Top benefits of Business Central for Pharmaceutical Industry

Top benefits of Business Central for Pharmaceutical Industry

The pharmaceutical industry has a close connection with people’s well-being and hence has numerous strict regulations to be followed. These are across different business functions like operations, research and development, distribution, finance, manufacturing, quality management, sales, and marketing. Thus, to become successful a pharma company has to follow all these rules and regulations. It requires a platform like Microsoft Dynamics 365 Business Central to ensure that their business is in right direction.

Let’s have a look at the benefits Business Central provides for the pharmaceutical industry.

Regulatory Compliance

The major challenge a pharmaceutical company faces is that of complying with the various rules and regulations. Also, these compliance requirements, more often than not, change from one province to another. Business Central makes these compliances a lot easier to achieve. It contains multiple features and functionalities that help companies follow good automated manufacturing practices that result in quality output at each stage. Also, it helps lessen paperwork and increases the overall efficiency due to automated processes.

Accurate Inventory Management  

Dynamics 365 Business Central helps to manage your inventory across different places and regions. It helps you in balancing the batches of resources based on their availability and potency levels. It ensures the availability of all necessary resources at the right time and in the right proportion. Also, it helps you to determine which inventory to use and when, depending on different factors like shelf lives, storage conditions, etc. Which helps to provide an accurate picture of the available stock.

Data Security

This data is highly confidential, especially around resources, recipe formulas, and other research and development-related data. Business Central has security features like user-role-based access that ensures that your data is available only to the right set of people. Also, as it is a cloud-based platform and hence makes it possible that the right people can access the right information, anytime, from anywhere, and on any device.

Product Recall

Product recall, although undesirable, is an important part of pharma products. Dynamics 365 Business Central helps you to have a definite plan for product recall. Business Central comes up with tracking capabilities to monitor the item right from the early stage till fulfillment. This capability makes it easy for a business to identify the product within the supply chain and recall it accordingly.

Vendor Management

A pharmaceutical company may have vendors spread globally. Managing the vendors is essential for the business. Dynamics 365 Business Central has a vendor management module that assists businesses in ensuring timely payments, placing orders, tracking vendor supplies, and various other aspects related to vendor management.

As we can see, Microsoft Dynamics 365 Business Central offers numerous benefits for pharmaceutical industry. If you are interested to know more about Microsoft Dynamics 365 Business Central for your business, you may contact us today at Meta-Pharma.

How Pharmaceutical ERP can regulate Supply Chain in manufacturing industry?

How Pharmaceutical ERP can regulate Supply Chain in manufacturing industry?

What is the importance of the supply chain in the pharma manufacturing industry? And, how uniformly you can manage the supply chain in manufacturing industry? An ineffective supply chain could disrupt the healing processes of patients and produce negative effects on public health. As your company’s success depends on you choosing the proper ERP. Without it, you’ll face difficulties to comply with all applicable rules. Or furthermore, you will not be able to maintain the degree of efficiency required to make a profit in a pharmaceutical industry where margins are barely achieved.

But to achieve that, the pharma manufacturers have to deal with their own set of supply chain challenges, including supply chain visibility, drug counterfeiting, and cold-chain shipping, among others. These challenges are complicated and can have economic, social, and even legal considerations.

Look how pharmaceutical ERP can regulate the supply chain in the manufacturing industry

Through Demand and Planning

Using a Pharmaceutical ERP, manufacturers can automatically create demand when orders are received, determining the quantities of material or item required and ensuring timely refill. Its MPS & MRP module come in accessible, helping them in when and how much is to be produced. Also, helps in forecasting the required material to meet the schedule effectively.

Through Purchasing, Material, & Supplier Management

A pharma ERP in pharmaceutical manufacturing industries provides a more effective way to regulate procurement and supply of the raw materials, services, and other required resources across the supply chain process. It allows manufacturers to identify their key suppliers quickly. Also, it provides a platform to calculate their risks as well as the ability to meet essential supply requirements timely while maintaining the right quality standards.

This calculation helps them to avoid sudden disruptions in the supply chain, like the one caused during the pandemic.

Through Monitoring and Maintenance of Supply Chain in the Manufacturing Industry

The capability of monitoring, reviewing, and modifying supply chain efforts and activities in real-time is essential for ensuring your pharmaceutical manufacturing industry. So that they are able to maintain the flexibility needed to stay competitive and ensure a cost-effective supply chain.

Through Measurement and Assessment

Regulating a pharma supply chain using multiple disparate systems and workflow processes is difficult. Which makes it impossible for the pharma manufacturers to compare actual activity against projected goals and targets. But with Pharma ERP, everything is arranged in an organized way to get things done that ensures any variances throughout the supply chain are quickly identified and resolved.

Through Managing Shipment

Pharmaceutical ERP instantly generates an invoice that is to be sent to the customer asap the item gets shipped. Additionally, it helps in maintaining a central repository for all the shipments along with the delivery details. It helps to ensure the timely delivery of the products.

