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Digital Transformation for Pharmaceuticals & Life Sciences
The Pharmaceutical industry now witnesses phenomenal growth driven by the rising demand levels in the world and strong demand from export markets. Volatile markets & stringent laws as well as cost-cuts force Pharmaceutical and Life Science companies to be able to adapt quickly & pivot fast to stay relevant.
The burden of record-keeping in this FDA regulated industry is considerable. The maintenance of manual records for GMP relevant data (open/good manufacturing practice as established by GAMP-5) is costly to execute, review, approve, store & maintain.
Today’s innovative pharma & life sciences businesses need to digitally transform to reduce this burden. At VC ERP, we offer and implement end-to-end Digital Transformation such businesses.
The quickly growing and competitive Pharmaceutical and Life Science industry has multiple domains – each operating on different processes and objectives than the other. At VC ERP, we have 20+ years of industry-specific expertise with certified consultants and advisors who have worked on multiple Pharmaceutical Industry domains.
ERP Solutions Available for Pharma Industry Domains
Pharmaceuticals & Life Sciences Industry demand a sophisticated comprehensive business management solution that offers a holistic advantage.
These are the SAP ERP solutions we offer for this Industry
SAP Business One (On-Premise & Cloud) | SAP Business ByDesign (Cloud) | SAP S/4HANA (On-Premise & Cloud)
Digital Transformation for Pharma Domains
VC ERP Consulting has extensive experience & expertise in ERP implementation for these industry domains in Pharmaceuticals & Life Sciences Industry
Active Pharmaceutical Ingredient (API) Formulation
Active Pharmaceutical Ingredient (API) Formulation
API Formulation Manufacturers are dealing with controlling costs, addressing increasing pressure to reduce waste, adhering to strict safety and quality standards
Bulk Drug Manufacturing
Bulk Drug Manufacturing
Bulk Drug Manufacturers need to address increasing pressure to reduce eco-waste, manage the by-products while countering tough competition
Packaging for Pharma & Life Sciences
Packaging for Pharma & Life Sciences
Packaging for the Pharma & Life Sciences comes with manufacturing challenges such as need for detailed lot traceability, accurate part labeling and production flexibility
Ayurvedic & Herbal Products
Ayurvedic & Herbal Products
Global demand of Ayurveda & Herbal Products has increased challenges & need for standardization right from procurement to production to end-customer delivery
Beauty & Cosmetics
Beauty & Cosmetics
Beauty and cosmetics companies have specific challenges, particularly with cost control and regulation management which can be countered by optimizing operations & manufacturing process
Health & Wellness
Health & Wellness
The Health and Wellness industry is facing dire challenges ranging from inventory silos, stockouts, delayed order-to-cash processes and much more due to disruptions
Personal Care & Hygiene Industry
Personal Care & Hygiene Industry
Lack of standardization in a largely unorganized market with tough competition is proving challenging for personal care & hygiene products manufacturing businesses
Injectables Industry
Injectables Industry
Tight quality controls, compliance issues, ingredient traceability, formula security & timely deliveries are some of the major challenges faced by this industry in the recent years
Tablets & Capsules Industry
Tablets & Capsules Industry
Tablets & Capsules Industry faces several challenges including strict regulatory compliance, efficient and detailed reporting, stringent quality control, cost control and more
Pain Points of Pharmaceutical & Life Sciences Businesses
Pharma & Life Sciences companies operate in a complex and dynamic environment. The threat of competition, compliance and relevance always keeps looming. A variety of daily industry-specific functions can become a part of your ERP offering you a comprehensive solution – streamline processes & carry out different business functions with ease while at it such as
Finding Per Unit
Product Costing
Minimizing
Operational Work
Material
Traceability
Managing Batch
Manufacturing
Record/Batch
Packaging
Record
(BMR/BPR)
Maintaining
Formulation
Managing Batch
Manufacturing
In its quest to mitigate all the ongoing challenges and garner quick & smart results, Pharma leaders are investing in Pharma ERP software enabling them to drive their business initiatives and automate business processes.
Challenges of Pharma & Life Sciences Businesses
- Complexity in managing Good Manufacturing Practice (GMP) compliance
- Tracking material wastage, expiry etc.
