ERP software system in Pharmaceutical Industry

Pharmaceutical-specific ERP (Enterprise Resource Planning) software system is the most effective way to identify and track every single raw material from receipt through processing, packaging and shipping, to the exact customer location. If that is the case then what prevents from many small and medium Indian enterprises keeping away from implementing this effective tool.

The advantage of ERP software for pharmaceutical manufacturers are that it can effortlessly track lot properties while optimizing and improving other business processes like batch production, sales functions, inventory control, purchasing, quality assurance, accounting and financials, regulatory reporting etc.

It has been proved beyond doubt that implementation of ERP systems not only gives more transparency to your business process but also it allows your business to operate more efficiently, predictably and more profitably. Implementing an industry-compatible ERP system will not only meet the traceability requirements, but also seamlessly link all departments, resulting in streamlined operations, maximized productivity, and increased profitability.

While choosing an ERP system you should consider both its ability to track every raw material from receipt through finished product delivery, and its adaptability to your unique manufacturing process.

Despite these benefits of ERP software system, there are still many small and medium companies who are relectant to implement an ERP system. The main reason for this attitude is attributed to the cost factor. Though we do not deny the fact that implementation of an ERP system can consume a substantial amount, there are many other options to overcome this. Today there are Cloud ERP, and SaaS ERP (Software as a Service) systems are available in the market which is affordable to everyone. You may write to us for more information on this facility.


Pharma ERP Benefits

    It improves GMP compliance: SOP adherence, operator skill set qualification, activity dependency, less operator errors, accurate batch documentation.
    ERP reduces operational costs and saves time.
    It lowers paper archiving requirements: less storage, less people.
    Pharma ERP improves product quality: by enabling people to respond more quickly to problems, the process control limits can be tightened; this enables the manufacture of drug ingredients or products more consistently (with less waste & higher yields)
    It enables better decision-making: managers have visibility to real-time & accurate information (integration of all data into a common framework)

SaaS Model ERP

    The Software-as-a-service (SaaS) model eliminates many of the barriers that keep companies from implementing or upgrading their software. Some of the benefits include:
    Simplified implementation enables faster time to “go-live”
    No hardware costs, software to upgrade or systems to maintain
    Affordable subscription pricing

For more information : http://pharma-erp.in/pharma-erp-news.html

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