For example, some essential drugs, such as vaccines, are temperature-sensitive. And hence required to be moved through the supply chain with necessary precautions. An ERP, when integrated with cold chain management tools, ensures the temperatures are monitored in real-time and kept in the defined tolerance range to keep the vaccines effective, safe, and secure for the consumers. Also, timely delivery of the vaccines fulfills the needs.

For more information and a tailored demonstration contact us today at Meta-Pharma.

Pharmaceutical manufacturing: Top benefits of ERP for batch process

Pharmaceutical manufacturing: Top benefits of ERP for batch process

Manufacturing is one of the important processes of the pharmaceutical business. There are many features involved in a manufacturing process like maintaining the quality of products, following compliance, etc. In which batch process in the manufacturing that works within the pharmaceutical industry can benefit themselves by using Pharmaceutical ERP solutions. The benefits of ERP for the batch process can help them to streamline their operations and get their products to market more rapidly and more cost-efficiently while following regulatory compliance.

The importance of quality control in Pharmaceutical Manufacturing

Batch manufacturers of pharmaceuticals must firstly ensure the quality of their products. Meta-Pharma, an ERP solution can provide tools for quality management for pharmaceutical manufacturers. This means both the materials, bills of materials and the processing of batches regulates within compliance.

So, let’s talk about the benefits of ERP for the batch process.

Maintain records on cloud

The advanced ERP software, whether specifically for the pharmaceutical industry or for general manufacturing, incorporates extensive recording capacity on the cloud. Leading ERP platforms takes this even further, ensuring that records can be kept on the cloud where their security is enhanced. It allows ease of access while maintaining document integrity.

Traceability of batch process

Proper traceability for all batch process manufacturers is vital. It enables the retroactive analysis of any batches that come under query. Because ERP software tracks and records all batch transactions, it is simple to be able to trace any particular supply of materials to any specific manufacturing batch. Also, Meta-Pharma, ERP system encourages you to direct your business without the need for separate software bundles or costly customization.

First Expired First Out control 

One of the most important benefits of ERP systems for manufacturing batch processes in the pharmaceutical industry is support for FEFO management. First Expired First Out rules can be built into the ERP system to ensure that raw materials are identified and selected properly.

Research and development

All pharmaceutical manufacturers need to have active and ongoing R&D research and development programs to remain competitive. The fact that ERP system can support the concept of track and traceability in batch process control can also be utilized in the R&D. Knowing what proportions of materials and composites have been using in the batch process and the sales history of each batch gives any developer important information.

Take the next step

Meta-Pharma, ERP systems incorporate cutting-edge technology and can be used by pharmaceutical manufacturers throughout the manufacturing process.

For more information tailored demonstration that helps you to maximize your batch manufacturing process, contact us today at Meta-Pharma.

How Pharmaceutical industry can resolve compliance issues with Pharmaceutical ERP?

How Pharmaceutical industry can resolve compliance issues with Pharmaceutical ERP?Are you taking stress over getting an FDA 483 letter? It’s very common as you are not alone in this. The pressure of Regulatory Compliance in the pharmaceutical industry has never been more severe. However, the best time to comply with cGMP for quality is before you feel the consequences of a failing inspection. The best way to ensure to not get a 483 is by understanding what the most common compliance issues in the pharmaceutical industry are so that you can focus on those areas and easily resolve them.

Let’s take a look at the top three compliance issues and how you can resolve these issues:

Lack of Written Procedures and SOPs

In a Standard Operating Procedure (SOP), clear stages are outlined for completing specific tasks in the workshop. Proper utilization of SOP improves communication and makes it easier to perform the necessary tasks for the work to move ahead. However, compliance issues tend to arise due to a lack of effective SOPs/Written Procedures. In addition, different issues prevent creating and using SOPs, including complicated language, lack of standardization, and inadequate training.

Poor Maintenance Facilities

Most of the FDA observations were for inadequate cleaning, sanitizing, and maintenance; they must have to comply with the FDA Code of Federal Regulations appropriately.

The company should clearly outline the methods for cleaning and maintaining hygienic conditions. For example:
  • Providing clear instructions for cleaning.
  • Indicating who is responsible.
  • Planning your cleaning schedule.
  • Providing the guidelines for maintaining the equipment properly.
  • Ensuring regular inspections and protective measures for equipment.
In addition, it is important to maintain cleaning activities logs and update them as often as other operational logs.

Improper Use of Data

Real-time access to data allows pharmaceutical companies to stay in the direction of changes in compliance and improve performance. With proper data, an organization can minimize the effects of non-compliance effectively. Unfortunately, one of the key reasons that organizations cannot utilize the available data is old technology.

By implementing Pharmaceutical ERP, pharma companies can track and trace real-time data and can reduce the effect of non-compliance. Implementing Pharma Microsoft Dynamics 365 Business Central empowers your teams to achieve their desired results by better managing these complex factors while maintaining stringent industry guidelines and best practices.

Pharma ERP Partner, MetaPharma is an ERP Solution for Pharma Industry built on Microsoft Dynamics 365 Business Central. This Pharma ERP solution prompts companies, making FDA compliance a lot easier to achieve. High Priced paperwork errors can be reduced, as is the number of preventable recalls.

