Managing a pharmaceutical company is far from an easy task, especially as it’s one of the most complex and highly regulated industries of today. In this article, we will take a closer look at how Important is ERP software for pharmaceutical distributors. As with most other industries, pharmaceutical companies are also expected to continuously increase their productivity, streamline their operations and optimize their competitive advantages.
However, it’s not effective to oversee and handle this all manually. Rather, modern pharma companies are now deploying ERP solutions to aid with processes such as sales functions, batch production, quality assurance, inventory control, and accounting.
Pharmaceutical distributors play a middleman role between the manufacturers and patients. If the pharmaceutical distribution is interrupted or mismanaged then the manufacturers might not be able to deliver the pharma drugs to the patients and hospitals in a proper, secure and timely manner. This could put the patients’ lives at risk.
Role of Pharmaceutical Distributors
As logistics experts, distributors do not manufacture, prescribe or promote medicines. Distributors also do not make clinical decisions as to who should or should not receive medicine or what medicine is best for a particular patient. Getting a medicine starts with a prescription, and distributors help make sure that what your healthcare provider prescribes gets to your hospital, pharmacy, or other healthcare facilities safely, securely, and reliably.
ERP for Pharmaceutical Distributors
A pharmaceutical distributor, while still operating under state legislation, will not be as closely regulated as manufacturers and as there are plenty of solutions that will let you create a manufacturing record and trace product genealogy you will have a bit more room to choose the best solution for you. This means that we can now look at more agile and cloud-based ERP products, such as Dynamic365. For example, MetaPharma with Dynamics 365 Business Central a fully integrated Microsoft ERP Solution is considered a good choice for many mid-sized pharma distributors these days, and here at MetaOption, we have seen a clear increase in the number of pharma companies asking directly for this system.
For more information and a tailored demonstration contact us today at MetaOption.