ERP for Pharmaceutical Industry: Important Features vs Nice-to-Haves for SME

ERP for Pharmaceutical Industry: Important Features vs Nice-to-Haves for SME

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Pharmaceutical SMEs face a complex set of challenges where precision, compliance, and efficiency are the survival requirements. FDA regulations, tracking batch numbers and expiration dates, inventory, on-time production, these are daily struggles which taps the head of manufactures. The complexity is quite understandable, given the strict nature of the industry and the intricate operations involved. However, there is a solution that helps manufacturers overcome these challenges while staying in conformity with industry compliances. For these small and medium sized companies, ERP for pharmaceutical industry is the tool in tackling these problems while maintaining competitive edge and regulatory compliance.

But the problem is that ERP for pharmaceutical industry comes with a huge number of features which creates a confusion between the manufactures. It becomes very important to carefully distinguish between must-have functionalities and nice-to-have additions while choosing an ERP for pharmaceutical industry. This distinction is particularly critical given budget limits and implementation timelines.

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