How Pharmaceutical companies leverage LTL to get life-saving medicine to their consumers

Transcript

How Pharmaceutical companies leverage LTL to get life-saving medicine to their consumers

There are nearly 29,000 pharmacies in the United States. Millions of Americans depend on them, along with thousands of other healthcare facilities, to provide life-saving pharmaceuticals. It requires a robust supply chain to make sure these medications get where they need to be when they need to be there. This can be challenging, particularly when you consider that most medications have expiration dates and often need to be kept within a certain temperature range in order to prevent spoilage.

The unpredictable nature of healthcare needs, not only what conditions are required to be treated but also what parts of the country may be more affected by a particular outbreak or a seasonal illness, makes planning difficult. If a community suddenly requires a certain medical treatment, whether it be a vaccine, medication, or medical device, it is essential that the necessary pharmaceuticals get there as quickly as possible. Sometimes, this will require shipping before an entire truckload can be filled. Agility is needed to respond to these situations as they arise.

Why LTL shipping is the answer

In the world of logistics, one of the most flexible solutions to move freight as soon as it is ready to go is less-than-truckload (LTL) shipping. The just-in-time product delivery capability it offers can keep pharmacies and other medical providers stocked without needing to wait until an entire truckload’s worth is produced. Because most medicines have an expiration date, this agility is especially important.

Rather than filling an entire truckload with a single shipper’s goods, LTL shipping combines freight from multiple shippers, consolidates it, and combines it all into a single truck. Individual shippers only have to pay for the capacity that their freight occupies. In this way, companies can more quickly and efficiently transport their products where they need to be, an important factor to be considered when moving pharmaceuticals. Additionally, because they do not have to pay for an entire truckload when all of the space may not be needed, it can save money.

The benefits of LTL shipping offer an effective option for the pharmaceutical industry to make sure communities have the life-saving medications they need. With Koho, companies can find the best carriers and the best rates to make sure our pharmacies are well stocked. Get a quote today at gokoho.com.

Image of trucks lined up in a parking lot

How Pharmaceutical companies leverage LTL to get life-saving medicine to their consumers

There are nearly 29,000 pharmacies in the United States. Millions of Americans depend on them, along with thousands of other healthcare facilities, to provide life-saving pharmaceuticals. It requires a robust supply chain to make sure these medications get where they need to be when they need to be there. This can be challenging, particularly when you consider that most medications have expiration dates and often need to be kept within a certain temperature range in order to prevent spoilage.

The unpredictable nature of healthcare needs, not only what conditions are required to be treated but also what parts of the country may be more affected by a particular outbreak or a seasonal illness, makes planning difficult. If a community suddenly requires a certain medical treatment, whether it be a vaccine, medication, or medical device, it is essential that the necessary pharmaceuticals get there as quickly as possible. Sometimes, this will require shipping before an entire truckload can be filled. Agility is needed to respond to these situations as they arise.

Why LTL shipping is the answer

In the world of logistics, one of the most flexible solutions to move freight as soon as it is ready to go is less-than-truckload (LTL) shipping. The just-in-time product delivery capability it offers can keep pharmacies and other medical providers stocked without needing to wait until an entire truckload’s worth is produced. Because most medicines have an expiration date, this agility is especially important.

Rather than filling an entire truckload with a single shipper’s goods, LTL shipping combines freight from multiple shippers, consolidates it, and combines it all into a single truck. Individual shippers only have to pay for the capacity that their freight occupies. In this way, companies can more quickly and efficiently transport their products where they need to be, an important factor to be considered when moving pharmaceuticals. Additionally, because they do not have to pay for an entire truckload when all of the space may not be needed, it can save money.

The benefits of LTL shipping offer an effective option for the pharmaceutical industry to make sure communities have the life-saving medications they need. With Koho, companies can find the best carriers and the best rates to make sure our pharmacies are well stocked. Get a quote today at gokoho.com.

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