There’s always been a lot of buzz around ERP and the value it can render to your Pharma business. There are several processes, activities and systems which needs to be streamlined. Abundant workflows and processes that may or may not be properly utilized or acknowledged and a variety of departmental applications and databases that are not well-integrated and operate in silos.
A manual approach may have worked in the past but in today’s dynamic industry, it can hamper profitability, future growth and sustainability. In this scenario, businesses must operate as lean as possible to better compete and deliver innovative new products, services, and processes.
Here are the quick benefits that Pharma companies can look out for in an ERP.
- Manageability of multiple manufacturing units/branches
- Work station master & Management
- Manage Machine Groups through Work centre
- Standard mapping of operations with Work centre
- Weekdays based operation Management
- Possibility of routing & defining a sequence for Operations
- Automatic BMR / BPR Generation
Apart from these, there are a few more benefits that we would like to focus on.
- Asset Management
As in any other industry, infrastructure and assets are extremely important for this industry too. These assets, be it machines, delivery vans or storage compartments need to be functioning at their best. Sudden breakdowns cannot be accepted since they can disrupt the entire manufacturing process and affect the bottom line. With SAP Business One, you can manage your assets along with planning for downtimes and maintenance. The software helps you take care of your assets to the optimum.
2) Purchase and Inventory
You can now manage and keep a record of purchase details for all your branches and distribution facilities with SAP Business One. This helps the accounts team to work proactively. Further, with interactive dashboards and easy navigations, the management can gain a deep insight into revenue data from anywhere and any device. Likewise, inventory can be managed hassle-free from anytime and anywhere. With automatic BMR generation, you can keep a record of your repository almost accurately.
3) Compliance
For every industry, it is imperative to stay compliant with certain regulations. SAP Business One helps you to stay compliant by integrating all the critical processes of quality, inspecting, supervising and reporting.
4) Real-Time Reports
Generate sales order, MIS reports, customer care report, finance report etc. from anywhere and any device. With the interactive dashboard, you can get actionable insight, all with a few clicks only. With ERP software for Pharma, companies have access to all the information they need, which helps them to quickly solve problems with respect to raw materials, supplies and in Pharma, quality control and packaging.
So, it means that bringing in an ERP will bring major benefits to your Pharma business. It helps the leaders to stay agile and be responsive to the overall needs of healthcare business. Since, health is directly associated with the drugs so it becomes all the more important to invest in an enterprise-ready ERP.
To monitor the profitability of your Pharma business in real-time and mitigate all your business and technology challenges. SAP Business One is empowering Pharma companies to meet higher expectations on profitability, quality, compliance, reliability, traceability, and predictability.