- Tedious activity to maintain inventory both group-wise & warehouse wise
- Difficult management of BMR/BPR
- Tracking multi-branches in a real-time scenario
- Changing Government regulations
- Difficulty in handling process integration & streamlining the process
- Quality Testing for products as per their parameters & methods
- Maintaining pricing list of the different region after the expansion of Drugs Price Control Order (DPCO)
- Problem in maintaining formulation, production, costing etc.
- Retesting of Product on their retest date
- Strong Taxation System enforcement in India like – Value Added Tax, Goods Service Tax etc.
- No software to support Research & Development for data analysis
- Maintaining the Blending & Purification process in software
The Digital Transformation for Pharma & Life Sciences Businesses
Explore a wide-range of industry-specific capabilities in the SAP ERPs designed for Pharmaceuticals & Life Sciences businesses. implemented by VC ERP the sheer breadth of features suited to your business operations will improve efficiency and profitability.
Enterprise Management for Your Pharmaceuticals & Life Sciences Business
Explore our comprehensive solutions for all business processes ranging from Procurement, Manufacturing, Inventory, Human Resources to Finance & Analytics, Database & Data management across all domains to find the solutions you need to build a connected Pharmaceutical and Life Sciences business.
Key Capabilities of using SAP ERP Systems for your Business
VC ERP Consulting has complete integrated business solutions ranging from SAP Business One to SAP S/4HANA. We enhance business processes by solving unique challenges through relentless discovery of your business processes and offering end-to-end implementation support.
- Automated business practices with workflow engine
- Regulatory and management controlling with auto-alerts and approval feature
- Advanced data change control & auditing with log capturing of user’s credentials
- Multi-Currency, Multi-company and Multiple Units Of Measurement Consolidation provides strong financial backbone
- Automated Alerts for lot expiring, minimum inventory levels and more
- Efficient Business Performance Monitoring
- Improve distribution by integrating the manufacturing facilities, warehouses in different locations
- Productive Bi-Directional Traceability
- Keep Inventories at optimum levels and avoids out of stock scenario
- Streamline process and improve operational excellence
- Reduce costs and improve profitability
- Advanced functionality of secure packaging with pick & pack and shipping operations
Benefits of Digital Transformation for Pharma & Life Science Businesses
VC ERP Consulting has 20 years of experience serving the needs of small, medium and large businesses across verticals & diverse industries. Experts at SAP are supported by more than 40 years of experience designing practical powerful industry specific ERP solutions. With these two at your side, success is the only way forward.
- Support critical business flows that are easy to use by all
- View all your production costs analysis
- Efficient inventory with built-in inventory, transfer & billing
- Easy data flow management through automation
- Manage mission critical information with utmost ease
- Manage and track the formulations based on standards
- Stage wise revaluation of product costing
- Allow shipment of goods reversals and returns
- Create business, customer & hospital-specific price groups
- Respond & solve customer service issues faster
- Easily merge data & generate dashboard reports in Excel
- Automate business best practices for faster compliance
Digital Transformation is Just a Click Away
Analytics & Business Intelligence
Investing in an SAP ERP means that your day-to-day company transactions are organized and stored in a single comprehensive solution. This also means that as you have more organized and inter-connected data available, you can now easily connect the dots and arrive at insights that can help your Pharmaceuticals & Life Sciences business perform better.
Your SAP ERP will receive and organize your daily data while powerful Business Intelligence and Analytics tools will analyze this data to provide actionable insights. Rely on real-time data insights at each decision point, improving productivity and empowering informed decision making.
Outmaneuver the Competition by using advanced tools and machine learning. Solve your Business Analytics needs with industry-specific implementation by experts at VC ERP Consulting.
Power BI | SAP Analytics Cloud | SAP BOBI
Connected Solutions
These are third party solutions meticulously developed by industry experts at VC Entegrated which seamlessly integrate with your existing SAP ERP system for discharging different business functions with ease and speed.
The VC ERP Approach
Experts at VC ERP supported by our 20+ years of experience & 300+ successful implementations offer you the best industry specific implementation & customizations for your SAP ERP systems. As a multiple award winner, we don’t just talk the talk, we walk the walk with you every step of the way.
Faster Implementation
Cycle
Dedicated
Support
Onshore/Offshore
Flexibility
