Meta-Pharma

Meta-Pharma Solution for the Pharmaceuticals Industry built on Microsoft Dynamics 365 Business Central provides an accelerated solution to meeting the core ERP functionality for companies across the industry. The solution supports core business processes such as finance, manufacturing, sales, shipping, project management, services, as well as unique requirements such as DSCSA Track and Trace Compliant, Serialization, Lot and Serial Number Traceability, CSOS and ARCOS, EDI integration, Barcode scanning, Production Control, Quality Management and Warehouse management. All these features work together to automate processes and grow your business, increase transparency, and aid in regulatory compliance.

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Challenges of Digital Transformation in Pharmaceutical Manufacturing

Today’s challenges that pharma manufacturers are facing reflect the rapid change of dynamics in Pharma Healthcare. In addition, the strict regulations they must adhere to may result in increasing the complexity of pharmaceutical manufacturing. The Pharmaceutical ERP system for Pharmaceutical Industry is the best method to recognize and track every single raw material from receipt through processing, bundling, and shipping, to the specific client location by following the regulations.

There are many challenges of digital transformation in pharmaceutical manufacturing. Today, we are looking at a few of the key issues that can lead to task failure or missed opportunities.

Top challenges of Digital Transformation in Pharmaceutical Manufacturing

Cost of Initial Funds

Large business organizations typically have the bandwidth required to embrace new digital solutions. However, SMBs manufacturers often lack the means to pursue those same objectives. These enterprises might decide to stick with legacy systems, especially if there are not any clear pain points connected with them. In Addition, with the right strategy, SMB manufacturers can make smart investments in advanced technologies that can deliver calculable benefits, including:

Improved operational efficiency

Reduced downtime

Improved data visibility and analysis

Lack of Digital Expertise in Pharmaceutical Manufacturing

There is no secret that manufacturing has become quicker, sleeker, and more automated than ever before. However, this industry is still relatively new to the digital game. Many manufacturing leaders may not understand the inner workings of some of the latest developments, such as:

Machine learning

Artificial intelligence

Process automation

Advanced data analytics

Cloud computing

This lack of direct knowledge can delay progress, but it is not a reason to avoid digital transformation overall. Also. manufacturers who lack important technical expertise can find guidance from Pharmaceutical ERP partners who can control their industry and technical knowledge to guide technology purchases.Inflexible Legacy Infrastructure​

Advanced manufacturing technologies, like pharmaceutical manufacturing ERP systems, are robust and future-focused. While selecting these systems, you will have to make important decisions. This may include retiring legacy processes that are not as efficient as they used to be. It might mean retraining employees, even those who have been there for years or hold a managerial rank.

Employee Resistance​ and Pushback

A manufacturer could heavily invest in digital transformation only to find that it did not achieve the anticipated results. When this happens, the issue is not always technical. In many cases, the issue is related to the people and processes behind the technology.

Such issues include:

Forwarding business-sensitive data to third parties

Opening unsafe or unknown attachments

Incorrectly configuring machines

Mishandling tools or equipment

The benefit of Pharmaceutical ERP, Meta-Pharma is an advanced ERP for pharmaceutical manufacturers. By using this manufacturers can easily track lot properties while streamlining and improving other business measures like batch production, sales capacities, inventory control, purchasing, quality affirmation, accounting and account, regulatory reporting, and so on with the integration of Dynamics 365 Business Central.

For more information and tailored demonstration contact us today at Meta-Pharma.

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What are the top three benefits that pharmaceutical ERP has?

The pharmaceutical industry is one of the most uncertain industries in the business world. The reason behind this is the lot of major changes happening in the Pharma healthcare sector. Whereas, ERP for the pharmaceutical industry not only enables the consolidation and integration of pharmaceutical business processes across multiple things but also helps businesses to keep track of operations across the organization.

Meta-Pharma, an Advanced Pharmaceutical ERP solution helps businesses in organizing their procurement processes, while reducing production and delivery time. It helps the pharma industry to comply with cGMP requirements. In addition, as they seek out ways to streamline processes, improve efficiencies, and comply with strict regulations, these organizations are considering the benefits of ERP software.

Let’s take a quick look at the benefits of Pharmaceutical ERP, some specific ways that how an ERP can make a major difference:

Formulation and Pre-Formulation

Logically, there are some strict regulations that regulate the drug manufacturing process. These regulations include guidelines around how employees should formulate and monitor raw materials, as well as how they should manage finished product yields to produce a batch.

In the pre-formulation stage, employees must follow stiff quality processes that include:

Defining drug production procedures

Scheduling drug production stages

Measuring drug production quantities

With a Pharmaceutical ERP system in place, companies can automatically regulate these formulations, while having confidence that the margin of minimal error. Additionally, they can do so without keeping constantly keeping an eye on overproductions, which optimizes productivity through the board.

Assigning Drug Product CostingSeveral factors go into assigning a cost to a drug product. Among other considerations, companies must calculate the expenses associated by:

Procuring materials

Managing raw materials

Monitoring the supply chain

Without a centralized ERP platform for pharma, these costs are recorded individually in particular departments. Intrinsically, any time this updates the information; it can take a while for the in-sync of the new numbers. This makes it integrally difficult to nail down final product costs.

