The compliance management functionalities available within pharmaceutical ERP packages are designed specifically to help you meet the requirements set forth by regulatory agencies. The ability to assign tasks to particular individual staff members is an important aspect of creating accountability in managing for compliance. The beauty of using a pharmaceutical management package is that the developer built the system with your business in mind. A good example of this can be found in the built-in forms and predefined workflows for compliance management offered in many pharmaceutical manufacturing ERP-oriented systems. Sage X3 can handle your entire product lifecycle, from conception through approval through manufacturing.
The advanced planning and control capabilities of Sage X3 use real-time and historical information to help track inventory levels and costs, optimize product mix, reduce waste and shorten product development cycles. Embedded support for multiple languages, currencies, companies, sites and legislations simplifies international business management. One of the aspects that makes inventory management in pharmaceutical manufacturing unique is the issue of controlling for material and product expiration. Systems designed specifically for pharmaceutical manufacturers allow you to set up inventory picking using a FEFO (first expiring, first out) process. The FEFO approach minimizes the number of products or materials that expire before sale. Integration with technologies such as RFID and barcode can further optimize the efficiency of your inventory control department.
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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. The production of any pharmaceutical begins with formula creation, and tracking these formulas is vital. Also, with the need to constantly improve your products, you’ll require the ability to revise these formulas; a formula tracking system offers both functionalities.
Also, if you are an API or manufacturer in need of managing FDA standards, then Sage ERP software is a powerful suite comprised of operational excellence. At Greytrix Australia – Sage Development Partners, with ERP every aspect of the pharmaceutical industry is visualized and what is delivered is an assurance to life. Managing the production activities of your company is one of the most crucial steps in achieving product traceability.
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Functionality within production planning will allow you to track where each batch is within the manufacturing process. You will be able to set project completion dates and adjust them accurately based on your observations of the progress of each batch. Your product formulas will track raw materials as well as the products those raw materials create. The tracking http://solookna.ru/resourses/okna_i_balkoni-page1.html of raw material lot numbers on the formula provides visibility into which raw materials were used in each finished product batch. This kind of material transparency is especially vital for quality control efforts and recall purposes. You can track when a batch was completed, which will in turn allow you to manage shelf life and expiration tracking.
- At Greytrix Australia being Development Partners for Sage, we address complexities of pharmaceutical industries with aforesaid features.
- This email will include saved search links, white papers and other vital offerings for each product you requested.
- In such a scenario it becomes extremely critical to manage finances from multiple branches and global processes.
- One of the most important elements of supply chain transparency and compliance is ensuring that there are sound quality assurance processes in place.
Back-office accounting functionality integrated with your pharmaceutical manufacturing package will encompass features like accounts payable processing, receivables management, financial reporting, and budgeting. If you’re running R&D projects, you’ll be able to track project costs through cost accounting features. Whether you need to optimize efficiency, manage compliance, or meet regulatory standards, there is software to address your needs. In fact, there are fully integrated ERP solutions for pharmaceutical manufacturers that manage everything from accounting to customer relationship management to manufacturing to sales and beyond. That’s why Sage X3 can be a breath of fresh air to those with specific industry requirements and who are faced with constantly evolving product lines and regulations around those products.
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This means you can internally track sample requests as they’re processed and shipped to customers. Also, Sage X3 works with Formulator, which offers full-featured lab formula management. In manufacturing, a test plan can be set up to perform in-process testing of a batch. The system offers a visual finite scheduling tool that can be used manually, or you can choose to let the system put together the best schedule. A strong software system will handle everything from customer acquisition to post-sale follow-up and repeat ordering. As a pharmaceutical manufacturer, you have needs in addition to the basic customer management needs of any company.
The Australian pharmaceutical industry contains bio-medical researches, biotechnology enterprises, originators, and generic medicine companies. Developing the industry calls for concerted support from business management solutions like Sage X3 – Pharma ERP Software so that industries can flourish and realize their full potential. The Sage X3 Inventory and Stock Management module is a comprehensive toolset designed to help businesses streamline their inventory management processes and maintain optimum stock levels.
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Sage X3 includes advanced replenishment planning tools that can forecast demand, plan for procurement or production, and trigger automatic reordering of items when stock reaches a predefined minimum level. Fine-tuned to meet your industry’s unique requirements, Sage Software provides the advanced functionality you need to remain competitive in the face of difficult challenges. Pharma manufacturers are under pressure to remain competitive while complying with an increasing array of regulatory requirements.
Pharma Industry Functionality
Sage X3 is a powerful solution for pharma companies looking to be compliant, accurate and efficient. At NexTec, we help pharma companies identify ERP needs, select the right solution and optimize the product. Collectively, these tools provide your pharma company with the necessary details to optimize supply chain operations and traceability.