The pharmaceutical industry is a sector of the economy that produces drugs and medications. Therefore, this industry is characterized by uniquely challenging issues that are completely different from those in other industries. To address such issues, pharmaceutical industries rely on various technical and managerial solutions the most important of which are ERP systems, particularly the AI-assisted ones. With this paper, we aim to point out some of these issues and how firms can obtain solutions using advanced enterprise resources planning.
What Are the Exceptions in the Pharmaceutical Industry?
The pharmaceutical industry is one of the most heavily regulated industries, unlike any other. Bearing in mind the seriousness of compliance with the novel and constantly changing rules is the primary challenge. Secondly, balancing product quality and safety standards is another hurdle. Furthermore, managing large-scale clinical trials is also formidable. Because of high amounts of money and long-time frames needed, R&D projects rarely get the necessary support.
How ERP Solves These Problems in the Pharmaceutical Sector?
With the help of ERP systems, compliance is kept simple by the automatic addition of regulations making discrepancy almost impossible. Furthermore, the systems provide traceability in the production process which is necessary for quality control. On top of that, they ensure efficient inventory management. AI optimization of processes is, in fact, a help to R&D which in turn cuts costs.
Steps for a Successful Implementation of ERP
The goal of ERP implementation is best achieved by meticulous planning. Start by setting objectives and ensuring everyone’s involvement. Thus the system should be tailored depending on the business process requirements. Besides, sufficient training must be provided to users in order to accept the changes.
Why Multiable ERP should be an Option for Pharmaceutical Problems?
AI Agents in ERP Systems’ Benefits
By joining Multiable ERP and the empresas’s platform of AI agents, multi-agent based processes are implemented and also undergo automation. Implementation of AI-powered agents is the key for operational efficiency that lies within tariffs variances. It saves on costs while maintaining good performance.
A cloud-native ERP widely adopted by business in Singapore, Malaysia, Hong Kong and China. With over 6,000 customers in the region, aiM18 gains positive feedbacks from customer across different sectors, from manufacturers, distributors, retailers, service providers to NGOs. The renowned no-code approach saves customer a big sum of customization costs and countless hours of implementation man-days.
About LAIDFU (Let AI Do For You)
An AI builder for enterprise to build their own AI agents.
Proprietary EKP (Enterprise Knowledge Partitioning) technology eases CEO’s concern about trade secret leakage which often occurs in most AI agents / chatbots in the market. EKP removes the hurdle of AI adoption by most companies in using sensitive corporate data.
Powered by no-code approach, deployment of LAIDFU incurs far less developers (and development costs) in comparison with other AI studios.