Information Quality Issues in the Identification and Tracking of Drugs within the Pharmaceutical Industry
This contribution examines solutions how Information Quality (IQ) dimensions as a framework along with Radio Frequency Identification (RFID) and the Electronic Product Code Information System (EPCIS) as tools may improve needed drug trackability and traceability capabilities in the pharmaceutical industry (PI). For years counterfeit drugs have been impacting the industry and putting patients' health in danger. We analyze applications, methods and practices in the improvement of the quality of drug tracking and tracing. The potential of IQ, RFID, EPCIS and related applications and technologies suggest and design corresponding information and materials flows. This research presents examinations, reviews and recommendations and utilizes two theoretical frameworks: Transaction Cost Theory and Collective Action Theory. This setting may be viewed as a large, complex and international web of corporations, legislation, regulatory efforts, compliance regimes, manufacturers, wholesalers, pharmacies, importers as well as rapidly advancing technologies and applications.