Oracle JD Edwards in the Pharmaceutical Industry

The pharmaceutical industry is developing very actively today. Parallel to familiar pharmaceutical drugs, each manufacturer produces innovative, advanced, and unique products, yet, at the same time, many enterprises continue to operate in the old-fashioned way.

Digital transformation is moving full speed ahead, but, oddly enough, many, especially local pharmaceutical companies, are in no hurry to introduce innovations. This is evident from the research of leading research companies. Paper, Excel spreadsheets, and various databases often remain the backbone of business operations for many pharmaceutical companies. They continue to operate, forgetting that efficiency, safety, and the ability to quickly respond to new business challenges are more important than ever for business development today. System integration and automation, data analysis, and cloud technologies are prerequisites for meeting the modern needs of enterprises operating in the pharmaceutical industry.

Pharmaceutical industry companies can achieve great success by automating their activities and integrating all key processes of a pharmaceutical enterprise within a single solution, namely:

• demand forecasting;
• supply and inventory management;
• mixed manufacturing management: process (manufacturing of medicines) and discrete (packaging) types;
• equipment maintenance and repair management;
• sales and marketing management;
• quality management;
• financial management, consolidated reporting;
• performance analysis and strategic management;
• reduction of equipment downtime;
• quality control at all stages of production.