Track and Traceability of Inventory with Pharmaceutical ERP

It’s always been important for pharmaceutical companies to ensure proper management of inventory. The recent pandemic situation underscored this concern with several factors. With the implementation of ERP, pharmaceutical companies can track and trace products in real-time.

They can also use serialization to manage inventory and avoid time-consuming blockages and most importantly they potentially overwhelm stock-outs. Many platforms also include traceability functions that enable companies to perform rapid recalls if required.

For more information and a tailored demonstration contact us today at Meta-Pharma.

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Challenges faced by an organization while selecting Pharmaceutical ERP

The Pharmaceutical ERP system for the pharmaceutical industry is the best way to recognize and track every single raw material, goods from receipt through processing, bundling, and shipping, to the specific client location. Meta-Pharma, the best  ERP for the pharmaceutical industry as well as for manufacturers makes it easy to track lot properties while streamlining and improving other business measures like batch production, sales capacities, inventory control, purchasing, quality affirmation, accounting, and account, regulatory reporting, and so on.

If you want to implement an ERP for your pharmaceutical company. Then be sure to get answers to the following questions:

Can you map your manufacturing process validation?

Is it track retest dates?

Does it track the recalibration of your equipment and make them unavailable for measurement and recording?

Does it have print control for controlled documents?

Is it integrates with your manufacturing equipment?

Is it eBMR capable?

How does it help in revalidating a process to avoid human errors?

Has it been validates under 21CFR part II or any other system validation for manufacturing?

Is the QA, QC process an integral part of the manufacturing, inventory, purchase, and logistics module to ensure that QC can be triggered at any point in the supply chain?

These challenges are efficiently addressed in Meta-Pharma, which not only provides better control over the business processes but also helps manufacturing products as per cGMP guidelines. Hence, the product is one of the most suitable ERPs for pharmaceutical companies.

While picking a Pharma ERP system you should consider the two of its capacity to track each raw material from receipt through completed item delivery. Moreover, its flexibility to your extraordinary manufacturing process. Meta-Pharma ERP encourages yo  u to direct your business without the need for separate software bundles or costly customization.

Learn how to implement Pharmaceutical ERP

For more information and a tailored demonstration about the Pharmaceutical ERP contact us at Meta-Pharma.

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How to improve quality in pharmaceutical manufacturing process?

The pharmaceutical manufacturing businesses are finding it difficult to yield quality products amidst healthcare reforms, changing customer needs, accurate administration requirements, rising competition, and evolving market trends. These challenges have created a dire need for streamlining processes, optimizing operations, and maximizing efficiency to deliver quality products at a reduced cost. Going conventionally, it’s beyond the bounds of possibility. That is where Pharma ERP appears as a powerful solution.

Meta-Pharma is one of them; a robust ERP software for the pharmaceutical manufacturing industry integrated with the Dynamic 365 Business Central emerges as the system that controls, connects, and integrates all the departments, and internal processes, and automates all the key functions such as planning, procurement, inventory, production, and BI.

Managing the production process

Production is one of the fundamental parts of a product-based business like the pharmaceutical industry. There are many features involved in a production process like maintaining the quality of products. This system comes with features that help in planning, responding to changes, managing production, and tracking batches of products.

Here are some ways to improve quality:

Advanced Quality Management System

Quality management within the Pharmaceutical trade is somewhat necessary due to the criticality of the functions involved particularly when it is concerning life. The poor quality of the drugs will place one life to risk. The process of quality management matters from the initial stage itself i.e. manufacturing.

Choosing a Pharmaceutical Quality Management System is an important decision when it comes to the life of an individual. A structured system can help manage all the records, workflows, and processes in a certain order that may eventually improve overall product quality.

Quality Control & Traceability

Quality Control is the main point for a successful and effective ERP system. QC and QA in Pharmaceutical ERP cannot be a different module yet firmly incorporated with all processes of the Supply chain and Manufacturing. In the Pharma industry, the QC and QA should be inescapable across the whole ERP Pharmaceutical interaction.

Traceability and transparency

Using a system to track the manufacturing of batches from raw material to the finished product will give proper traceability-and-transparency. It is important if recalls are necessary, to be able to track every product as quickly as possible if problems occur – and it could be useful for audits.

While picking Pharmaceutical ERP system you should consider its capacity to track raw material from receipt through completed item delivery. Moreover, its flexibility to your extraordinary manufacturing process. Also, Meta-Pharma ERP encourages you to direct your business without the need for separate software bundles or costly customization.

For more information about Pharmaceutical ERP and to know how to implement it? contact us at Meta-Pharma.

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Ways to increase productivity of the Pharmaceutical Manufacturing: Meta-Pharma

Improving processes and resources by taking advantage of manufacturing and control technology can help. An

ERP software solution

that can help pharmaceutical companies to track data, control processes, and automate various functions can be beneficial in this area. It consists of Batch Processing and Material Requirements Planning modules for managing all

drug-manufacturing processes

.

