Important Facts About ERP Software for Pharmaceutical Industry

In this quest, an ERP Software for Pharmaceutical Industry comes to their rescue, as it helps them impeccably link all the departments, and integrate all the internal processes. As a result, pharma manufacturing businesses operate more efficiently and profitably.

• It ensures data security: Just like for any other manufacturing business, data security is crucial for pharma manufacturers as well. Whether it’s regarding formulation, material substitution, sensitive reports, or even the customer order details, data security is of paramount importance. Pharmaceutical manufacturing software boasts an array of security features such as access controls, data encryption, audit trails, and electronic signatures and passwords, among others.

• It ensures production as per cGMP norms: A pharmaceutical manufacturing software ensures production is carried out as per the cGMP (Good Manufacturing Practice) norms. The complete material movement is controlled through lot statuses. Quality tests are applied at all major points of the supply chain right from material receipt from the vendor, its entry in the warehouse, issue to production, converted to intermediates or finished goods, and finally while shipping to production. This ensures only the right quality material is moving along the supply chain, hence following GMP.

• It gives real-time access to information: In the pharma industry, changes may happen at a rapid rate. The companies must be equipped enough to respond to the changes on time, or else be prepared to lag behind the competitors. ERP implementation in pharmaceutical companies ensures that manufacturers get real-time access to critical information through powerful reporting tools. This way, the manufacturers can make the right decisions at the right time, and keep driving the business growth.

• It provides commercialization support: The life of pharma manufacturers is pretty difficult. They work really hard to research and develop a drug, and even harder to get approval for the same. Once they do get the approval, the preparation for its entry into the market begins. The manufacturers need a system that can manage these complex, multi-layered processes involved in launching a product. And that system is a pharmaceutical manufacturing software, which supports all the processes such as manufacturing, sales and marketing, production planning and quality management, among others. It ensures they work in full cohesion with each other ensuring real-time availability of data and approvals, speeding up processes, and eliminating costly delays involved in placing your products on the shelves before your competitors.

In sum: If you are into a pharma manufacturing business, and want to know how a pharma ERP can help you, this blog should be of good help. By understanding the absolutely mind-numbing facts about the pharmaceutical manufacturing software, you now know how important ERP implementation in pharmaceutical companies is.