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Honeywell Presents AI-Assisted Recall Software

Honeywell TrackWise Recall Management streamlines recall processes while enhancing regulatory compliance and consumer safety.

  www.honeywell.com
Honeywell Presents AI-Assisted Recall Software

Honeywell introduced TrackWise Recall Management, a cloud-based artificial intelligence (AI)-assisted platform that redefines how life sciences manufacturers proactively manage product recalls in order to improve patient safety and minimize business impact of these events.

In the first quarter of 2024, medical device and pharmaceutical recalls increased by 13.8% quarter-over-quarter to 296 recalls, impacting countless patients who rely on high-quality, life-saving products daily.i These recall events can cause financial and reputational implications for life sciences companies if not solved in a timely manner. To help manufacturers effectively navigate recalls, TrackWise Recall Management is designed to enable organizations to quickly address and manage recalls from first signal through final resolution, transforming the process with streamlined protective measures for companies and their patients.

TrackWise Recall Management can significantly reduce recall impact by more accurately bounding the recall of affected batches. It can also reduce execution time from weeks to minutes by replacing manual spreadsheets with automated workflows, helping to reduce downtime traditionally caused by these large-scale events. By integrating data across systems and departments, the platform enables manufacturers to leverage real-time monitoring of regulatory compliance and helps them to streamline communications among stakeholders during crucial moments of decision-making.

TrackWise Recall Management combines flexible signal detection, decision and execution capabilities with regulatory reporting that can be adapted to meet the specific needs of each manufacturer. The solution integrates with existing systems to enable real-time visibility across product suites to help life sciences organizations make informed, data-driven recall decisions that put patient safety first.

www.honeywell.com

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