For the pharmaceutical industry, quality and safety requirements must be stringent to satisfy the health and safety of patients. Increasing competition, changing regulatory requirements, disruptive technologies, and various other factors are pushing pharmaceutical manufacturers to fast track innovation to boost their productivity and product quality.

Benefits of ERP Software in Pharmaceutical Manufacturing

MetaPharma, Pharmaceutical ERP software offers the following benefits:

ERP systems for pharmaceutical manufacturing ensure absolute compliance to the stringent regulations

Eliminate risk by delivering safer products of superior quality at the right price and right time

Introduce new products to market faster and cheaper than competitors do

Real-time batch monitoring to make perfect business decisions

ERP software for the Pharmaceutical Industry helps in maintaining formula secrecy

Respond quickly to customer demands

Smoothen operational process flow and enhance profits

Enhance the quality, consistency, and speed to deliver drugs to market

Control costs through reduced wastage, optimum material utilization, and inventory management

Pharma ERP software offer end-to-end bi-directional traceability, from the raw material to the finished product

This way, ERP software for pharmaceuticals helps manufacturers streamline their entire operations and take proactive informed decisions to outlast the competition.

Ways pharmaceutical manufacturers can improve productivity

Secure data integrity and compliance

Pharmaceutical industries are subject to strict regulations and standards and must carefully protect the integrity of their data. Finding a proficient, consistent way to do so can help these pharma industries to boost their productivity and their quality.

Maximize productivity and flexibility

Productivity refers to how much input, including time, money, and materials, it takes a business to produce a given amount of output. Therefore, efficiency is closely linked to productivity.

Improve the life of manufacturing assets

An alternative way that pharmaceutical manufacturing business can increase their efficiency is by improving the life and uptime of their machinery. Spending on high-quality tools can help companies to avoid these tools issues.

Integrate the technology

Pharmaceutical manufacturing processes are difficult, and the facilities hold a wide range of equipment, drugs, and systems. The production process on its own is complex, but you also have to consider the supporting equipment and the building systems. The manufacturing process for pharmaceuticals calls for a tightly controlled environment. Integrating these systems can make it easier to control the production process and environment and ensure it will be optimized to increase productivity.

For more information and a tailored demonstration contact us today at Meta-Pharma.

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Top benefits of Landed Cost Tracking in the Pharmaceutical Industry

Landed Cost Tracking (LCT)

provides visibility of imported goods through shipment tracking and empowers more noteworthy control of all related expenses, resulting in precise landed costs. It empowers you to track shipments of imported goods, display the progress and estimated arrival times of shipments and establish a solid gauge of the overall cost of imported goods. Moreover, it helps with the calculation of a more precise actual cost at which to get the goods and provides an actual cost comparison to the various estimates made throughout the procurement cycle.

The Pharmaceutical companies face challenges of improving/sustaining on-time deliveries, cut back inventory whereas still having the flexibility to reply to shorter lead times, with advanced planning and tools to manage sudden events like break downs, rush orders, changing customer priorities, etc. Whereas, Meta-Pharma is an ERP Solution for Pharmaceutical built on Microsoft Dynamics 365 Business Central meets the requirements of your growing Pharma business and helps to track the landed cost with the functionality of LCT.

Benefits of Landed Cost Tracking

Identification of all price components related to imported goods for better estimates of landed costs

Estimated landed costs for every product through correct costs apportioning supported volume, value, quantity, etc.

Tracking of shipment arrival dates

Pre-costing of shipments for efficient receipting

Multiple tariff codes

Goods Received Note system to trace component costs for correct invoice matching

Automatic update of predictable arrival date once shipping date is revising.

Archiving of completed shipments and related costs

Track your business progress by implementing Pharmaceutical ERP contact us today, schedule a free demonstration at Meta-Pharma.

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Pharmaceutical Distributors: How Pharmaceutical ERP benefits Distributors?

Managing a pharmaceutical company isn’t an easy task, as it’s one of the most complex and highly regulated industries. Whereas, pharma companies are compelled to alter their compliance practices to conform to changes in regulations and stringent anti-corruption laws. In this article, we will 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 systems to aid with processes such as sales functions, batch production, quality assurance, inventory control, and accounting.

Pharmaceutical Distributors

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 Pharma 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. It means that we can now look at more agile and cloud-based ERP products, such as Dynamic365.

For example, Meta-Pharma with the integration of Dynamics 365 Business Central, a fully integrated Microsoft ERP Solution is considered a good choice for many mid-sized pharmaceutical distributors these days.

Benefits of Pharmaceutical ERP Software Solutions for Pharmaceutical Distributors:

Meeting Regulatory Requirements

Inventory Management

Distribution Management

Document Control and Management

For more information and a tailored demonstration contact us today at Meta-Pharma.

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Pharmaceutical ERP: How Meta-Pharma helps to grow Manufacturing SMEs?

