UK-based software provider to the life science industry, Veratrak, has announced a collaboration with BOMI Group.
BOMI Group operates in the field of logistics and management of advanced technology healthcare products, offering clients a wide range of tailored services: warehousing, temperature-controlled transport, Home Care solutions and other valued-added services in the supply chain of the healthcare sector.
The company has joined the Integrated Warehouse Project to leverage the industry-wide collaboration platform and move away from peer-to-peer (P2P) messaging between pharmaceutical companies and logistics partners. BOMI Group will benefit from Veratrak by connecting to the Integrated Warehouse Hub to facilitate better data transfer between it and its HLS partners.
The Integrated Warehouse is a cloud-based hub, backed by blockchain technology and is the first ever HLS-LSP decentralized data exchange platform. Blockchain technology will be used at participating organizations to verify data coming into the Integrated Warehouse message hub, thereby creating a single and irrefutable source of truth for all messages that are shared between Healthcare & Life Sciences (HLS) companies and Logistics Service Providers (LSPs).
Felipe Morgulis, COO at BOMI Group, said: “We are excited to collaborate with Veratrak and participate in this cross-company collaboration that will streamline our operations and allow for easier integration with our clients.
“We chose to partner with Veratrak as the Integrated Warehouse Project will provide us the ability to reduce the time required to onboard new customers and leverage anonymized data captured across all participating companies.
“We are eager to work with Veratrak and the other companies involved and reap the benefits of the Hub and believe we are better positioned now to reach our sustainability goals, optimize our supply chain operations and provide better service for our HLS clients.”
Jason Lacombe, CEO of Veratrak, said: “We are thrilled to welcome BOMI Group to the Integrated Warehouse Project. We are excited to work with BOMI group and help the company work more efficiently and increase its visibility while capturing data exchanged across its supply chain.
Veratrak offers solutions purpose-built for the life science industry and is being continuously developed by industry experts, enabling the firm to provide digital solutions that solve unmet market challenges.
