Pharmaceutical ERP (Enterprise Resource Planning) software system is the most effective way to identify and track every single raw material from receipt through processing, packaging and shipping, to the exact customer location. If that is the case then what prevents from many small and medium Indian enterprises keeping away from implementing this effective tool. The ground reality points to cost factor. ERP is costly, that’s what some of the feedback we have received. eresource Infotech thought of an alternative. An affordable for ERP from eresource ERP for Indian market has been found its way through many of our customers who have started taking advantage of this effective tool in a very successful manner. The advantage of eresource ERP for pharmaceutical manufacturers are that it can effortlessly track lot properties while optimizing and improving other business processes like batch production, sales functions, inventory control, purchasing, quality assurance, accounting and finance, regulatory reporting etc. Best ERP for Pharmaceutical Industry It has been proved beyond doubt that implementation of eresource ERP systems not only gives more transparency to your business process but also it allows your business to operate more efficiently, predictably and more profitably. Implementing an industry-compatible eresource ERP system will not only meet the traceability requirements, but also seamlessly link all departments, resulting in streamlined operations, maximized productivity, and increased profitability. While choosing an ERP system you should consider both its ability to track every raw material from receipt through finished product delivery, and its adaptability to your unique manufacturing process. eresource ERP helps you to oversee every area of your business without the necessity for separate software packages or expensive customization. Also read – Manufacturing erp software in uae
ERP addresses challenges faced by Pharmaceutical companies Pharmaceutical companies in India have lately started realizing the importance of having an ERP system implemented in their organizations to address both their information and regulatory needs. These requirements helped improve product and process understanding. Challenges faced by pharmaceutical companies are best addressed by integrated approaches offered by ERP systems which not only provide better control over their business processes, but also help them in manufacturing products as per cGMP requirements. ERP products like web-based eresource ERP system provides full services for pharmaceutical products like vitamins, natural health and dietary supplement from raw materials to finished products. eresource has been recognized as a “one stop service provider” among its customers because it offers a complete range of services ranging from supply of raw material, production, manufacturing and packing etc. Many companies used to work on spreadsheet like Microsoft Excel for keeping data to run the business which consisted of manufacturing hundreds of products. This method not only resulted a lot of time wasting but also caused lot of hardship in maintaining raw material inventory and in maintenance of records of lot numbers used in the finished products. This working hassles prompted pharmaceutical companies to look a system that will improve their business process and also could fetch a respectful return on their investment. Many companies have found the right answer to their problem in the ERP system which would provide real time access to all their business activities. Success stories of these companies are also attribute success story of ERP solution provider like eresource ERP. The main advantage with a web-based ERP is information sharing. It is very important that organizations must provide customers, employees, suppliers, distributors and numerous other parties with the information they need, when they need it. As a result, business systems and processes can no longer remain isolated and disparate. Business success now requires better performance from easier application integration. ERP System like eresource shares information internally and externally through Web applications, business-to-business (B2B) exchanges and value-added networks. These exchanges and transactions are be real-time, on-line and immediate – i.e. conducted anytime, anywhere and without compromise to security or transaction integrity. Through the use of Web enabled services, the cycle time between buying and replenishment can be greatly reduced and the potential for errors virtually eliminated. Also Read – ERP System for Construction Industry
In order to meet their information and regulatory needs, pharmaceutical companies have recently begun to realize how important it is to establish an ERP system in their organizations. Product and process understanding was enhanced by these needs. Pharmaceutical firms may effectively tackle their challenges by utilizing integrated techniques provided by ERP systems. These systems not only give them greater control over their business processes but also assist them in manufacturing products in compliance with cGMP (Current Good Manufacturing Practice) regulations. The web-based eresource ERP system, eresource Bpro, offers comprehensive services for pharmaceutical products, including vitamins, nutritional supplements, and natural health products on its product process from raw materials to completed goods. Have real-time access to all business activities When running their businesses, pharmaceutical companies that produce hundreds of health and nutrition products use spreadsheet programs like Excel to store data. In addition to being very time-consuming, this process made it difficult to keep track of the lot numbers utilized in the finished products and to maintain raw material inventories. Lately, Pharmaceutical companies have realized the difficulties with these procedures and started moving to other software applications that would streamline their operations and provide a reasonable return on investment. The ERP system, which offers real-time access to all of a company’s business