Either it’s Large Enterprises or SMEs, the manufacturing segment is the backbone of the pharma industry. The manufacturing SMEs are finding it tough to produce quality products along with healthcare reforms, altering client’s needs, exact administration requirements, increasing competition, and growing market drifts. These business challenges have created a dreadful need for streamlining processes, optimizing operations, and maximizing efficiency to deliver quality products at a reduced cost. Going predictably, it’s beyond the limits of possibility. That’s where Pharmaceutical ERP comes into the image as a powerful solution.

However, many SMEs still have misunderstandings on implementing ERP systems by considering they are too small. But they are living in the biggest myth because the procedure they follow and operations they execute are not unlike large manufacturing firms. Also, they need advanced ERP solutions to enlarge and exceed the competition.

Below are top reasons which reveal that’s why SMEs can’t afford to overlook Pharmaceutical ERP system implementation:

Comply with regulatory requirements The pharmaceutical industry is one of the highly regulated industries where lots of quality and regulatory compliances must be abiding by the manufacturers. Traditionally, ensuring compliance with FDA 21 CFR, cGMP, etc. It takes a lot of time, and sometimes, human errors are no exception that results in heavy forfeits. It can be prohibited with an ERP solution that comprises workflows, audit trails, approval controls, quality assurance, and quality control capabilities, and other several features, which makes compliance a waft for the manufacturers. Managing inventory level it is perhaps the most difficult aspect for healthcare companies to deal with. It requires a lot of resources to manage stock efficiently. Meta-Pharma helps you to track inventory and prevent scrap material. It can distinguish material required for production, direct stock administration process, provide stock level reports, and set targets. Quality Control & Traceability Quality Control is the main point for a successful and effective ERP system. QC and QA in Pharmaceutical ERP can’t be a different “module” yet firmly incorporate with all processes of the Supply chain and Manufacturing. In the Pharma industry, the QC and QA should be inescapable across the whole ERP Pharmaceutical interaction. Automates Batch Process Manufacturing ERP software can automate batch processes and help operators in their work. For instance, the operator can look at the batches to standardize processes throughout the manufacturing process. While analyzing batch activity and materials can be done using automatic system checking. Product batches that require sign-off or corrective actions, the system will allow for. It will also record all activities and audits to a database, so it may refer when requires. Traceability and transparency Using a system to track the manufacturing of batches from raw material to the finished product will give proper traceability and transparency. It’s important if recalls are necessary, to be able to track every product as quickly as possible if problems occur – and it could be useful for audits. Proper Document management IN the highly regulated pharma industry, it’s important to keep a record of all the information and its documentation for future analysis and audit checks. Granular audit trails require any system to utilize in an exceptionally directed industry like pharma. Meta-Pharma helps to keep the data in an organized manner that’s kept in silos to meet compliance.

While picking Pharmaceutical ERP system you should consider its capacity to track raw material from receipt through completed item delivery. And, its flexibility to your extraordinary manufacturing process. Meta-Pharma ERP encourages you to direct your business without the need for separate software bundles or costly customization.

For more information about Pharmaceutical ERP and to know how to implement it contact us at Meta-Pharma.

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Top 4 challenges facing by Pharmaceutical Supply Chain

Pharmaceutical distributors and wholesalers form an important link between drug manufacturers and hospitals, pharmacies, and other pharmaceutical institutions. The relations between the drug manufacturers, the distributors, and the end customers are complex and taken with some of the basic features of the pharmaceutical supply chain introduce a number of challenges for ERP systems.

Here are four of the most significant challenges

Lack of Transparency

One of the most common supply chain issues in the pharmaceutical industry is the difficulty in tracing problems to their source. Whenever pharmaceuticals arrive in a very unsuitable condition for human consumption, or an imitation drug gets into the shipment, or prices rise for no obvious reason.

Digitization

The digitization of documentation and standardization across industry platforms, digital signatures for regulatory documents, smart contracts, blockchain, and automation. The main challenge for pharmaceutical industries is the way to deliver changes securely, enhancing data security to help in post Covid19 work environments. And how to track conversion and reinvention of supply chain tools and techniques for continuous improvement within the digital world.

Compliance and regulations

The pharmaceutical supply chain already has to observe the latest Good Distribution Practice. But regulations are in constant change. Increasingly companies will need to organize their own internal control and management of customs and their supply chains in a better way, improving compliance to a new level.

Developing patient-centric pharmaceutical industry supply chains

With Meta-Pharma’s digital supply network, pharmaceutical manufacturers, health systems, and other stakeholders in the pharmaceutical industry supply chain get the granular end-to-end supply chain visibility and collaborative tools they need to create patient-centric supply chains. Healthcare providers are increasingly shifting far away from a one-size-fits-all approach in favor of personalized medicines, including next-generation cell and gene therapies, to boost patient outcomes.

In the event that you think about the current situation of the pharma industry, it is important to have an ERP system installed in the business environment. It helps in managing inventory, distribution, and manufacturing processes. Also, it streamlines the business operations of a pharmaceutical company. Meta-Pharma is one of the best ERP software solutions for pharmaceutical manufacturers and distributors. Also, it ensures growth in productivity and simplification of operations to enhance profit generation.

