tool simplifies project management and collaboration to help customers complete the digitalization of their supply chain.
Ozkaya believes that the Supply Chain Wizard and QPSI can provide the best implementation model for every vendor that wants to engage in digital transformation.
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