article thumbnail

Why SAP ERP Makes Sense for Pharmaceutical Manufacturing

Navigator SAP

Legacy software systems no longer make sense for life sciences businesses, especially those in Pharmaceutical manufacturing. The problem is that complexity, regulation, and competition have changed how pharmaceutical and life sciences firms must do business. Other benefits include: 1.

article thumbnail

India plans stricter rules for companies with foreign ownership, sources say

CFO News

New rules may affect e-commerce and pharmaceutical companies. The government plans a new category for foreign-owned and controlled entities. India intends to revise foreign investment regulations. The goal is to monitor foreign-owned entities more closely. Share transfers and restructurings could face stricter FDI rules.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What Are the Main Reasons for Pharma Companies to Implement ERP Systems?

Navigator SAP

For your pharmaceutical company to thrive in the current unstable market, you need to adopt new and advanced technologies that will streamline your daily operations. One of the latest technologies that you should have in your pharmaceutical company is an enterprise resource planning (ERP) system.

article thumbnail

Alibaba Raises $1.3B For Push Into eCommerce Pharmaceutical Business

PYMNTS

Alibaba Health Information Technology plans to pump the $1.3 billion it raised in a secondary offering on the Hong Kong stock exchange to expand its eCommerce pharmaceutical business as it rides a wave of growth amid the coronavirus.

article thumbnail

Implementation Methodology of Life Sciences ERP

Navigator SAP

Life science companies, such as those related to medical devices and pharmaceuticals, can greatly benefit from an enterprise resource planning (ERP) solution. Implementing an ERP system can be a drawn out and complex process, however.

article thumbnail

Who Is Responsible for ERP Implementation?

Navigator SAP

Enterprise resource planning (ERP) systems have become an integral part of modern business because they help companies to streamline their daily operations and ensure that they remain compliant with the industry’s rules and regulations.

article thumbnail

What Are the Elements of a Pharma ERP System?

Navigator SAP

As an owner of a pharmaceutical company, you need an enterprise resource planning (ERP) system that will help you to streamline your daily operations. This system will also help you to keep all your products and production processes compliant with the relevant safety regulations.