For more information about Pharmaceutical ERP and to know how to implement it contact us at Meta-Pharma.

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Top 3 benefits of implementing Pharmaceutical ERP for Manufacturers

The pharmaceutical industry is one of the most uncertain industries in the business world. The reason behind this is the lot of major changes happening in the Pharma healthcare sector. Following up with the change in the market trends, global competition, regulatory requirements, and changes in pharma, pharmaceutical companies have to be kept themselves updated. Also, the certain increase in high-quality pharmaceutical product demand at a competitive price is forcing pharmaceutical manufacturers and distributors to come up with new strategies to improve efficiency and minimize cost. The most important solution to all these issues is implementing a Pharmaceutical ERP system. The system guarantees to streamline operation, syncing of all departments, and also maintain transparency in the business process.

Here are the benefits that pharmaceutical manufacturers can achieve from Pharmaceutical ERP:

Managing the production process

Production is one of the fundamental parts of a product-based business like the pharmaceutical industry. There are many features involve in a production process like maintaining the quality of products. This system comes with features that help in planning, responding to changes, managing production, and tracking batches of products.

Managing inventory levels

In a business, keeping up with stock levels is given the most extreme significance. It is perhaps the most difficult aspect for healthcare companies to deal with. It requires a lot of resources to manage stock efficiently. Meta-Pharma helps you to track inventory and prevent scrap material. It can distinguish material required for production, direct stock administration process, provide stock level reports, and set targets.

Handling distribution process

The products need to get conveyed after their manufacturing is done. It adheres to various procedures across the country, which makes it hard to manual track the entire distribution process. The reason is, it’s taxing and contains a lot of human errors. What if you have pharma distribution software at your aid? Whereas, having an ERP system helps you with batch and lot tracking. This feature will trace the material batches from the time of the order to the time it will deliver.

In the event that you think about the current situation of the pharma industry, it is important to have an ERP system installed in the business environment. It helps in managing inventory, distribution, and manufacturing processes. Also, it streamlines the business operations of a pharmaceutical company.

Meta-Pharma is one of the best ERP software solutions for pharmaceutical manufacturers and distributors. Also, it ensures growth in productivity and simplification of operations to enhance profit generation.

For more information about Pharmaceutical ERP and to know how to implement it contact us at Meta-Pharma.

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Top 3 ways to enhance batch processing with Pharmaceutical ERP Software

Today’s challenges that pharma manufacturers are facing reflect the rapid change of dynamics in Pharma Healthcare. And the strict regulations they must adhere to may result in increasing the complexity of the batch processing. Testing and recognizing whether finished products meet quality and compliance standards is actually a challenge because if at any stage of the process or segments is compromised it could demolish the whole batch of goods. Hence, testing or quality checks throughout the manufacturing process are required.

Having a Pharmaceutical ERP system will provide the ability to do further testing and look further than the regulatory requirements, to acquire information on the risks that possible contaminants could have on any drug being produced.

Here are some of the ways to improve batch processing with the help of Pharmaceutical ERP Software for manufacturers:

Improve productivity

Pharmaceutical ERP permits flexibility for batch manufacturers. It improves productivity even when each batch has different parameters. Also, it will help to produce each batch at optimum efficiency, guarantee the required equipment can be selected based on specific parameters, and this can be automated and changed per the fixings and sterility mentioned.

Automates Batch Process

Manufacturing ERP software can automate batch processes and help operators in their work. For instance, the operator can look at the batches to standardize processes throughout the manufacturing process while analyzing batch activity and materials can be done using automatic system checking. Product batches that require sign-off or corrective actions, the system will allow for. It will also record all activities and audits to a database, so it can be referred to when required.

Traceability and transparency

Using a system to track the manufacturing of batches from raw material to the finished product will give proper traceability and transparency. It’s important if recalls are necessary, to be able to track every product as quickly as possible if problems occur – and it could be useful for audits.

Find out the right solution

The way to deal with these challenges is to owning a Pharmaceutical ERP system that is as flexible as the manufacturing procedure requires. It helps to manage quality and compliance, and supplier relationships. Meta-Pharma is an all-in-one Pharmaceutical ERP system that helps you continually improving, streamlining, and developing business processes, increase productivity, and maximizing return. For more information contact us today at Meta-Pharma.

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How Pharmaceutical ERP helps Distributors to manage Scheduled Drugs

One of the most important challenges for wholesale distribution businesses within the pharmaceutical industry is managing Scheduled Drugs, Limits, and Licenses. To control these requirements, many small and start-up pharmaceutical wholesale distributors use manual processes and spreadsheets, but this is often a really time-consuming process and prone to human error, a significant concern for pharma businesses where violations can cause huge fines and therefore the loss of your license to buy and sell the product.

Rather than it’s best to find an ERP software solution that will help to manage Schedules and Limits. Additionally, to all the other regulatory requirements within the pharmaceutical world like Suspicious Order Monitoring, Lot Tracking, and more. Basically, this ERP software will also be able to handle all your operational requirements including purchasing, accounting, financials, and warehouse management.

