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.