Leading Pharmaceutical Chain leverages Sage X3 Customization to automate its Order Receiving Process

SWK has the only turnkey bundled pharmaceutical preparation manufacturing solution available to help pharmaceutical prep manufacturers comply with all FDA regulations for serialization and traceability internally and across the supply chain. Why bother gathering data if you don’t have the ability to produce actionable information from that data? Some examples of pharmaceutical-specific reports include reports related to the frequency of expiring products in inventory, quality control test results, and trial. With many packages, you’ll also be given the option of creating custom reports or managerial dashboards. Creating and maintaining trace relationships between lots is arduous and time-consuming.

• Without Pharma ERP, it becomes challenging to collect customer segments based on geographic, demographic, psychographic, and behavioral data.
• Better Inventory Management is also the key to better and successful Customer Relationships.
• With regards to the current COVID-19 pandemic drug manufacturing industries are pressed with the issue of producing a drug as soon as possible.
• Therefore, pharma companies must maintain a detailed record of all product transactions, including historical purchases.
• Many of the government bodies mentioned above acknowledge that technically advanced software solutions can help companies to manage compliance.
• Improving supply chain traceability, quality control and regulatory compliance is why Sage X3 is ideal for pharmaceutical ERP.

A business case outlining the costs, expected benefits, and ROI of an ERP implementation is an integral part of initiating an ERP project. Therefore, the ability to understand the potential return on your investment (ROI) before making that investment is invaluable to any enterprise. A recent study on “The Total Economic Impact of Sage X3” has demonstrated an impressive 177% ROI on using Sage X3.

Sage X3 ERP for Pharmaceuticals Industry

We combine our expertise with accounting skills and systems experience, tailoring our services and solutions to satisfy your technology needs. Sage X3 ERP for pharmaceutical manufacturing also takes product variations into account. 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. Keeping in mind these challenges, Sage X3 ERP has been fine-tuned to meet these industry-specific requirements.

The pharmaceutical industry in Australia represents a knowledge-based, technology-driven sector. 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. Sage X3 ERP is the best erp for pharmaceutical industry in the Middle East region, and it helps companies manage compliance, quality control, and batch management for safe and regulated products. 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.

Sage X3 Features and Capabilities For Pharmaceutical Industry

At the same time, production scheduling will reduce inventory costs by ensuring ingredients and products aren’t sitting on your shelves for extended periods of time. Tracking operational, material and manufacturing costs manually are challenging for pharmaceutical companies. On the other hand, ERP application in pharmaceutical industry calculates the final product cost by accounting for R&D cost, raw material cost, customer incentives, insurance costs, and much more. Managing production activities and providing insight into exactly what happened and when it happened is crucial to achieving product traceability. The Pharmaceutical Industry is bound to various stringent rules and regulations due to multiple mergers, tie-ups and acquisitions because different methods and ingredients are used to produce potent lifesaving drugs. Sage X3 ERP pharmaceutical manufacturing Australia, with its unique aspect of regulation compliance makes it perfect for pharmaceutical industries.

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What are the Major Challenges in Pharmaceutical Industry?

Sage X3 equips businesses in the pharmaceutical and nutraceutical industries with the tools necessary to compete in this highly competitive environment. As pressures mount for lower prices and greater regulatory reach, companies must still focus on improving thinning pipelines and managing rising operational costs. As the industry continues to transform, companies can benefit from incorporating all business processes into one software solution through Sage X3’s scalable, flexible, and cost-effective features. Sage 300 makes optimum utilization of all available resources, the result is higher efficiency and better performance. It can also track lot properties while optimizing and improving other business processes like batch production, sales functions, inventory control, purchasing, quality assurance, accounting and financials, regulatory reporting etc.

The various touchpoints starting from the warehouse to manufacturing till distribution make the processes lengthy and cumbersome. Sage ERP software solution identifies the loopholes and provides careful planning, devops team structure execution and higher transparency to collaborate multiple processes onto a single platform. The ERP Pharma also offers interactive dashboards for highly transparent statistics and automated processes.

Working At Sage

In our guide, we will cover industry trends, challenges, and process solutions and how an ERP solution can support businesses in the sector. Sage X3 ERP offers quality management features for the pharmaceutical industry in the Middle East region, including real-time monitoring and document control, to ensure regulatory compliance. Your ERP system must be able to trace product origin, its path through the production process, and its final destination.

It can ensure enhanced efficiency in the wake of a pandemic when time is crucial to life. The FDA has implemented several regulations regarding any outsourcing of processing because pharmaceutical manufacturing is an industry that may rely upon third party contractors to maintain profitable production lifecycles. These regulations reinforce several of the burdens of quality management for the contract manufacturer to ensure consistent product handling conditions across every stage. These include all activities related to actual production procedures for drugs, though may not entail any research or development processes unless that is included in the outlined contractual duties.

ERP for Medical Device Manufacturers: Laying the Foundation for Innovation

Data captured from multiple sources like finished or still-in-production stages can be converted into actionable insights to estimate cost, deliverables, production, raw materials etc. A transparent system enhances visibility across departments by providing tools such as role-based views, real-time alerts and notifications, and real-time tracking and monitoring. The underlying processes, materials and ingredients are required to be connected in an effort to generate the detailing of data for real-time decisions. Assets are generally equipped with smart sensors which in turn continuously pull data sets from sources. Integrated systems from operations to business systems and supplier to Customers provides users from a holistic view of supply chain activities tracing overall efficiency.

Supply chain traceability is an important component to regulatory compliance, especially with an endless number of new and updated guidelines. For more information on Sage Enterprise Management Consulting Services, please contact us at will be glad to assist you. You can also check the potency percentages of the product and check the variances in potency for the Products by using the ‘Lot detail by site’ report.

Sage X3

X3 allows you to process and apply all of the data necessary to finalizing these procedures. The Sage X3Pharmaceutical Preparation bundle, powered by Sage, enables pharmaceutical manufacturers to remain informed of their supply chain movements and situations, allowing for precise reporting on compliance-related tasks. Inventory accuracy provides confidence throughout product planning, production, and fulfillment and minimizes disruptions that absorb additional costs. Be sure that the system helps you remain in compliance with the many other requirements set by the various regulatory agencies you undoubtedly report to. Some things to think about include built-in forms, predefined workflows, and other features designed to simplify compliance management.

You can also assign an expiry date to the batches that have been produced through the First Expiry First Out (FEFO) basis. Sage X3 ERP for pharmaceutical companies streamlines product management, from formulation to delivery, ensuring the highest quality and safety standards are met. Even in helping to keep a record and streamline the manufacturing process, Sage ERP Solutions helps the manufacturers to keep service consistent and produce greater output. 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.

For example, ERP keeps track of price fluctuations and current market demand to make informed strategic decisions. Similarly, it keeps a bird’s eye throughout the entire production process to identify areas of waste, eliminate waste, reduce costs, and aggressively respond to market price wars. CGMPs enforce several different requirements of pharmaceutical manufacturers, including maintain sanitary conditions in laboratory, production, and storage facilities, measured processing dosages, and production task validation. The Sage X3 Pharmaceutical Preparation bundle contains several features that address these needs, such as recipe management and quality control points.