Strategies to transform your Pharmaceutical Industry digitally with Meta-Pharma

Strategies to transform your Pharmaceutical Industry digitally

Digitally transforming the Pharmaceutical Industry supply chain pays benefits to the organizations, executives, and everything related to it. Want to know how?

By permitting organizations to be more efficient, resilient, and responsive to quickly changing customer demands. This transformation allows for:

  • Real-time tracking of raw materials
  • Accurate raw materials inventory tracking
  • Updated details quality control
  • Batch tracking from production to transportation

Organizations benefit from greater productivity and better resource allocation. Better resource allocations mean employees can be performing more significant work.

Key advantages of digital transformation in the pharmaceutical industry

At the point when implements a fully digital solution, it has the ability to track any single item anywhere under its control. This permits more efficient utilization of raw materials; they go where they are required now and perfect planning for the future.

Batch and Lot Tracking

ERP programs such as Microsoft Dynamics 365 Business Central allow organizations to create and track specific production quantities. Workers can scan batches and add their warehouse and location details, such as section, row, and bin number. When batches are broken into lots, each scan updates the tracking data providing a clear path from the current location to its creation.

By using this, warehouse workers can easily find any given batch, lot, or individual item from the time of creation through storage and transportation until final delivery.

Lot Traceability

The ability to trace production lots is important not just to ensure that every item goes to the correct destination but to ensure when problems occur, through this it can be addressed quickly.

Raw Materials Purchase Order Workflows

ERP such as Microsoft Dynamics 365 Business Central gathers data from multiple sources. It combines single data points.

A customer’s request for a new shipment, a salesperson’s request to have the order fulfilled, a stock check to determine if sufficient raw materials are on hand, an order to one or more suppliers for the active pharmaceutical ingredients (APIs) in one place.

Digitizing Quality Control Testing

Tracking products is important. So is tracking product quality. At the point when the quality control testing process is being digital, CFOs:

  • Have access to standardized recording and reporting processes
  • Can act proactively rather than responsively
  • Have open lines of communication with various divisions
  • See when a process is working and can suspend those that are not

Digitalizing these processes allow organizations to recognize and rectify quality control issues early in the process. They save money by not producing large quantities of inferior products.

For more information about the Pharmaceutical ERP solution and a tailored demonstration contact us at Meta-Pharma.

Top 6 Pharmaceutical Warehouse Management Challenges

Pharmaceutical Warehouse Management

Nowadays, Pharmaceutical Industries facing some distinctive warehouse management challenges. Many of these challenges can have drastically affect prescriptions, despite the fact that they may not exist in industries such as general retail.

Meta-Pharma, an ERP solution built on Microsoft Dynamics 365 Business Central helps pharmaceutical companies to manage their warehouse by finding out the issues and the challenges facing by the Pharmaceutical Warehouse. Also, Meta-Pharma’s Advanced Warehouse Management System functionality provides the perfect warehouse solution for Pharmaceutical Industries.

Key issues facing warehouse managers are:

  • Keeping some portion of their facilities at the right temperatures to prevent medications from ruining
  • Following federally-mandating good manufacturing process rules
  • Security issues for items and intellectual property
  • Inventory controls

Challenges of Pharmaceutical Warehouse Management:

Following GMP Rules

GMPSOP states that following the GMP rules enables manufacturers to:

  • Protect drugs and raw materials for medicines during storage
  • Prevent finished product debasement
  • Avoid pollution from other materials
  • Prevent harmful or expired products from being shipped

Additionally, warehouse managers also face the challenge of keep the track of three types of products that appear on the BOMs governed by GMP procedures. All of these item types require unique lot numbers:

  • APIs, precursor chemicals, and other starting materials
  • Packaging materials
  • Printed materials

All distribution center administrators or managers face inventory control requirements. Those in the pharma sector likewise deal with the intense government investigation.

Storage and Tracking Inside the Warehouse

Lack of control over material movement in the warehouse can, and has, led to defective products, GMPSOP states.

Requirements of General warehouse practices (GWP) are:

  • Received unused goods and finished products are quarantined until approved for release
  • Each item has corrected status labels (e.g., current, expired, etc.)
  • A unique barcode is clearly visible
  • Items are stored by type when appropriate
  • The raw material is tracked while moving through the Production facility from the Receiving area to Production and then to Shipping
  • If possible, warehouse managers should maintain a separate section to store damaged or returned goods, reusable items, not for sale samples, and when identified, counterfeit stock.