Overview of Scheduled Drugs

In the US, all drugs, substances, and certain chemicals used to make drugs are classified into 5 distinct categories. These Schedules are supported on the drugs’ acceptable medical use and therefore the drug’s abuse or dependency (addiction) potential. There are 5 categories (Schedules I through V) starting with Schedule I drugs which have a high potential for abuse and may cause severe psychological dependence, to Schedule V drugs which have the lowest potential for abuse. Common examples of drugs found under each Schedule are as follows:

Schedule I DRUGS:

Some familiar drugs assigned a schedule 1 class include:

Ecstasy

Heroin

LSD

Marijuana

Peyote

Schedule II DRUGS:

Some familiar drugs in the schedule 2 class include:

Cocaine

Morphine

Hydrocodone (Vicodin)

Meperidine (Demerol)

Methadone

Methamphetamine

Schedule III DRUGS:

Ketamine

Anabolic steroids

Buprenorphine (Suboxone)

Codeine and hydrocodone products mixed with aspirin or acetaminophen

Schedule IV DRUGS:

Ativan

Ambien

Clonazepam

Valium

Schedule V DRUGS:

Robitussin

Lyrica

Lomotil

While the DEA will assign all drugs a Schedule, these Schedules can be changed later and every state can prefer to change the Schedule of a product, as long as it’s never lesser than the Schedule assigned by the DEA. Some produce other specific regulations around drug Schedules. For instance, some states require that any distributor wishing to sell Scheduled drugs in that state must have its “NABP Drug Distributor Accreditation. Having this accreditation is similar to being ISO Certified but in the pharmaceutical industry.

Managing Scheduled Drugs with Pharma ERP

To help simplify drug inventory management, Meta-Pharma (Pharmaceutical ERP) provides many great features in our Pharmaceutical ERP software to maintain accurate information and meet regulations. For pharmaceutical distributors dealing with Scheduled products, Meta-Pharma (Pharmaceutical ERP) ERP allows you to.

Allot Schedules for both DEA/Federal and States (as applicable) to each product/NDC

Allot Licenses to each customer ship-to location with expiration dates, track State License information if applicable, and record all associated Schedules the customer can purchase under the specified Licenses

Inform the software used when a customer’s License is close to its expiration

If a user changes the ship-to location for an order, Meta-Pharma (Pharmaceutical ERP) performs a re-calculation to determine if the new ship-to has an acceptable License and if not, the system removes the products from the Sales Order. This includes Sales Orders coming from Meta-Pharma’s B2B Online Order Portal which gets automatically re-calculated to ensure active Licenses each time.

To further verify license information. Meta-Pharma performs an acceptable License check every time a process is to perform a Sales Order.

As you can see, using Pharmaceutical ERP makes it nearly impossible to violate Schedule and Limit regulations when it comes to selling products to customers. This is just one example of how Meta-Pharma (Pharmaceutical ERP) ERP helps pharmaceutical distributors manage inventory and sell products, without having to manually track and worry about meeting regulations. These pharmaceutical features are just a set of tools available as part of Meta-Pharma (Pharmaceutical ERP)’s full ERP solution.

For more information about the Pharmaceutical ERP solution and a tailored demonstration contact us at Meta-Pharma.

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How to manage your Inventory between your Pharmaceutical Distribution and 3PL

Moving with a 3PL (third-party logistics) provider model is common practice as businesses seek to exploit value throughout the supply chain. Instead of handling warehouse space, they use to pay a 3PL to handle the pick, pack, receipt, and shipping of product on their behalf. By doing this, the manufacturer ships products directly to the 3PL where orders are then fulfilled on behalf of the Wholesaler or Pharmaceutical Distributors.

This technique is basically for SMEs who do not wish to incur the costs associated with managing and staffing warehouse space, and for businesses that sell across the country and can benefit from multiple locations strategically placed. Before you decide on a 3PL partner, you need to consider all of the features of pharmaceutical ERP software. Below we explore how a Pharmaceutical ERP plays an important role and automates your business processes.

Pharmaceutical products require specialized procedures for their receipt, storage, handling, and distribution to their final destination.  Meta-Pharma, an ERP Solution for Pharmaceuticals Industry combines years of experience with a technologically advanced infrastructure for a sense of confidence and commitment that clients rely on and appreciate for the needs of pharmaceutical warehouse and distribution.

Meta-Pharma and Automated Processes

MetaPharma is an ERP Solution for Pharmaceuticals Industry built on Microsoft Dynamics 365 Business Central. It includes robust accounting and inventory management features and advanced functionality. Which work for traceability, lot tracking, regulatory compliance with the DEA, FDA, and DSCSA, and warehouse management. These features work together to automate processes and grow your business, increase transparency, and aid in regulatory compliance.

