Pelican BioThermal, the global name in temperature controlled packaging, is celebrating the five year anniversary of Crēdo on Reserve, its long-term rental program for the cold chain pharmaceutical distribution industry.
Crēdo on Reserve, which uses passive Crēdo Cube shippers, is geared toward pharmaceutical manufacturers with long-term and more predictable usage needs.
Unlike the company’s Crēdo on Demand rental service, which offers daily and monthly rental rates, Crēdo on Reserve offers Pelican BioThermal customers dedicated inventory for longer rental periods.
Pelican BioThermal worldwide sales vice president Kevin Lawler said: “We’re extremely proud of the five years we’ve offered Crēdo Cube shippers to meet global customer needs through Crēdo on Reserve.
“No other provider of temperature controlled packaging offers a similar program that has the fleet of dedicated inventory, years of experience and worldwide infrastructure that Pelican BioThermal provides and has provided for five years.”
Crēdo on Reserve customers pay for a minimum number of trips during that period and a fixed rate on any trips beyond the minimum.
This flexibility gives end users the always-available benefit of dedicated passive temperature controlled shippers, combined with the benefit of replacing large capital costs with more manageable monthly operating costs.
“Pharmaceutical manufacturers prefer to focus on their core competencies of maximizing patient health, rather than building complex logistics and distribution systems,” continued Lawler.
“Our Crēdo on Reserve program is designed to give manufacturers maximum flexibility without the headache of managing reverse logistics, refurbishment, conditioning and the upfront investment in temperature-controlled shippers.”
The Crēdo™ on Reserve program includes Crēdo ProEnvision, a robust web-based asset management and optimization tool that provides real-time tracking and tracing of individual Crēdo temperature-controlled shippers throughout the entire distribution cycle.
Pelican BioThermal is a division of Pelican Products, Inc., which is a portfolio company of Behrman Capital, a private equity investment firm based in New York and San Francisco.
Source: Company Press Release