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Showing posts from November, 2023

What Are Some of the Most Commonly Used ERP's for Pharmaceutical Manufacturers?

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  An ERP is a must have entity for any pharmaceutical manufacturer. Although there are many  ERP system commonly used in the market such as SAP Business One, Oracle NetSuite, Orion, Tally, Medico, Logic, Acme Insight, S2K enterprise, but every ERP has its lows and highs. An ideal ERP for any pharmaceutical manufacturer must have following  features: ·  Quality control ·  Process tracking ·  Inventory management ·  Business intelligence and financial analytics ·  Security ·  Formulation and R&D capabilities ·  Lot traceability ·  Shelf-life and expiry determination capability ·  Compliance ·  Security ·  Should allow remote working One of the   pharma ERP software that has been providing a contemporary and ERP solutions  for pharmaceutical manufacturers and has been a name of great repute for more than last 3 decades  is  BatchMaster pharma ERP solution. The solution covers all the above stated ...

Is ERP Software Best for Manufacturing Industries?

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Before answering the question in straight yes or no, let us understand the working of manufacturing industry. A manufacturing industry processes raw materials with the help of machines and human efforts and produces goods that can be sold in the market. If we break down the process at each level, from raw material to finished good many stages are involved, such as: 1 .Raw material (as input) procurement and management 2 .Machine power (as process) 3 .Labour management 4 .Goods productions 5 .Finished goods, after packaging. 6 .Costing (through in-depth analysis) 7 .Goods Ready to be sold in the market.   To manage these stages effectively, manufacturers need a ERP software that has capabilities to show real-time data to all departments, calculate cost, automate the processes to save time and errors, manage inventory and warehouse for raw material and finished goods. Along with these, the   ERP   system should be flexible enough to assimilate changes in norms and prac...