Meta-Pharma is an ERP Solution for Pharmaceuticals that can integrate with the systems used by your 3PL partners. Just like you need a solution to manage your daily business operations. Meta-Pharma with 3PL provides more chances for automation so that it can easily eliminate manual processes and the risk of human error.

Basically, it can be go through EDI, this integration allows your system to connect directly to the system of each of your 3PL partners. It means that instead of manually sending and receiving information and then manually updating your software, the systems can directly exchange information with one another, and then automatically update data and status’.

Value-Added Solution for Pharmaceutical Distribution

As you can see, integrating your Pharmaceutical ERP system with the software used by your 3PL partners is a much more efficient way of doing business. And, when you compare the costs and time associated with this, you may be happy to find that there is a clear case for electronically exchanging data. Especially, if you have to do a lot of transactions and a high order volume then it must be a better ERP solution for your Pharmaceutical Distribution business.

For more information and a tailored demonstration contact us at Meta-Pharma.

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Why Pharmaceutical Manufacturing Businesses need ERP Software?

Efficient business processes, centralized management, quick decision-making, and clear analytics have become essential for any business to grow in the modern-day scenario. Each industry has its own reasons for implementing suitable ERP software. Whereas, ERP for Pharma Industry not only enables the consolidation and integration of pharmaceutical manufacturing processes across multiple units but also helps businesses to keep track of operations across the organization.

MetaPharma, an Advanced Pharmaceutical ERP solution helps businesses in organizing their procurement processes, while reducing production and delivery time. Also, it helps manufacturers to be in compliance with cGMP requirements, in addition to providing a simple and cost-efficient process model. Being an ERP for Pharmaceuticals Industry, it understands formulation management requirements and integrates with your operations to provide real-time information.

Important Features of ERP software for Pharma Industry

Mobile Warehousing Management

DSCSA Track & Trace Compliant

CSOS and ARCOS

Quality Control

Orange Books

Executive Dashboard

Serialization Lot and Serial Number Traceability

Bill of Materials

Benefits of ERP Software in Pharmaceutical Manufacturing

MetaPharma, Pharmaceutical ERP system offers the following benefits:

ERP systems for Pharmaceutical Manufacturing ensure absolute compliance to the stringent regulations

Eliminate risk by delivering safer products of superior quality at the right price and right time

Introduce new products to market faster and cheaper than competitors

Real-time batch monitoring to make accurate business decisions

ERP software for the Pharma Industry help maintain formula secrecy

Respond quickly to customer demands

Smoothen operational process flow and enhance profits

Enhance the quality, consistency, and speed to deliver drugs to market

Control costs through reduced wastage, optimum material utilization, and inventory management

Pharma ERP software offer end-to-end bi-directional traceability, from the raw material to the finished product

This way, ERP software for Pharmaceuticals helps manufacturers streamline their entire operations and take a proactive informed decisions to outlast the competition.

For more information and a tailored demonstration contact us at MetaPharma.

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How ERP system useful in Pharmaceutical Industry?

The Pharmaceutical ERP system for Pharmaceutical Industry is the best method to recognize and track every single raw material from receipt through processing, bundling, and shipping, to the specific client location. If that is the case then what prevents many small and medium Indian enterprises from avoiding executing this effective tool.

The benefit of Meta-Pharma, ERP for pharmaceutical manufacturers is that it can easily track lot properties while streamlining and improving other business measures like batch production, sales capacities, inventory control, purchasing, quality affirmation, accounting and account, regulatory reporting, and so on.

Best ERP for Pharmaceutical Industry

The implementation of Meta-Pharma ERP systems does not just give more transparency to your business cycle yet. Additionally, it permits your business to work all the more effectively, predictably, and all the more beneficially.

Implementation of an industry-viable Meta Pharma ERP system will not just meet the traceability requirements. Additionally, it flawlessly connects all offices, bringing about smoothed-out activities, augmented efficiency, and expanded benefit.

While picking a Pharma ERP system you should consider the two of its capacity to track each raw material from receipt through completed item delivery. And, its flexibility to your extraordinary manufacturing process. Meta-Pharma ERP encourages you to direct your business without the need for separate software bundles or costly customization.

For more information about Pharmaceutical ERP and to know how to implement it contact us at Meta-Pharma.

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Strategies to transform your Pharmaceutical Industry digitally with Meta-Pharma

Digitally transforming the Pharmaceutical Industry supply chain pays benefits to the organizations, executives, and everything related to it. Want to know how?

By permitting organizations to be more efficient, resilient, and responsive to quickly changing customer demands. This transformation allows for:

Real-time tracking of raw materials

Accurate raw materials inventory tracking

Updated details quality control

Batch tracking from production to transportation

Organizations benefit from greater productivity and better resource allocation. Better resource allocations mean employees can be performing more significant work.

Key advantages of digital transformation in the pharmaceutical industry

At the point when implements a fully digital solution, it has the ability to track any single item anywhere under its control. This permits more efficient utilization of raw materials; they go where they are required now and perfect planning for the future.

