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The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Biopharma Contracts and Chargeback Systems: A Peek into the Market
Managing revenues, risk, and compliance is critical to the survival of biotech and pharmaceutical companies (biopharma). But the complexity of revenue
to the survival of biotech and pharmaceutical companies (biopharma). But the complexity of revenue management in biopharma, such as contract and chargebacks, is not handled by ERP solutions. This article looks at contracts and chargeback systems functionality for biopharma and how that could help companies in other industries effectively manage their revenue streams.
Ross Systems - A Bright Spot On A Difficult Enterprise Application Landscape
Ross is among a very small group of vendors who have decided to build product exclusively for the process market. The resultant financial success should buy it
life sciences (pharmaceutical and biotech), chemicals, forest products, and metals has been noteworthy. Ross has an installed base of over 3,000 enterprises utilizing its solution around the world. It has accomplished this by offering a broad and integrated product to the market through its iRenaissance suite of manufacturing, distribution and financial applications. This large install base gives it a foundation of economic strength due to the highly predictable software maintenance revenue associated
Protecting Sensitive Information in Life Sciences Organizations: Top Three Misconceptions that Put Companies at Risk
Critical business processes in biotech and pharmaceutical companies involve highly confidential documents that need to be safely accessed by external partners
Critical business processes in biotech and pharmaceutical companies involve highly confidential documents that need to be safely accessed by external partners and potential licensees. Poor security measures, based on a traditional view of data security, have led to high-profile security breaches. Discover new ways for life sciences companies to conduct important business securely without being impeded by IT complexity.
Enabling Growth and Transformation in Pharmaceutical and Biotech R&D
Whether you’re a niche-market start-up developing a single compound or a well-established global company with dozens of projects in the pipeline, the pressure
Transformation in Pharmaceutical and Biotech R&D Whether you’re a niche-market start-up developing a single compound or a well-established global company with dozens of projects in the pipeline, the pressure to innovate in the life sciences industry is unrelenting. That’s why you need a solution that can help monitor resources, prioritize projects, optimize the clinical trial supply chain, and maximize the overall value of your product portfolio.
The Executive Guide to Contract and Chargeback Management
Life sciences companies are struggling to manage large group purchase organization (GPO) contracts, process chargeback submissions, and ensure that pricing policies comply with regulatory requirements. Costs and risks are escalating as these demands outstrip the capabilities of existing systems. Learn how contract and chargeback management solutions can help you maximize growth while limiting regulatory risk.
average cost of a biotech product is $1.2 billion, according to reports by the Tufts Center for the Study of Drug Development (CSDD) . Given the enormous costs associated with getting a drug to market in the first place, manufacturers with patented drugs are under severe pressure to maximize profitability while they retain patent protections. Generic manufacturers, by contrast, must operate in an extremely efficient manner to drive profitability with far lower margins. Meanwhile, wholesaler demands on
Global Software Aspirations
Exact has established a global infrastructure and network of offices offering direct support, sales and services, with the aim of providing customers a consistent level of service.
, Phillips , Alltech Biotech , Hitachi , PADI Worldwide , and so on, are examples of these types customers. They are a bunch of scattered, international, small fish divisions, with big fish issues at the corporate level. Exact s local mid-market products like Macola can appropriately serve such divisions, whereas e-Synergy and Globe can give headquarters control and visibility into every individual instance. This approach has reportedly allowed Exact to build up a central knowledge base of potential
Supply Chain Economy
The US Labor Department reported an increase in jobs in June and July ... but the manufacturing industry cut jobs for a third month in a row. We are moving from a manufacturing economy to a supply chain economy. This article gives the big picture.
product of the Korean biotech industry. And those Samsung phones with their seven megapixel cameras! The facts are there! Labor costs in the US average approximately $16 (USD) per hour, with automotive (in US, Japan, and Germany) around $44 (USD). Labor rates, as a percent of a product, are reduced through better productivity and automation. But move your manufacturing, and you add time and transportation. To date, this has been an affordable trade-off. But the more you move, the more the transportation
SCT Extends Into Business Intelligence
SCT, a leading supplier to the process industries, has extended their iProcess.SCT product set to include Business Intelligence (BI).
food, beverage, cpg, pharmaceutical, biotech, chemical, and related industries. iProcess.sct includes solutions for collaborative supply chain planning and optimization, supply chain execution/ERP, Internet commerce, and relationship network management. Vanguard Solutions is a supplier of tightly integrated, pre-configured BI for ERP and SCM. Both companies have demonstrated knowledge of the needs of the process industries. SCT is leading the pack in solutions designed exclusively for the process
Business Network Transformation: Rethinking Relationships in a Global Economy
Business networks have come to the fore in the past decade, as the power of customers and consumers has increased relative to the manufacturers and retailers that serve them. These networks enable these companies to deliver faster innovation to customers at lower costs by sharing investment, assets, and ideas. Find out how information technology and communication (ITC) systems can help you unlock new market opportunities.
shared R&D ecosystem of biotech and the pharmaceutical industry, the joint ventures in the automotive industry to develop hybrid engine technology, or the next-generation military systems development in the defense arena. New market development: Inherent in the capitalist economic model is the perennial need and expectation to develop new markets.Whether it is redesigning an existing product to go into a new market (as many consumer packaged goods firms are doing today to tap into the bottom of the
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