Barcoded data capture validates inventory transactions that eliminates employee interpretation, inefficiencies and errors. While organizations initiate ERP projects for a variety of reasons, a substantial return on investment (ROI) is a motivation for most, if not all, organizations. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Improving supply chain traceability, quality control and regulatory compliance is why Sage X3 is ideal for pharmaceutical ERP. Your pharmaceutical company needs the right enterprise resource planning (ERP) solution to meet changing regulatory expectations and to achieve the efficiencies in supply chain management that drive productivity. Sage X3 ERP for pharmaceutical manufacturing also takes product variations into account.
While receiving the potency managed product you can enter the Potency Percentage of the particular product from the lot compliment screen which you can access by right-clicking on the detail lines. Choose SynergERP as your trusted partner to embark on a transformative journey where technology propels your business what is sage x4 to new heights. With our proven excellence, esteemed partnerships, and global reach, we’re dedicated to driving your financial and operational success through unparalleled technological solutions. Remember to discuss with SynergERP any integrations and automations you may require with other systems.
Features of Pharma ERP Software
Gain end-to-end control of your business processes with this intuitive financial, supply chain and production management solution. Manufacturing delays are costly, as they result in lost sales, dissatisfied customers, and wastage due to expiring products. With the MRP functionality available within many pharmaceutical systems, you will be able to set a production schedule in advance.
You can track when a batch was completed, which will in turn allow you to manage shelf life and expiration tracking. Mandatory government regulations make product traceability essential for pharmaceutical companies. Therefore, pharma companies must maintain a detailed record of all product transactions, including historical purchases.
Collectively, these tools provide your pharma company with the necessary details to optimize supply chain operations and traceability. Sage X3 manages and monitors all critical processes for transparency, simplicity, and speed. A Pharmaceutical
industry is constantly bestowed with responsibilities of discovering, developing, producing drugs for the welfare of mankind. Considering the present situation, it has become a challenge for Pharma giants to come up with a possible vaccine to defeat COVID-19.
Sage X3 can handle your entire product lifecycle, from conception through approval through manufacturing. If you’re not in a position to implement a fully comprehensive solution, you still have options to fill the gaps. There are many add-on products designed to extend the functionality of existing systems to handle specific tasks like R&D management, compliance tracking, or quality control. Without these in place, inventory shortfalls cause production delays which result in expedited (inbound & outbound) shipping fees, late shipments, poor customer satisfaction and ultimately lost sales.
Title 21 CFR Part 11 Management & General Compliance Management
Now Sage X3 will allow users to create a product with Potency Management and also enter the potency percentage in the product. In a Pharmacology industry Potency management of the product is one of the most important factors to be considered. In the field of pharmacology, potency is a measure of drug activity expressed in terms of the amount required to produce an effect of given intensity. Sage X3 is an efficient ERP system where all data can be accessed via cloud storage. Sage X3 was explicitly designed for midsize businesses, with all the benefits of complex ERP systems and the ability to scale.
They can dispatch them to the required distribution centre or arrange for a pick-up by wholesalers or retailers. Moreover, you can also create various tabs in the dashboard, such as promotional goods, near-to-expiry, samples, expired material, and many more. Governments worldwide are coming up with stringent regulations to monitor pharmaceutical companies. And if you fail to adhere to compliances, you may attract massive fines or risk shutting down your company.
Top Industries We Serve
It also reduces hazardous medical waste possibility as each step is measured accurately thus, increasing optimization. With a team of developers and certified consultants working across continents, SynergERP offers support on an international scale. SynergERP will ensure that our industry knowledge, employee expertise, and cutting-edge technology solutions work harmoniously to elevate your business operations and customer satisfaction.
- Collectively, these tools provide your pharma company with the necessary details to optimize supply chain operations and traceability.
- Why bother gathering data if you don’t have the ability to produce actionable information from that data?
- You may have other requirements depending on your specific needs, but that list should get you started.
- As a distinguished Sage Platinum Partner since 1993, we’re strongly aligned with Sage, keeping up-to-date with the latest technology.
- ERP software for pharmaceutical manufacturing helps modern-day pharma companies deal with numerous challenges they face.
- Inventory accuracy provides confidence throughout product planning, production, and fulfillment and minimizes disruptions that absorb additional costs.
Many Pharmaceutical and Nutraceutical companies are facing rapid expansion with experts predicting that the industry will continue to grow to $1.5 trillion by 2023. Consumer buying habits point to increased demand for nutritional supplements, alternative treatments (including medicinal marijuana), and generic prescriptions https://www.globalcloudteam.com/ to prevent illness and manage symptoms. It sounds like a good problem to have, but unforeseen spikes in demand can be detrimental to companies that aren’t agile enough to keep up. We combine our expertise with accounting skills and systems experience, tailoring our services and solutions to satisfy your technology needs.
Real-time Supply Chain Traceability
Building robust and long-lasting customer relationships is crucial for companies across industries. But for that, pharmaceutical companies require massive data repositories to formulate competitive price quotes. Without Pharma ERP, it becomes challenging to collect customer segments based on geographic, demographic, psychographic, and behavioral data. Accurate costing and the ability to estimate costs are directly impacted by inventory precision.
When solid converts into liquid or vice versa, its size, volume, area, potency, and other characteristics change. Sage X3 maps different Units Of Measure (UOM) with appropriate costs across the entire manufacturing schema and make measurements convenient. Also, in order to help minimize the risks of a product recall, Sage ERP X3 provides complete forward and backward lot traceability. A full audit trail and archive of historical transactions is maintained for multi-year periods. The fully integrated quality control process rigorously enforces inspections to required characteristics, operational tolerances or expected results.
MUST-HAVE ERP FEATURES FOR THE PHARMACEUTICAL INDUSTRY
As a pharmaceutical manufacturer, you have needs in addition to the basic customer management needs of any company. For instance, if you have a customer that is requesting the same item for the same application, they may require that the product come from the same lot as the previous order. Requests of this variety can be tricky to accommodate; empowering sales personnel with integrated CRM modules that provide strong visibility into order histories is extremely beneficial. Process Manufacturing – One of the important functions in a Pharma company is the manufacturing of medicines.