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 and most importantly various types of strict regulatory affairs & statutory governance during manufacturing as well as supplies & distribution of products.
This industry requires practical real-time solutions and cost-effective systems to deal with these numerous market challenges& risks, which help to manage the complexities, regulation compliance, reduction in costs and increase ROI.
Here where the SAP Solutions from Nexus Business Solutions comes in to address these Risks & Challenges. The business requirements of the pharmaceutical industry are all addressed in the SAP Business Suite.
An accelerated solution for the Pharmaceutical industry to meet the core ERP functionality for enterprises throughout the industry including Liquid & Solid Formations manufacturers, Clinical Trials, distributors and retailers & consumers. The Solution 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.
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.
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.
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.
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.
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.
Facilitate seamless & integrated Sales, Service & Contract Processes
Integrated to the internal supply chain for Contract manufacturing processes
Full circle cycle visibility of all assets, contracts, and RFQs at all times
Multi-level BOM &inventory visibility
Management, with embedded Transportation module for tracking, 3PL connections & drop shipment capabilities
Strong Grievances & Returns management
Comprehensive Batch Genealogy & product call back process
Integrated CGMP & federal reporting process
Advanced track n trace of Finished products to RM and vendors supplies
Real-time Available-to-promise (ATP)system and backlog management
Returns & Sample management
Service Notification through the Repairs process
Contract Management, pricing schema, licensing and service terms