TraceLink Inc. Company Research Report
Company Overview
Name
TraceLink Inc.
Mission
To digitalize the end-to-end supply chain to enhance patient health by securing timely access to medicines through intelligent orchestration via a digital platform.
Founding Details
- Founded: Originally as SupplyScape in 2003
- Transformation: Became TraceLink in 2009
- Founder: Shabbir Dahod
Key People
- President & CEO: Shabbir Dahod
- Chief People Officer: Nick Camelio
- Chief Operating Officer: Paul Cianciolo
- SVP, Supply Network Products: Lucy Deus
- SVP, Cloud and CIO: John Kordash
- Chief Financial Officer: Mike Mozzer
- SVP, Global Customer and Network Success: Lisa Reinhold
- Chief Technology Officer and SVP of Platform: Bob Sturim
- SVP, Global Sales: Benoit Eymard
Headquarters
- Location: Wilmington, Massachusetts, USA
Number of Employees
- Employees: 800+ globally
Revenue
- No information is available
Known For
Providing a digital network platform which facilitates end-to-end supply chain orchestration by connecting more than 291,000 healthcare and life sciences entities.
Products
Product Offerings
1. Multienterprise Information Network Tower (MINT)
- Purpose: Facilitates end-to-end digitalization of supply chains, enabling full visibility and collaboration across all partners.
- Key Features:
- 100% partner integration via B2N Integrate-Once™ model
- Seamless real-time information integration into ERP systems
- Elimination of onboarding costs
- Orchestration capabilities across multiple supply relationships
2. Product Availability Intelligence (PAI)
- Purpose: Predicts drug shortages up to 90 days in advance leveraging AI and machine learning.
- Key Features:
- High prediction accuracy
- Ensures medication availability by anticipating shortages
- Supports cost-effective alternative sourcing strategies
3. OPUS Platform
- Purpose: Provides a no-code, drag-and-drop environment for supply chain solution development.
- Key Features:
- Enables creation of multienterprise supply chain solutions
- Offers comprehensive end-to-end digitalization capabilities
- Accessible through a fully open ecosystem for partners
Other Products
- Digital Recalls
- Supply Chain Work Management
- U.S. DSCSA Compliance
- Serialization and Global Compliance
Recent Developments
Recent Innovations and Launches
- Release of Amadeus: A generative AI assistant to accelerate digitalization of supply networks.
- Magnum Release of OPUS Platform: Offers no-code network digitalization enhancements.
- Introduction of AI-Powered Predictive Analytics: Enhances supply chain orchestration and forecasting.
New Product and Feature Launches
- Opus Reports and Dashboards: Introduces real-time visibility and insights from supply networks.
- No-Code Environment for Multi-Enterprise Solutions: Facilitates user-friendly solution development.
- AI-Powered Supply Chain Orchestration Agents: Set to improve real-time business performance.
New Partnerships
- Expansion and enhancement of partner network through structured program initiatives enabling comprehensive supply chain digitalization.
Awards and Recognition
- 2024 Merit Award for Technology in HealthTech Category:
Recognized for transformative healthcare technology offerings.
- 2023 Pharma Innovation Award for:
Recognized innovations in digitalizing pharmaceutical supply chain processes.
- Predictive Analytics Solution of the Year by SupplyTech Breakthrough:
For the Product Availability Intelligence solution.
Conclusion
TraceLink Inc. continues to secure its position as a leader in pharmaceutical and healthcare supply chain digitalization with innovative platforms and technologies that ensure medication availability, compliance, and enhanced operational efficiency across its vast network.