    Labeling

    Accurate labeling is another challenge for pharma warehouse managers. GMP rules require labeling to include a Unique code or Identification number that must be different from the supplier’s lot number. The UIN must record in the lab, on the facility’s computer system, and in production. GMPSOP suggests not referring to the IUN as a batch number.

    Other unique to pharma labeling requirements are:

    • Expiration dates
    • Barcodes
    • Status indications
    • Quarantined products
    • Rejection labels

    Receiving Shipments

    Other GMPs in the pharma industry require receiving of stock from suppliers to be reviewed based on their use. Confirmation of stock includes:

    • Source of approval
    • No damage and defects
    • Labeled with required info
    • Unique Identifier Number (UIN)
    • Registered in the company’s inventory database
    • Quarantined

    Unlike retail goods distribution centers, warehouse managers should likewise save a region for raw materials that have been tested and confirmed to meet all required standards. A similar section should exist for any materials that fail these tests GMPSOP states.

    Security Challenges

    Medicines and other pharmaceutical products are in high demand, making them tempting targets. Warehouses should have secure physical storage areas for raw materials and finished products.

    Solving Challenges

    Successful utilization of warehouse management systems such as the module of warehouse management in Microsoft Dynamics 365’s Supply Chain Management can assist with monitoring inventory management in pharmaceuticals and manage these challenges.

    The module, “has a wide range of features to support the warehouse facility at an ideal level at any time,” Microsoft states.

    Among the warehouse module’s functions are:

    • Workflow support
    • Using mobile devices
    • Full batch and serial item support
    • Label printing and routing

    For more information about the Pharmaceutical ERP solution and a tailored demonstration contact us at MetaPharma.

Trends that help in re-shaping the future of Pharmaceutical Supply Chain

Trends that help in re-shaping the future of Pharmaceutical Supply Chain

The Pharmaceutical Supply Chain in 2021 will require Robust Solutions

Pharmaceutical SCM has become more unpredictable and basic in current digital world situation. It holds the life-saving guarantee of individuals and demands the participation of distinct partners. It includes pharma manufacturers, distributors, wholesalers, customers, and regulatory agencies. Notwithstanding COVID-19, supply chains have significantly been disrupted owing to nation-wide limitations all around the world. This supply chain disturbance has left challenges in the pharmaceutical industry, require to reexamine supply chain management and robust solution.

The challenges of increased market demand and stricter legislation increase the demand for more efficient, flexible, and specific Pharmaceutical SCM software. Today, Pharma distributors must have to move products to their customers an exact time or faster while maintaining lower inventory levels. Also, Meta-Pharma – Pharmaceutical ERP software helps to improve supply chain management, customer relations, vendor agreements, identification of slow-moving, and out-of-stock items, and inventory data.

Here are some trends shaping the pharmaceutical supply chain in 2021.

Latest technologies will boost Supply Chain Efficiency

As advancement of technology are steadily on the rise, it will help pharma companies to manufacture and convey more extensive and more complex range of medicines. Integrating AI and machine learning technology during drug discovery can substantially stimulate go-to-market time for new medications. The execution of DSCSA (Drug Quality and Security Act) orders has opened up the best approach to turn the traditional pharmaceutical supply chain towards digital.

Rise in use of ERP and WMS in Pharma

Pharmaceutical companies are expanding their use of ERP solution and WMS software. From companies like Microsoft to further development of the overall business, including the supply chain. Software add-ons automate many previously manual tasks, such as inventory optimization and shipping solutions, Meta-Pharma.

Increment in rise of Sustainable Packaging

Eco-friendly endeavors in pharmaceutical packaging are a crucial step to lessen the waste during drug manufacturing. Sustainable packaging will significantly reduce plastic usage in packaging design and decreasing carbon impression across the packaging supply chain. Sustainable packaging is typically designed to utilize materials that slightly affect the climate. This kind of packaging can be reusable or recyclable that reduces dependency on the packaging that’s used once. Like other businesses that find new, cost-effective ways to focus on sustainability, the future only depend on innovation in pharma.

Innovation Edge

Pharmaceutical companies today are actively looking for the following worldview. To convey the promise of improved medicines and gain a competitive advantage. Thinking predictive supply chain could bring the potential for a superior patient-caregiver experience. To empower the worth of such models, pharma companies must build advanced analytical models along with the ability to understand the causes and effects that will make their predictions successful. As the COVID-19 pandemic altogether affects each industry, it has transformed pharmaceutical supply chains. To explore any difficulties of this pandemic, organizations will need to have a look at robust solutions.