activities, has proven to be the solution for many businesses. These businesses’ achievements are also credited to ERP system suppliers like eresource ERP. Information sharing is the primary benefit of a web-based eresource ERP. Businesses must give the information they require, when they require it, to consumers, staff members, suppliers, distributors, and a host of other stakeholders. Consequently, corporate processes and systems can no longer be kept separate and apart. Better performance through simpler application integration is increasingly necessary for business success. Through web applications like eresource ERP information can be easily shared both internally and externally. These exchanges and transactions are instantaneous, real-time, and online; they may be carried out at any time, from any location, and without compromising security or transaction integrity. Error risk may be practically removed and the cycle time between buying and refilling can be significantly decreased by using Web-enabled services. Selecting the appropriate ERP System for your company ERP software is widely available on the market these days due to the increase in the number of industries. However, businesses must exercise extreme caution while selecting the ERP software platform that will support their company’s expansion. When selecting the best ERP software system for your company, performance is the most important consideration that should never be overlooked. Examine the need The organization should first examine and assess its operational procedures. What modules they should investigate and how do they operate? Which business areas are their primary focus? What are their advantages and disadvantages? The document should also outline the company’s target planning, sales force strategies, and future business planning. Once the document is complete, begin researching every ERP program on the market and see which one best suits your needs. Technical Specifications of ERP Software Users may not be technically sound, and if the software is not stable and easy to use, they may encounter difficulties using it. This is why, while the business solution is the primary focus of ERP, it is important to evaluate the software’s technical specifications as well. Investing in ERP software can be optimized with a few easy steps. Perform a cost-benefit analysis – At least a hundred times over, when selecting the best ERP software platform, consider how much you should be willing to spend on the program. For more information and a LIVE DEMO of exclusive ERP systems for various industries, please get in touch with us now. Visit our website www.eresourceerp.com or write to us: sales@eresourceinfotech.com
Pharmaceutical, chemical, fertiliser, pesticide, and other process manufacturing industry sectors are faced with new opportunities and challenges as they work to stay up with the swift changes occurring throughout the globe in the information technology sphere. Here are some of the difficulties the process industry sector is facing: Also Read – Cloud Manufacturing ERP Software eresource Bpro ERP system has the necessary modules to address any issue that the process industry sector faces. Benefits of eresource Bpro ERP Software in the Pharmaceutical Industry Software for enterprise resource planning is becoming important for businesses to integrate all of their business activities. The advantages of eresource Bpro enterprise resource planning (ERP) software in the pharmaceutical industry are elaborated here. Enterprise systems are necessary for pharmaceutical manufacturers and businesses to streamline their business operations. Pharmaceutical business must constantly modify their business procedures if they want to compete in fiercely competitive business environments. Over the past ten years, changing market conditions have given modelling business processes a significant boost. Examples include: As a result, business process reengineering is frequently used, and IT is the best method for doing so. Business procedures and communications between people who use these processes are the main focus of contemporary information technology. eresource Bpro ERP system integrate and automate an organization’s core operations, facilitating information exchange between those operations and enabling information sharing across organisational units regardless of their physical location. Also Read – Best ERP Software in Nigeria A boon for SMBs in pharma business Projects meant to progress specific modules served as the foundation for the creation of this ERP system to support these company processes. Two important areas of profit and cost centre accounting, which enabled improved control of financial resources, projections, and a new style of analysis, were implemented as part of the system. A highly competitive market as a result of the constant demand for new and improved pharmaceutical products puts a lot of pressure on pharmaceutical manufacturers. It is also becoming a big challenge for Small and Medium Businesses in this sector to keep up with the demand for the production of such drugs in large quantities. Additionally, they must adhere to strict rules established by the government. Pharmaceutical businesses need the appropriate ERP support to streamline raw material procurement, shorten procurement and delivery cycles, track receivables and payments to suppliers for managing credit facilities, provide a collaborative portal for supply chain management, and support management analysis. In order to determine the optimal resources for ERP, consider the four Ms: money, man, material, and machine. Higher efficiency and improved performance are the results of making the best use of these resources. Undoubtedly eresource ERP software aids businesses in making the most effective use of their personnel and resources. It serves as a connecting connection between all of the company’s departments. We hope that this knowledge will make it easier for pharmaceutical companies to comprehend the advantages and benefits of adopting eresource Bpro ERP software in its organisations. Also Read – ERP for Power Industry