Batch and Lot Tracking

ERP programs such as Microsoft Dynamics 365 Business Central allow organizations to create and track specific production quantities. Workers can scan batches and add their warehouse and location details, such as section, row, and bin number. When batches are broken into lots, each scan updates the tracking data providing a clear path from the current location to its creation.

By using this, warehouse workers can easily find any given batch, lot, or individual item from the time of creation through storage and transportation until final delivery.

Lot Traceability

The ability to trace production lots is important not just to ensure that every item goes to the correct destination but to ensure when problems occur, through this it can be addressed quickly.

Raw Materials Purchase Order Workflows

ERP such as Microsoft Dynamics 365 Business Central gathers data from multiple sources. It combines single data points.

A customer’s request for a new shipment, a salesperson’s request to have the order fulfilled, a stock check to determine if sufficient raw materials are on hand, an order to one or more suppliers for the active pharmaceutical ingredients (APIs) in one place.

Digitizing Quality Control Testing

Tracking products is important. So is tracking product quality. At the point when the quality control testing process is being digital, CFOs:

Have access to standardized recording and reporting processes

Can act proactively rather than responsively

Have open lines of communication with various divisions

See when a process is working and can suspend those that are not

Digitalizing these processes allow organizations to recognize and rectify quality control issues early in the process. They save money by not producing large quantities of inferior products.

For more information about the Pharmaceutical ERP solution and a tailored demonstration contact us at Meta-Pharma.

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Key Role of ERP Software Solution in the Pharmaceutical Industry

In the current situation, with the COVID-19 pandemic still being an imminent threat, all the major and minor industrial sectors are undergoing massive changes. The same goes for the pharmaceutical manufacturing industry, which is facing more business challenges than ever before. All over the world pharmaceutical industry already finding it hard to keep pace with the changing regulations, quality control requirements, radical healthcare reforms, and more.

Manufacturers need to differentiate themselves

As per the current situation, pharmaceutical manufacturing businesses need to differentiate themselves in order to be out of the box. They need to improve their current operational practices, streamline their processes, maximize operational efficiency to reduce costs, and win consumer loyalty.

To achieve this, pharma manufacturers need to have a system in place that offers streamlined workflow, data-backed analytics, and centralized management and facilitates agile decision-making. A system, that helps reduce cost, and improve the manufacturing processes, patient safety, hygiene standards, etc., too.

Meta-Pharma: ERP software to the rescue

In these demanding times, the manufacturers need to put in place a robust IT infrastructure that among other things. Meta-Pharma, a robust ERP software for the pharmaceutical industry integrated with the Dynamic 365 Business Central emerges as the system that controls, connects, and integrates all the departments, and internal processes, and automates all the key functions such as planning, procurement, inventory, production, and BI.

Moreover, it also helps manufacturers keep track & trace sensitive operations across organizations, such as compliance, expiries, quality, formulation, costing, and more. This enhances transparency in operations and facilitates the smooth functioning of the entire pharma manufacturing unit. To know more, ERP software plays for pharmaceutical manufacturing businesses through its different modules.

Formulation Management

Formulation holds great significance in the pharmaceutical manufacturing industry, and pharmaceutical ERP software plays a crucial role in managing it.  It helps manufacturers to manage all the essential aspects of formulation, including storing, retrieving, and revising every formula used in the business.

Regulatory compliance

The pharma manufacturers must always keep updated themselves about the latest industry, and compliance standards as well as policies. A Pharmaceutical ERP software helps in this regard, as it comes with a dedicated module to manage comprehensive regulatory compliance. ERP for pharmaceuticals ensures that the pharma companies adhere to all the local & global regulatory compliances such as the FDA CFR 21 Part 11, and also other requirements, and perform regular audits.

Quality Control & traceability

Manufacturing pharma products that meet the highest quality standards, and are completely safe and fit for consumption, is one of the top priorities for pharma manufacturers. To ensure this, a Pharma ERP solution with stiff Quality Control (QC) & traceability functionalities ensures full conformance with expected results by allowing tracing & tracking of the ingredients. It enables swift product recalls through its bi-directional traceability functionality.

Permits production as per cGMP norms

Manufacturing operations in a pharma company must be conducted as per the cGMP norms, and a pharma ERP software ensures it. It allows the manufacturers to maintain the pre-production records in the MBR, so as to check if the production is done as per the set industry standards.

Ensures data security

Data security is of paramount importance for pharmaceutical manufacturing businesses, Pharmaceutical manufacturing ERP software offers a wide range of stringent security protocols such as access controls, data encryption, audit trails, and electronic signatures and passwords, among others, to ensure that the fatal security breaches remain at a bay.

How it improves Supply Chain efficiency and Distribution

The challenges of increased market demand and stricter legislation increase the demand for more efficient, flexible, and specific Pharmaceutical SCM software. Today, Pharma distributors must have to move products to their customers an exact time or faster while maintaining lower inventory levels. Also, Meta-Pharma – Pharmaceutical ERP software helps to improve supply chain management, customer relations, vendor agreements, identification of slow-moving, and out-of-stock items, and inventory data.

For more information and a tailored demonstration contact us at Meta-Pharma.