Successful deployment of PharmaNET in UK

Client profile
Successful deployment of PharmaNET in UK

Having an extensive presence in North America, South America, Europe, Australia, New Zealand and South Africa, MENA and Asia Pacific region, our client is one of the fastest growing generic Pharmaceutical Company. It deals in the area of Oncology, Cardiology, Neurology, Nephrology, Urology, Psychiatry, Diabitology, Pain management and Gastroenterology, marketing more than 130 products in more than 60 countries.

Business challenges

It has ambitious expansion plans of establishing an extensive marketing and distribution network across the world. They realized that, their current legacy software system, and financial software will not suffice in the long run. They already had a lot of issues / concerns with their legacy system which was inadequate to support their complete business needs.

Major concern areas
Poor inventory control which leads to increase inventory overheads
Legacy order management system which consumed lot of time and human efforts
Inaccurate forecasting resulted into huge wastages
Unable to trace the areas which need improvement
Ineffective marketing strategies due to the unavailability of secondary sales data
Inadequate access controls enabling unauthorized access to data
Supply chain flow of UK
deployment

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1. Electronic order management system.

Lower order to cash processing cost
Improved cash flow
Reduced stored paper data by electronic archiving
Lower working capital requirements
Better Customer servicing and reporting
Reduce staffing need for order and process management
Outcome

Ability to process 100 orders in 15 minutes .Inbound and outbound order processing through EDI saved estimated 6 hours a day, or $ 30000 annually.

cash lifecycle
2. Warehouse management system

The deployment of PharmaNET helped them to manage a huge warehouse with a vast amount of pallets with hundreds of boxes each with dozens of small drug packs, several prices, several dates, and several locations and increased labor productivity and minimized errors with lot of other benefits:

Share inventory information throughout the supply chain providing complete visibility to all users into all aspects
Integrate security processes like barcode, RFID and other methods of tracking technology
Validation to ensure that expired products never ship out by automatically placing the items on hold
Functionality allowing it to define customer-specific rules for permitting or prohibiting lot mixing in storage locations
3. Demand Planning
Reduction in wastages
Just in time delivery
Improved production efficiency
Outcome

Estimated profit rose by 15.

4. Variance analysis

Variance between standard vs actual which helped the management to identify the possible reasons for variance and person responsible at different levels.

Outcome

Effective strategic decisions taken for improvement.

5. Sales management

Better planning for revenue growth
Identify training needs and implement relevant action
Inefficient practices are eliminated
Easy to access place
Invoicing and quoting is more streamlined
Customer details are stored in an easy to access place
Invoicing and quoting is more streamlined
6. Security management system

Audit trial is another integral part of our security management system. It is the process of keeping set of records which shows who has accessed a computer system and what operations he or she has been performed during a given period of time.

Outcome
Individual accountability
Reconstruction of events
Intrusion detection