Meta-Pharma, a robust ERP software for the pharmaceutical industry integrated with the Dynamic 365 Business Central emerges as the system that controls, connects, and integrates all the departments, and internal processes, and automates all the key functions such as planning, procurement, inventory, production, and BI. Moreover, it also helps manufacturers keep track & trace sensitive operations across organizations, such as compliance, expiries, quality, formulation, costing, and more.

Looking to transform your pharmaceutical supply chain? Contact us today and get a free assessment with Meta-Pharma.

Key Role of ERP Software Solution in the Pharmaceutical Industry

Key Role of ERP Software Solution in the Pharmaceutical Industry

In the current situation, with the COVID-19 pandemic still being an imminent threat, all the major and minor industrial sectors are undergoing massive changes. The same goes for the pharmaceutical manufacturing industry, which is facing more business challenges than ever before. All over the world pharmaceutical industry already finding it hard to keep pace with the changing regulations, quality control requirements, radical healthcare reforms, and more.

Manufacturers need to differentiate themselves

As per the current situation, pharmaceutical manufacturing businesses need to differentiate themselves in order to be out of the box. They need to improve their current operational practices, streamline their processes, maximize operational efficiency to reduce costs, and win consumer loyalty.

To achieve this, pharma manufacturers need to have a system in place that offers streamlined workflow, data-backed analytics, and centralized management and facilitates agile decision-making. A system, that helps reduce cost, and improve the manufacturing processes, patient safety, hygiene standards, etc., too.

Meta-Pharma: ERP software to the rescue

In these demanding times, the manufacturers need to put in place a robust IT infrastructure that among other things. Meta-Pharma, a robust ERP software for the pharmaceutical industry integrated with the Dynamic 365 Business Central emerges as the system that controls, connects, and integrates all the departments, and internal processes, and automates all the key functions such as planning, procurement, inventory, production, and BI.

Moreover, it also helps manufacturers keep track & trace sensitive operations across organizations, such as compliance, expiries, quality, formulation, costing, and more. This enhances transparency in operations and facilitates the smooth functioning of the entire pharma manufacturing unit. To know more, ERP software plays for pharmaceutical manufacturing businesses through its different modules.

Formulation Management

Formulation holds great significance in the pharmaceutical manufacturing industry, and pharmaceutical ERP software plays a crucial role in managing it.  It helps manufacturers to manage all the essential aspects of formulation, including storing, retrieving, and revising every formula used in the business.

Regulatory compliance

The pharma manufacturers must always keep updated themselves about the latest industry, and compliance standards as well as policies. A Pharmaceutical ERP software helps in this regard, as it comes with a dedicated module to manage comprehensive regulatory compliance. ERP for pharmaceuticals ensures that the pharma companies adhere to all the local & global regulatory compliances such as the FDA CFR 21 Part 11, and also other requirements, and perform regular audits.

Quality Control & traceability

Manufacturing pharma products that meet the highest quality standards, and are completely safe and fit for consumption, is one of the top priorities for pharma manufacturers. To ensure this, a Pharma ERP solution with stiff Quality Control (QC) & traceability functionalities ensures full conformance with expected results by allowing tracing & tracking of the ingredients. It enables swift product recalls through its bi-directional traceability functionality.

Permits production as per cGMP norms

Manufacturing operations in a pharma company must be conducted as per the cGMP norms, and a pharma ERP software ensures it. It allows the manufacturers to maintain the pre-production records in the MBR, so as to check if the production is done as per the set industry standards.

Ensures data security

Data security is of paramount importance for pharmaceutical manufacturing businesses, Pharmaceutical manufacturing ERP software offers a wide range of stringent security protocols such as access controls, data encryption, audit trails, and electronic signatures and passwords, among others, to ensure that the fatal security breaches remain at a bay.

How it improves Supply Chain efficiency and Distribution

The challenges of increased market demand and stricter legislation increase the demand for more efficient, flexible, and specific Pharmaceutical SCM software. Today, Pharma distributors must have to move products to their customers an exact time or faster while maintaining lower inventory levels. Also, Meta-Pharma – Pharmaceutical ERP software helps to improve supply chain management, customer relations, vendor agreements, identification of slow-moving, and out-of-stock items, and inventory data.

