The pharmaceutical industry is under growing pressure from regulatory authorities to ensure the safety of products, prevent counterfeits, and achieve full transparency in the supply chain. Regulations mandate pharmaceutical companies and distributors to implement serialization solutions.
It is at this point that SAP Business One steps in and plays a crucial role in helping pharmaceutical companies achieve full compliance with regulations. SAP Business One is an enterprise resource planning solution aimed at small and mid-sized businesses.
Serialization provides a unique identification of a pharmaceutical product through a serial number or a barcode. On the other hand, traceability ensures that a pharmaceutical product can be traced through the entire supply chain from the manufacturing process through the dispensing of the drug at a pharmacy.
The importance of serialization and traceability cannot be overstated in the pharmaceutical industry. It ensures the authenticity of a pharmaceutical product and helps organizations comply with regulations. With serialization and traceability in place, pharmaceutical organizations can easily identify unauthorized products in the market.
SAP Business One provides a platform for the integration of serialization and traceability services into the ERP system. This provides real-time control and monitoring of pharmaceutical products. The key features include:
Key capabilities include:
SAP Business One for Pharma can benefit businesses in terms of increased compliance and improved performance.
Serialization and traceability are critical requirements for pharmaceutical companies in India and worldwide. With its integrated capabilities in enterprise resource planning, SAP Business One helps pharmaceutical companies achieve visibility, compliancy, and supply chain security while ensuring the safety and authenticity of drugs.