For more information and a tailored demonstration contact us today at Meta-Pharma.

Transform Pharma Industry with next-generation Pharmaceutical ERP

Transform Pharma Industry with next-generation Pharmaceutical ERP

In today’s changing scenario, the Pharma industry faces many challenges compared to other industries. The Pharmaceutical ERP system for Pharmaceutical Industry is the best method to recognize and track every single raw material from receipt through processing, bundling, and shipping, to the specific client location.

Meta-Pharma solution for Pharmaceuticals offers a complete integrated ERP solution built on Microsoft Dynamics 365 Business Central designed specifically for the Pharma industry. It can easily track lot properties while streamlining and improving other business measures like batch production, sales capacities, inventory control, purchasing, quality affirmation, accounting and account, regulatory reporting, and so on.

The need for industry-specific technology for Pharmaceutical Business

Pharmaceutical ERP solution complies with GMP guidelines in order to improve productivity in compliance with regulatory requirements and allow you to:

  • Have a complete view of all the business processes
  • Improved Batch Process Management
  • Ensuring Quality Control
  • Compliance with all regulations
  • Access to detailed information on supplies in order to manage effectively deliveries
  • Increase flexibility and productivity during processes
  • Improve Supply Chain efficiency and Distribution

Top three benefits of ERP for Pharma Industry

Formulation and Pre-Formulation

Reasonably, there are strict regulations that govern the drug manufacturing process. This includes guidelines around how employees should formulate and monitor raw materials, as well as how they should handle finished product yields to produce a batch.

In the pre-formulation stage, employees must follow rigid processes that include:

  • Defining drug production procedures
  • Scheduling drug production stages
  • Measuring drug production quantities

With an ERP system in place, pharma companies can automatically manage these formulations, while having confidence that the margin of error is minimal. Moreover, they can do so without keeping constant watch overproductions, which optimizes productivity across the board.

Drug Product Costing

Many different factors go into assigning a cost to a drug product. Among other considerations, companies must calculate the expenses associated with:

  • Procuring materials
  • Managing raw materials
  • Monitoring the supply chain

Track and Traceability of Inventory

It has always been important for pharmaceutical manufacturers to ensure proper management of stock or inventory. The recent pandemic situation underscored this concern with several factors. Also, with the implementation of ERP, pharmaceutical manufacturers can track and trace products in real-time. They can also use serialization to manage inventory and avoid time-consuming blockages and most importantly, they potentially overwhelm stock-outs.

For more information and a tailored demonstration of next-generation Pharmaceutical ERP contact us today at Meta-Pharma.

What are the top three benefits that pharmaceutical ERP has?

What are the top three benefits that pharmaceutical ERP has?

The pharmaceutical industry is one of the most uncertain industries in the business world. The reason behind this is the lot of major changes happening in the Pharma healthcare sector. Whereas, ERP for the pharmaceutical industry not only enables the consolidation and integration of pharmaceutical business processes across multiple things but also helps businesses to keep track of operations across the organization.

Meta-Pharma, an Advanced Pharmaceutical ERP solution helps businesses in organizing their procurement processes, while reducing production and delivery time. It helps the pharma industry to comply with cGMP requirements. In addition, as they seek out ways to streamline processes, improve efficiencies, and comply with strict regulations, these organizations are considering the benefits of ERP software.

Let’s take a quick look at the benefits of Pharmaceutical ERP, some specific ways that how an ERP can make a major difference:

Formulation and Pre-Formulation

Logically, there are some strict regulations that regulate the drug manufacturing process. These regulations include guidelines around how employees should formulate and monitor raw materials, as well as how they should manage finished product yields to produce a batch.

In the pre-formulation stage, employees must follow stiff quality processes that include:
  • Defining drug production procedures
  • Scheduling drug production stages
  • Measuring drug production quantities

With a Pharmaceutical ERP system in place, companies can automatically regulate these formulations, while having confidence that the margin of minimal error. Additionally, they can do so without keeping constantly keeping an eye on overproductions, which optimizes productivity through the board.

Assigning Drug Product Costing

Several factors go into assigning a cost to a drug product. Among other considerations, companies must calculate the expenses associated by:

  • Procuring materials
  • Managing raw materials
  • Monitoring the supply chain

Without a centralized ERP platform for pharma, these costs are recorded individually in particular departments. Intrinsically, any time this updates the information; it can take a while for the in-sync of the new numbers. This makes it integrally difficult to nail down final product costs.

Track and Traceability of Inventory with Pharmaceutical ERP

It’s always been important for pharmaceutical companies to ensure proper management of inventory. The recent pandemic situation underscored this concern with several factors. With the implementation of ERP, pharmaceutical companies can track and trace products in real-time.

They can also use serialization to manage inventory and avoid time-consuming blockages and most importantly they potentially overwhelm stock-outs. Many platforms also include traceability functions that enable companies to perform rapid recalls if required.

For more information and a tailored demonstration contact us today at Meta-Pharma.