SAP BUSINESS ONE IS THE BEST ERP IN THE PHARMACEUTICAL AND LIFE SCIENCE INDUSTRY
WITH OUR SAP B1 ERP SOFTWARE, STAY COMPLIANT, SAFE, AND AHEAD OF THE CURVE IN THE PHARMACEUTICAL AND LIFE SCIENCE INDUSTRY
The global pharmaceutical industry has made significant progress in recent years and has become one of the most important sectors of the healthcare economy.
Leading healthcare and pharmaceutical companies are implementing SAP Business One to improve the efficiency of business operations, increase employee productivity, and respond quickly to market demands.
Compared to other industries, the pharmaceutical industry faces numerous challenges. It must address these problematic challenges while also meeting rising expectations. Pharmaceutical companies rely heavily on data management.
They rely heavily on data collected throughout the supply chain process, especially in areas such as payment processing, production, customer orders, inventory activity, shipments, invoices, equipment maintenance, investments, and taxes.
A dedicated SAP Business One Add-on for Pharma enables businesses to meet their specific business needs, such as bulk storage and replenishment control, product development and specifications, shelf life and batch control, centralized and local purchasing, and quality compliance.
They can also gain immediate access to real-time data through analytical dashboards and reports, allowing them to make more knowledgeable decisions.
KEY FEATURES OF SAP BUSINESS ONE IN PHARMACEUTICAL AND LIFE SCIENCE INDUSTRY
Here are some ways SAP Business One ERP helps keep pharma companies compliant:
Batch tracking in WIP with yield reconciliation
ERP Software Run Master Batch work and place orders for finished goods and associated stages using SAP B1. Intelligently allocate resources or indirect costs on work orders, such as machine costs, process costs, labour, etc. Deliver timely projects, update work orders during production, and report required changes as they occur. Centralize all records; standard ingredient quantities are backflushed or recorded as complete.
Quality Management
Inspect the procurement and production processes. Manage quality parameters like product batch and loT quality. Generate labels like Sample, Quarantine, Under Test, etc. It involves working with complex data to generate a certificate of analysis for intermediate, raw materials, IPOQC, in-process inspection, and finished goods products. Downgrades with the help of SAP B1 quality test provisions for control and stability samples with Pharma ERP software.
Formulation & Packaging
Advance Planning and Scheduling support single and multi-level Bills of Material (BOM) to manage recipes and routings during production. Yield calculation and tracking (+/-) throughout production.
SAP Business One has multiple units of measure conversion capabilities. It also meets compliance requirements, allowing users to quickly define Overage%, Assay, and LOD against the Raw Material/Intermediate Product.
Documentation and Record Keeping
SAP provides tools for electronic documentation and record keeping, ensuring that all necessary compliance-related information is accurately recorded and easily accessible for audits or regulatory inspections.
Bi-Directional Material Traceability
Centralize all records, analyze opportunity pipelines, ensure quality control, and easily define the lot number of raw materials, intermediate products, and finished goods. Manage quality parameters and keep a constant tab on the expiration date against the lot number at the time of procurement and receipt from production. Quickly issue the inventory lots on a FEFO basis to the shop floor. Sustainable and profitable growth effortlessly traces the in-and-out process of the loT based on the loT number with ERP Pharma.
Streamline production and operations
Opportunity and Pipeline Management to perform batch planning and auto-creation of an intermediate production order. You can also perform a re-work process and stage-wise yield calculation, define routing/sequence for operations or stages, and help evaluate product costing and its calculation. With our industry solution, you can also manage and track formulation based on standards & additional requirements.
Barcoding & Scanning
Now, get accuracy in stock counting and inventory management and use batch and serial numbers in inventory tracking.
User Access Controls
SAP allows companies to manage user access permissions, ensuring only authorized personnel can access sensitive compliance-related data and perform relevant tasks. This helps prevent unauthorized modifications or data breaches that could compromise compliance.
Mobility & Analytics
Now, power your decisions by intelligently managing every aspect of your pharma business analytics features of SAP B1 and accessing them on any device, such as iPads, mobiles, desktops, etc.
Regulatory Updates
SAP continually updates its ERP solutions to reflect changes in regulations and industry standards. This ensures pharma companies have the latest tools to meet evolving compliance requirements.
BENEFITS OF SAP BUSINESS ONE FOR THE PHARMA INDUSTRY
- Regulatory Compliance
SAP Business One ERP for the pharma industry has built-in features to help pharmaceutical companies maintain strict regulatory compliance. It ensures that manufacturing, quality control, and distribution processes adhere to industry standards, minimizing the risk of non-compliance and potential legal issues. - Integrated Operations
The ERP system seamlessly integrates various departments within pharmaceutical companies, fostering real-time collaboration and data sharing. This integration enhances communication between research and development, manufacturing, quality control, and sales teams, leading to more streamlined processes. - Effective Quality Control
SAP Business One ERP enables stringent quality management throughout production. It assists in tracking and maintaining quality standards for raw materials, processes, and finished products, ensuring the safety and efficacy of pharmaceuticals. - Efficient Supply Chain Management
The ERP software optimizes the pharmaceutical supply chain by facilitating accurate demand forecasting, inventory management, and procurement processes. This reduces stockouts, minimizes excess inventory, and improves overall supply chain efficiency. - Enhanced Traceability
With batch tracking and serialization capabilities, SAP Business One ERP helps pharmaceutical companies track and trace individual batches of products. This is crucial for quality control, recalls, and product authenticity. - Data-Driven Decision-Making
The SAP B1 ERP system provides sophisticated analytics and reporting tools that offer insights into key performance indicators (KPIs), sales trends, inventory levels, and other metrics. These insights empower informed decision-making and enable companies to respond swiftly to market changes. - Cost Efficiency
SAP Business One ERP helps optimize resource allocation, reduces manual errors, and streamlines processes. This allows pharmaceutical companies to allocate resources more effectively and maximize profitability.
Pinnacle is a trusted partner for SAP Business One across multiple industry verticals. We fully adapt SAP Business One to your needs. Our professionals will assist you with all implementation aspects, including training, customization, and post-implementation support. We guarantee your move to SAP Business One will go as quickly as possible. Contact us to learn how SAP Business One can automate and optimize your pharmaceutical and life sciences activities.
