SAP S/4HANA for Pharmaceutical Industry
Pharmaceutical Industry has witnessed a lot of growth in terms of research and development, but over a period of time, the industry is facing numerous market challenges like highly disjointed distribution network, lacking advanced set-up & framework, increased operational cost using SAP for Pharmaceutical Industry and most importantly various types of strict regulatory affairs & statutory governance during manufacturing as well as supplies & distribution of products, you can manage everything with the help of our SAP S/4HANA for Pharmaceutical Industry.
SAP Support for Pharmaceutical Industry
We offer the best SAP Support for Pharmaceutical Industry and SAP Solutions for Pharmaceutical Industry.Here the SAP S/4HANA for Pharmaceutical Industry from Nexus Business Solutions comes in to address these Risks & Challenges. The business requirements of SAP for Pharmaceutical Industry to be addressed in the SAP Business Suite.
An accelerated SAP Solutions for Pharmaceutical Industry to meet the core ERP functionality for enterprises throughout the industry including Liquid & Solid Formations manufacturers, Clinical Trials, distributors and retailers & consumers using SAP Solutions for Pharmaceutical Industry.
The SAP for Pharmaceutical Industry addresses the core business processes namely Finance, Sales & Distribution, Procurement, Contract Manufacturing, Production planning, Serialization, 3PL Integration, and Track & Trace of finished products to Raw material suppliers & Revenue Recognition with SAP S/4HANA for Pharmaceutical industry
6 Major Advantages of SAP for Pharmaceutical Industry
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Stay Compliant and Progressing Forward
The most important factor of success is Compliance.
In Todays’ industry environment, every pharmaceutical business follows a diverse regulation set, regulated by various agencies such as FDA, Drug Council, and EPA; our solutions address these statutory, regulatory, governance & compliance management. -
Identifying and Fixing Problems like DATA Management, decision making
Pharmaceutical organizations have been facing a major challenge in managing real time data volumes, thereby making it enormously tough for ensuring product safety &maintain product integrity. Our solutions integrated approach provides companies to access all the required information, helping them to swiftly diagnose the troubles with respect to raw materials, supplies, in the manufacturing processes, quality control, and packaging.
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Swift & Easy Execution of Business Strategies
It has been observed that there is an increased & marked shift from the R&D- centered business model to the dual focus model achieving significant sales growth by major businesses. Therefore, it requires market intelligence-like customer relationships, competitor activity & share, doctors database thereby improving sales efficiency. Our solution helps businesses to create real-time data analytics and reporting to achieve market share and business goals.
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Minimizing Delays
Most importantly it has been observed that during theproduct launch & peak sales, there is a huge time gap time to market, which needs to be minimized to address major declining revenues. Nexus solution offers contract management, improving campaign management and track &performance, and swift identification and mitigation process.
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Taking Advantage of Emerging Outsourcing Opportunities
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Easy tracking and tracing of Products
In current times, track and trace of products are very important for any business as that created the image and reputation of the company. Our core expertise in RFID Technology and integrated solutions; this can be rapidly installed &deployed with core supply chain and ERP processes.The new capabilities help thebusinesses to monitor their finished products, trace &track them and prevent any sort of misadventures reducing the negative image and hence maintaining a trustworthy image.
Addressing SAP S/4HANA for Pharmaceutical Industry:
Key Features of SAP Support for Pharmaceutical Industry:
- Strong Contract Manufacturing functionality
- Bulk Manufacturing with/wo PI Sheets
- VMI – vendor managed inventory
- Intercompany sales & transfer pricing
- Variant Configurations – formulation strengths
- Advanced Available to Promise
- Strong CGMP & Regulatory affairs reporting
- Advanced finished product traceability functionality
- Regulatory governance & compliance &reporting
- Patents, IP & Royalty Management
- Enhanced Plant maintenance functionality
- Batch management streamlined -Serialization & RFID integration
- Complaints Management
Major Benefits of SAP for Pharmaceutical Industry
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Facilitate seamless & integrated Sales, Service & Contract Processes
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Integrated to the internal supply chain for Contract manufacturing processes
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Full circle cycle visibility of all assets, contracts, and RFQs at all times
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Multi-level BOM &inventory visibility
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Enhanced Warehouse
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Management, with embedded Transportation module for tracking, 3PL connections & drop shipment capabilities
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Strong Grievances & Returns management
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Comprehensive Batch Genealogy & product call back process
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Integrated CGMP & federal reporting process
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Advanced track n trace of Finished products to RM and vendors supplies
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Real-time Available-to-promise (ATP)system and backlog management
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Contract Integration
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Returns & Sample management
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Service Notification through the Repairs process
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Contract Management, pricing schema, licensing and service terms