Blogs- Supply chain management software

17 Aug 20

Serialization in Pharma Supply Chain

The problem of counterfeit drugs, falsified drugs & drug adulteration has significantly impacted pharmaceutical industry over a last decade. Fuelled by internet sales, counterfeit prescription drugs have become an exploding industry. In times of globalization, the supply chain for genuine pharmaceutical companies have become longer & complex which offers immense opportunities for counterfeiters. There are […]

27 May 20

Various picking strategies for warehouse operations

Stock Picking is one of the crucial aspects of warehousing. Each warehouse differs basis design, size, layout, product it warehouses, equipment & technology it adopts. Moving between pick locations is estimated to be taking around 50% of the time which is pretty high considering dynamicity of supply chain industry & hence reducing time to pick […]

12 May 20

How can a warehousing solution aid in business growth ?

Gone are the days where investments into IT solutions where viewed as cost to the business. IT solutions have now become the decisive factor in competitive supply chain industry. A smart supply chain infused with digital adoption & technology is a profound need right from first step of procurement until sales to a customer. A […]

04 May 20

Useful features of Procurement Function

Managing spend & finding the best deal is a thing of the past. Suppliers are the pillars of supply chain industry. It is profound for business to build & nurture strong relationships with suppliers through transparency of information & encompassing performance, risks, innovation, satisfaction with mutual collaborations at regular frequency. Manufacturing comes to a halt […]

29 Jan 20

Process Automation in Order Processing

Robotics Process Automation is a buzz word in the technology landscape. Streamlining processes through systems will not suffice in terms of attaining operational efficiency. It is now highly important to shift employees to higher & efficient value work, eliminate back logs & improve responsiveness towards customers, for which enterprises: governmental & privately owned, must leverage […]

29 Jan 20

Leverage technology for timely batch release & ensuring compliance

Things must be done right, the first time, especially, when it is related to regulatory conformance & most importantly in stringent environment of pharmaceutical industry where each product runs through myriad tests, checks & controls right from first stage of drug development until it reaches out the consumer. Enterprises deploy a special group of quality […]

27 Jan 17

Impact of GST on common man.

Simplicity over complexity’, seemed to be the motto of Hon’ble Union Finance Minister Arun Jaitley, while introducing the much in debate GST bill. And it is for the common man of India. The bill called a game changer in every respect is supposed to roll out major changes for the country. It is basically a […]

19 Jan 17

Impact of GST on Pharmaceutical Industry.

The Goods and Services tax (GST) is one of the India’s biggest indirect tax renovations. It is expected to be beneficial for Indian drug makers in long run as its objective is to simplify tax structure and bring operational efficiency. However, the details such as the application of the rates to Pharma is not known […]

09 Jan 17

How to nail inventory management software in the pharmaceutical industry?

For many Pharma companies, inventory represents the largest single investment of their total assets. Here’s why: Inventory itself is expensive. To hold inventory, companies need to pay for storage, security, picking and handling, insurance, and so on and so forth. Thus, measuring and controlling investment in your inventory is of the utmost importance for achieving […]

02 Jan 17

Procedures for payment of IGST, CGST and SGST

The GST bill which is officially known as The Constitution (One Hundred and twenty second Amendment) Bill, 2014, is an indirect tax that is levied by the Central and State governments on purchase and sale of goods and services except a few which are exempted. This bill subsumed many indirect taxes at the central and […]