The pharmaceutical industry is at the forefront of innovation but at the same time it got to deal with its own challenges that require advanced solutions. As the prime mover of the sector, Hong Kong appreciates the fact that business innovations like the AI-driven ERP systems are more important than they have ever been.
List of Exclusive Challenges The Pharmaceutical Industry Has to Deal With?
The rapidly changing regulatory environment is a distinct issue the pharmaceutical industry has to contend with, which other sectors don’t. Similarly, the Research and Development expenses are extremely high, which in turn makes it hard for the firms to earn profits. As with every other industry, the pharmaceuticals are also dealing with the uncertainties and high tariffs related to shipping and transportation.
How Can ERP Systems Solve These Problems?
In the case of the pharmaceutical industry, the deployment of a state-of-the-art ERP (Enterprise Resources Planning) software would be a real game changer, especially if it is done with the AI integration. Through this feature, the software handles any TED compliance checks with total automation, which in effect diminishes human error and saves considerable time. Besides that, it speeds up processing inventory and supply chain management, allowing for allocation of resources on time and accurately.
Steps in the Effective ERP Implementation Process
For the ERP implementation to be a success, firms need to be meticulous in the preparation and the actual running of the project. Equally important, firms ought to spend the necessary time to familiarize themselves with the system features before making any customization that is required. On the other hand, training of staff will ensure that they understand the new system and can fully benefit from the help of ERP, thus the integration will be smooth into normal work.
Why Select Multiable aiM18 ERP Solution?
- Custom Algorithm for Regulations: Quickly adapt to the law changes.
- Automatic LSP Selection by AI: Cuts costs by finding the best logistics partner
- BOM powered by A.I.: Provides the optimal production planning
- Lot/Serial Number Control: Ensures that manufacturing is done with accuracy.
- User-Defined Fields: Adds flexibility in managing the data.
Why LAIDFU Integration is a Game-Changer?
Utilizing LAIDFU in combination with Multiable ERP allows firms to employ AI agents for process automation. This integration will have considerable effects on the adoption of AI technology and through that they can lower the costs as a result driving more efficiencies in the whole of the pharmaceutical sector.
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.