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Showing posts with the label Pharma

Healthcare reforms with ERP software for Pharma

Healthcare industry is trying to reform at the earliest. There are lot of challenges that this industry is facing all across the globe, such as increase in demand and strict regulatory pressures. The patients and government bodies are raising a high demand of quality in terms of care, reduced costs, and enhanced transparency. You can easily overcome these business challenges. To do this, it is necessary that the pharmaceutical industry becomes proactive towards compliance, product safety, and meet the market needs. What is the solution? There are a lot of ERP solutions for pharmaceuticals that provide out-of-box as well as complete solution for this industry. SAP Business One for pharmaceuticals is one of them. It not only provides simple and cost-effective process model, but also takes care whether the pharmaceutical compliance software helps manufacturers to be in compliance to Current Good Manufacturing Practices (CGMP) requirements. SAP Business One is a process manufacturi...

Success mantra for Indian pharmaceutical companies: Say Hello to SAP!

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For sometime now, we know that India has become a major economic zone globally and has been delivering its quality products and services. An industry, that is specifically being been noticed with keen eyes in the present scenario, is the Indian pharmaceutical industry. Increasing at 12.70 percent in 2015 and expected to expand at a CAGR of 15.92 percent by 2020 that means that the Indian pharmaceutical industry would be worth a whopping US$ 55 billion! With these projections India will become the third largest pharmaceutical market in coming years. The major growth in Indian pharmaceutical industry can be conferred to its processes and people. The manufacturing and production processes followed by Indian companies are not only compliance oriented, but also operate at significantly lower costs as compared to US and Europe. Indian companies also get competitive edge over other nations as they produce some of the best engineers and scientists on its homeland that contribute in in...