An integrated suite of information systems that form the backbone of the enterprise for running and managing its operations. ERP or enterprise resource planning software offers a broad suite of software functionalities designed to help you manage your accounting as well as your businesss operational tasks. With an ERP system you are better able to centralize your data, provide uniform access to resources across your enterprise, and lower operating costs by preventing data re-entry.
Enterprise resource planning (ERP) systems integrate internal and external management information across an entire organization, embracing finance/accounting, manufacturing, sales and service, customer relationship management, etc. ERP systems automate this activity with an integrated software application. Their purpose is to facilitate the flow of information between all business functions inside the boundaries of the organization and manage the connections to outside stockholders. ERP systems can run on a variety of computer hardware and network configurations, typically employing a database as a repository for information.
ERP is a business process management solution that provides organizations with consolidated inventory, manufacturing, warehousing, financials, multi-site reporting and relationship and knowledge management capabilities. Employees, customers and partners are provided with access to information across the entire enterprise value chain.
An integrated system that operates in real time (or next to real time), without relying on periodic updates. A common database, which supports all applications. A consistent look and feel throughout each module.
Clients commonly realize the following benefits from ERP: Increased operational effectiveness & productivity Timely and targeted information feedback system for decision support Efficient inventory management Improved Planning Improved customer service
• Designed and Developed to follow cGAMP guidelines• 21 CFR Part11 Compliant• Electronic Batch Record Management (EBRM)• Recipe Management• Regulated FIFO concept of inventory control• Multi-location warehouse Management System• Seamless integration to Nova-LIMS
Transactional database Management portal/dashboard Business intelligence system Customizable reporting External access via technology such as web services Search Document management Messaging/chat/wiki Workflow management
Manufacturing Material Quality ControlManagement Nova-LIMS Central Database Purchase Sales Finance
Pharmaceutical-specific ERP (Enterprise Resource Planning) software system is the most effective way to identify and track every single raw material from receipt through processing, packaging and shipping, to the exact customer location. It has been proved beyond doubt that implementation of eresource ERP systems not only gives more transparency to your business process but also it allows your business to operate more efficiently, predictably and more profitably ERP helps you to oversee every area of your business without the necessity for separate software packages or expensive customization. Medical Representative Management Sales & Distribution Management
The fundamental advantage of ERP is that integrating the all processes by which businesses operate saves time and expense. Decisions can be made more quickly and with fewer errors. Data becomes visible across the organization. Tasks that benefit from this integration include: Sales forecasting, which allows inventory optimization Chronological history of every transaction through relevant data compilation in every area of operation. Order tracking, from acceptance through fulfillment Revenue tracking, from invoice through cash receipt Matching purchase orders (what was ordered), inventory receipts (what arrived), and costing (what the vendor invoiced)
ERP systems centralize business data, bringing the following benefits: They eliminate the need to synchronize changes between multiple systems—consolidation of finance, marketing and sales, human resource, and manufacturing applications They bring legitimacy and transparency in each bit of statistical data. They enable standard product naming/coding. They provide a comprehensive enterprise view (no "islands of information"). They make real–time information available to management anywhere, any time to make proper decisions. They protect sensitive data by consolidating multiple security systems into a single structure
Allows easier global integration (barriers of currency exchange rates, language, and culture can be bridged automatically) Updates only need to be done once to be implemented company-wide Provides real-time information, reducing the possibility of reoccurring errors May create a more efficient work environment for employees Vendors have past knowledge and expertise on how to best build and implement a system
Customization is problematic. Re–engineering business processes to fit the ERP system may damage competitiveness and/or divert focus from other critical activities ERP can cost more than less integrated and/or less comprehensive solutions. High switching costs associated with ERP can increase the ERP vendors negotiating power which can result in higher support, maintenance, and upgrade expenses. Overcoming resistance to sharing sensitive information between departments can divert management attention. Integration of truly independent businesses can create unnecessary dependencies.
Extensive training requirements take resources from daily operations. Due to ERPs architecture (OLTP, On-Line Transaction Processing) ERP systems are not well suited for production planning and supply chain management (SCM) Inflexibility - vendor packages may not fit a companys business model well and customization can be expensive Return on Investment may take too long to be profitable Implementations have a risk of project failure.