Pharma ERP vs. Generic ERP: Customized Solutions for the Pharmaceutical Sector
The pharmaceutical sector in the UK plays a crucial role in bolstering healthcare infrastructure and significantly contributing to the country’s economy. Numerous domestic and multinational companies operate here, specializing in the production of a wide range of pharmaceutical products.
Despite the favorable business environment in the UK, pharmaceutical manufacturers still encounter various challenges, including pricing pressures, stringent regulations, and Brexit-related uncertainties.
However, challenges also present new opportunities for growth. By embracing advanced manufacturing technologies, UK-based pharma manufacturers can achieve long-term success even in this competitive business environment.
This is where Enterprise Resource Planning Software, or ERP for the Pharmaceutical sector, comes into play. However, manufacturers often mistakenly adopt a Generic ERP instead of an industry-specific pharma ERP software.
An industry-specific pharma ERP is a tailored solution designed to address the unique challenges faced by pharma manufacturers. Let’s delve into the details and understand how a tailored Pharma ERP software differs from a Generic ERP software.
Generic ERPs are susceptible to process mismatch due to the lack of industry-specific operations, whereas pharma ERP is curated for industry verticals and their micro-verticals.
Generic ERP software is built to cater to the generic needs of businesses and may include many features that are not useful to the pharma industry. This abundance of features may slow down the system’s performance. In contrast, a tailored pharma ERP will include only the essential features as per the pharma industry requirement, making the software light and fast.
A pharma ERP software allows manufacturers to define individual production schedules for different products like capsules, tablets, soft gels, syrups, etc., which may not be possible with a generic ERP solution.
Furthermore, pharmaceutical ERP software is built to facilitate pharma-specific procedures such as milling, compounding, granulation, hot melt extrusion, etc., whereas a generic ERP may fail to do so.
Understanding the pharma industry’s environment, a tailored pharma ERP creates a business model that helps adhere to all industry-specific, local & international regulations such as FDA CFR Part 11, Bioterrorism, cGMP, etc. Generic ERP might or might not have these regulations built into them.
These are just the tip of the iceberg. A pharma-specific ERP is definitely a far better option compared to a generic ERP software in UK. If you are a drug manufacturer looking to streamline your operations efficiently, then instead of a Generic ERP, adopting an industry-specific solution like BatchMaster would provide you with more chances of success and a competitive advantage in the long run.
Get in touch with our team of experts today to learn more about implementation.
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