Supply Chain Wizard Ranked Among Fastest Growing Companies by NJBIZ Magazine in Annual “NJ Fast 50” List
Princeton, N.J. – Supply Chain Wizard – a leading full-service global
consulting firm specializing in serialization and traceability, as well
as supply chain strategy and operational transformation programs – has
been named among New Jersey’s Fastest Growing Companies by NJBIZ
Magazine. For Supply Chain Wizard, whose customers include
pharmaceutical brand owners, contract manufacturers & packagers,
wholesalers and third-party logistics providers, the recognition comes
as the company shifts focus from compliance-driven serialization and
track & trace initiatives to longer-term, comprehensive digital
solutions in a post-serialization pharma landscape.
NJBIZ Magazine’s annual “NJ Fast 50” list of Top 50 Fastest Growing
Companies honors New Jersey’s most dynamic businesses who progressively
contribute to the success of the state’s economic growth and stability.
For Supply Chain Wizard, the recognition is particularly significant
given the states’ deep roots in the pharmaceuticals sector, with several
major drug manufacturers and packagers operating facilities in NJ.
Headquartered in Princeton, Supply Chain Wizard has a global reach with
satellite hubs in Germany, India, Turkey and The Netherlands, and
consultants stationed around the world.
Though not yet five years old, Supply Chain Wizard has positioned
itself at the forefront of two distinct waves in the pharmaceuticals
industry. The first major push involved the industry’s efforts to
implement sector-wide serialization initiatives for improved product
tracking and security from counterfeiting. As major markets like the
United States and European Union underwent mandatory transformations
leading up to regulatory enactments (November 2018 in the US; February
2019 in the EU), Supply Chain Wizard made its name providing
supplementary solutions that utilized the troves of data generated by
track & trace systems. Exemplified by groundbreaking solutions like
its Overall Equipment Effectiveness (OEE) Tracker, the result was
real-time, data-driven decisions that helped pharma industry players
improve production efficiency and business practices.
With serialization mandates approaching, and therefore most solutions
in place, Supply Chain Wizard has largely shifted focus to offering
beyond-compliance strategies that, while continuing to utilize the
valuable metrics provided by serialization solutions, expand further to
include other aspects of manufacturing and supply chain management. In
addition to OEE Tracker, the company’s suite of Digital Factory
initiatives now include solutions to improve labor tracking, production
scheduling and recordkeeping & reporting, as well as consultative
services spanning Industry 4.0 initiatives like Internet of Things (IoT)
incorporation, artificial intelligence (AI), machine learning (ML) and
blockchain-based systems.
“Supply Chain Wizard helps our customers gain exposure to the
solutions and techniques involved in transforming traditional production
plants into digital factories,” said Evren Ozkaya, CEO of Supply Chain
Wizard. “It’s a means of harnessing technology to strengthen operations,
improve efficiency and productivity, and ultimately benefit
pharmaceutical patients by ensuring a safer and more expedient supply of
pharmaceutical products.”