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

Role of Artificial Intelligence in the Pharmaceutical Industry

Artificial

The pharmaceutical industry has long relied on cutting-edge technologies to assist to deliver safe, reliable medicines to the market. With the recent pandemic, it’s become more important than ever for pharmaceutical companies to urge vaccines to the market faster than ever before. Artificial intelligence (AI) plays a critical role in the pharmaceutical industry and consumer healthcare business.

Most of the pharmaceutical companies have tied up with others for the partnership to determine the decision appropriately about whether to adopt the technology or not. They also determine what technology can neutralize the pharmaceutical industry for the patient’s cure.

Here’s how Artificial Intelligence makes an impact on Pharmaceutical Industry

You need to know that how the Application of AI works.

Pharma Analysis System – It analyzes the system to rectify the errors and inefficiency.

Required language Processing – It helps the systems to understand and interpret human language and its writing. It also outlines the appropriate step for evaluating and managing patients with multiple illnesses.

Repetitive Tasks – Just like the data entries and lab test analysis, it clears up the more complex and urgent tasks to interact with patients.

Data Management – Manages the information including all the medical records.

Medical Consultation – Artificial Intelligence applications will develop to provide medical advice based on the database analysis of the symptoms of the patients and their medical history.

Medication Management – Sensor or mobile app usage, the patient’s medication can be monitor in real-time by Artificial Intelligence. It is especially important to those patients in whom adherence is an issue and for the clinical trials.

Also, most pharmaceutical companies have tied up with others for the partnership, Meta-Pharma is an ERP Solution for Pharmaceuticals Industry built on Microsoft Dynamics 365 Business Central. It includes robust accounting and inventory management features and advanced functionality. Which work for traceability, lot tracking, regulatory compliance with the DEA, FDA, and DSCSA, and warehouse management. These features work together to automate processes and grow your business, increase transparency, and aid in regulatory compliance.

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

 

Features require in ERP for Pharmaceutical and Life Sciences Companies

Sciences-Companies

ERP system in the Pharma Industry needs an ERP that is tailor-made for the industry’s regulations and norms.  The pharmaceutical industry contains typical processes which become challenging to manage. A company that consists of a similar field may find it significantly easier to manage the processes with the help of an ERP which is designed specifically for companies related to Pharmaceutical and Life Science.

Whereas, MetaPharma breaks the myth of SMEs by helping them in finding the solution of their problem with an Integrated Pharma ERP solution i.e., MetaPharma. It’s a robust ERP solution that helps to outgrow, outperform and outdo the competition. Unavoidably, such ERP solutions should cover most of the processes, but it’s important to look out for some specifications.

Let’s see what are those features require in ERPs:

Formulation and Pre-formulation Management

The manufacturing process of the drug comprises strict formulation and monitoring of raw material ingredients and finished product yields to produce a batch. The pre-formulation stage includes defining production procedures of drugs, stages, quantities, etc. With a robust ERP system, such as the Pharma Microsoft Dynamics 365 Business Central, pharma companies can ensure automation of these formulations without continuously watching productions and no worry of manual errors.

Meets Regulatory Compliance

Regulatory compliance is the most important factor for all pharma companies. It is essential to follow safety and healthcare protocols to maintain global standards. Whereas, Dynamics 365 Business Central can serve as a game-changer. It has a flexible interface, centralized networking features, and automation solutions. That allows pharma companies to keep up with the changing rules and regulations and helps manufacturers to track these measures and stay compliant.

Higher Level of Security

Approval and validation in Pharmaceuticals are important ways to ensure that every part of the supply chain is running smoothly and efficiently. Besides being readable and unique, the e-signature of each employee. It requires two forms of validation either a password or a user code. Make sure you confirm that the ERP you’re looking for has built-in e-signature capabilities, as well as the ability to customize them.

Precise Quality Management System

Consistency, quality, and safety are all important factors in process manufacturing, even more so when it comes to pharmaceuticals. Being compliant is one of the biggest challenges a pharmaceutical company faces and no compromises can be made. MetaPharma, an ERP solution integrated with the Dynamics 365 Business Central is suitable for Pharmaceutical Manufacturers. It contains a Quality Management System and control functionality. It covers the whole process from the purchase of raw materials to the manufacturing and post-manufacturing stages.

Subject to Customization

Though a lot of capabilities of Pharmaceutical ERP should be already built-in it’s important that the solution is customizable. Regulations change, business processes change, and so should your ERP. MetaPharma offers customization that would suit the exact needs of your company and can make changes at any time, not just at the beginning of the implementation.

For more information and a tailored demonstration contact us at MetaPharma.