Manage Challenges in the Chemical & Pharmaceuticals Industry with an ERP System
Perhaps your chemical or pharmaceutical manufacturing business has reached a point where you need to invest in an ERP to handle the increasing complexity of operations. Or, your paint and coatings company has acquired a competitor and you’re tasked with uniting two incompatible infrastructures. Maybe your ink and dyes manufacturing business need to upgrade a cumbersome, outdated ERP system to Improve productivity, give you a clearer insight into plant and management operations and take advantage of next-generation technology, and leverage IoT.
Whichever category you may fall into, the common objective that these scenarios share is the need to find a chemical or pharmaceutical manufacturing ERP that will help modernize and streamline operations, eliminate bottlenecks, and unite your manufacturing, sales, customer service, and management teams on one user-friendly platform.
Whichever system you choose should not only help you run your business but should help cut costs by increasing overall efficiency. Greater efficiency leads to greater profitability made possible by the wise use of today’s technology.
SAP Business One ERP Software – Key Functionality for Chemical & Pharmaceuticals
Inventory and Traceability Management
Inventory module simplifies the tracking of stock levels across multiple sites and multiple stores. Users are enabled to issue and receive goods as well as transfer, return or even discard of goods in multiple unit conversions. Has powerful batch expiry and serial management of inventory. From a warranty claim or safety concern, one can trace the part back to the correct supplier as well as isolate which production run or batches contain the offending item in order to manage product recalls.
Demand and Material Requirement Planning
It allows the businesses to plan the timely delivery of raw material, promising optimal production cycles. Allows you to maintain location wise safety and re-order levels ensuring your locations neither understocked nor over stocked and in turn reducing cost of holding stock. A forecast can be generated from historical data, amended and planning done allowing you to get the right quantity at the right time.
Purchasing and Supply Chain Monitoring
Delivers real-time information on the shipping, production, and value chain departments – keeping an eye on the supply, demand, distribution, and logistics. Have greater, real-time insight into production yields and supply bottlenecks while eliminating siloed data by ensuring purchase requests are delivered within defined lead times.
Sales, Dispatch and POS
Sales module covers the processes of sales booking, sales order, and delivery and dispatch. It enables the sale of goods and services with the help of customer-wise order management. This module is linked with the inventory module so inventory levels are updated after every successful sale. The integrated POS system ensures timely sales order billing. Pick and Pack allows one to do route and dispatch planning while ensuring timely delivery of goods.
Accounting module helps users in keeping track of all their accounting transactions and enables them to make better decisions. Improved financial reporting with real-time information from all departments including costing, profitability, credit exposure, cash flow, trends, budgeting, fixed assets and period end reporting.
Customer Relationship Management
Stay ahead of competitors with opportunity and pipeline management, customer relationship management and campaign management. Updated sales information allows production to see which order is for which customer, while historical sales information assists the marketing team on what initiatives to design for which customer and proactively engage them. Customer account information is critical to predict demand.
Maintenance and in-house service of all plant equipment. Maintain preventive maintenance schedules and ad hoc repairs job cards integrated with inventory and purchasing for sub contracted maintenance. With visibility of the production plan, one can minimise downtime.
Analytics module can play a vital role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can help in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also help users in making better decisions.
Support single and multi-level Bill of Material (BOM) to manage recipes and routings during production. Yield calculation and tracking (+/-) throughout production. Multiple units of measure conversion capabilities. Manage by-products of the production process, maintain raw material potency and other key product attributes. Easily define Overage%, Assay, LOD against the Raw Material/Intermediate Product.
Quality control module helps you to create your own quality parameter templates and define various quality control stages for your production processes. Conduct inspection and automatically quarantine suspicious or substandard items for further inspection or disposal. Maintain certificate of analysis, QC-based approval/rejection management, re-testing process management, validation of test result, efficient complaint management, stability analysis & maintenance for a product launch and integrated sampling for the production process.
Production and Costing
Perform batch planning and auto-create an intermediate production order. You can also complete the re-work / re-blend / re-grade process, stage-wise yield calculation, define routing/sequence for operations or stages, and undertake the stage-wise revaluation of product costing and its calculation including WIP. Combine business data with industrial IoT data to maximize manufacturing efficiency, improve sustainability, and cut costs.
Regulatory Compliance and Reporting
Manage exceptional events with automated workflow and alerts. Get forward and reverse traceability with automated recall capabilities. Have security audit tracking, archives of historical transactions & electronic signature approvals. Easily define the process validation and generate report as per compliance.
See how Chemical & Pharmaceuticals Customers are Succeeding