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Pharma cos must change their business processes

Sudheer Nair
Wednesday, June 19, 2013, 08:00 Hrs  [IST]

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.

What we ask our friends from the pharmaceutical industry is, are you continuously changing your business processes? We further emphasis here that, to survive in this highly competitive business environment, pharmaceutical organizations must change their business processes and it is no secret that to sustain in this competitive world an ERP system helps a lot.

It is not a surprise that pharmaceutical industry require the right ERP system support to produce enhanced pharmaceutical products. The right ERP system streamlines procurement of raw materials, reduces procurement and delivery cycle times, tracks receivable and payments to suppliers for managing credit facilities.

ERP helps a company to oversee every area of its business without the necessity for separate software packages or expensive customization. The prime benefits of ERP system is it reduces operational costs and saves time. Thus it is a decision support tool for management analysis and a collaborative portal for supply chain management.

As the enterprise resource planning software became a key component for pharmaceutical companies to integrate their entire business processes, we have developed an affordable and effective system to suit the need of small and medium sized companies in the sector. In the pharmaceutical sector, the present regulatory requirements focus on better product and process understanding as well as elimination of risks critical to patients and consumers. These challenges are efficiently addressed by integrated approaches offered by eresource ERP system which not only provide better control over their business processes, but also help them in manufacturing products as per cGMP requirements.

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 business processes but also it allows  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. ERP is designed with operational efficiency in mind. Operational efficiency requires a system that addresses every aspect of your business. It helps to cut costs, enables quick market presence of the product, improve customer relation and comply with regulations.

The web-based eresource ERP system for pharmaceutical is a big hit among the big as well as medium and small scale companies in this sector alike. eresource ERP systems integrate and automate the main functionality of an organization thereby facilitating the flow of information among the different functions of an enterprise. The system also permits information sharing across the whole organization.

Web-based ERP system has been developed to support all major pharmaceutical and health care business operations. The system has been incorporated with many advanced individual modules that could take care of functioning of every department efficiently.

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

Quality Management must be the top priority of a pharmaceutical company. Quality tops the priority list as far as any pharmaceutical company is concerned. Keeping this in mind, eresource ERP has been designed in unique style. Quality Control department with its integrated sophisticated Quality Control Module which not only monitors quality by control plans in purchasing and production but also provides real-time process capability index for quick review.

Implementation method also plays an important role in success of eresource ERP for pharmaceutical industry. Successful implementation requires a structured methodology. The method should be people and process-focused. This is the best way to manage the risk effectively. A good methodology of ERP implementation process covers all the bases. Therefore if there is anything unexpected pops up the user will be able to handle these problems without any negative consequences.

ERP is the future and it has become essential in the business world especially in the sectors like pharmaceuticals. This is because ERP brings information classified and simplified to those who have to make decisions. And that itself makes the difference. We would also like to remind our potential customers that Web-based eresource ERP system for pharmaceuticals is a more flexible, affordable and reliable ERP system available in India today.

An ERP system is designed to give end-users access to specific information, data that can come from both internal systems or from other data sources, and is designed to allow customers, suppliers and employees, access to role specific records.

ERP software solution provides a compelling gateway of information to users who need to carry out their jobs more effectively and assist them with decision support. It make use of a personalization paradigm to allow each user's experience to be tailored to their specific role by filtering out information overload.

Real-time access to data and an easy to use interface make ERP solutions an integral part of business strategy by providing a collaborative environment. Information is available to all stakeholders, from employees to customers and suppliers, enabling smoother transactions, a higher velocity in decisions and faster turnarounds.

(The author is the CEO of eresource Infotech Pvt Ltd., one of the leading enterprise solution companies in India)

 

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Ganesh Shenoy Jul 3, 2013 1:07 AM
Great job ! I'm sure pharma co's will have much more with ERP in the long run...

 
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