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ERP for life sciences from IBM
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| Improve processes and integrate business areas
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How effectively does your current ERP solution support your reporting requirements? Do your current systems meet compliance requirements? IBM ERP Solutions for Life Sciences can provide you with the tools you need to share information across business processes and manage your mission-critical applications.
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| Business infrastructure expertise
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For over 25 years, IBM has provided innovative, flexible solutions, such as the IBM ERP Solutions for Life Sciences, which have helped companies of various sizes leverage their existing investments.- We have more than 5,000 consultants who specialize in ERP services and have helped organizations around the world succeed in their business application implementations.
- IBM is committed to the life sciences industry through our IBM Healthcare and Life Sciences business unit, which focuses on delivering innovative, scalable infrastructure solutions for researchers.
- IBM supports customers through competency centers, consulting services, workshops and other technical support resources.
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| Streamline business processes from end-to-end
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IBM ERP Solutions for Life Sciences are designed to help improve your life science company’s internal operations so more money can be directed toward your business’ main focus—research, development or delivery of patient therapeutics. Through the implementation of our solution, your company can gain the ability to:- Address your organization’s key concerns—such as speeding drug discovery and development processes, and meeting regulatory requirements—by improving day-to-day operational efficiencies.
- Control and optimize supply levels by taking a holistic approach to supply management, managing supply levels over multiple locations.
- Bring in new companies, new products and new employees, and integrate their workflows seamlessly—with no disruption to the ongoing research work and the smallest possible effect on your scientists.
- Control and minimize warehouse and transportation costs with a feature that allows you to effectively manage the complete order-to-cash cycle, helping you make informed decisions, such as which carriers to use or where to store product.
Our solution provides a low cost, easily implemented, robust ERP system that can grow with your company.
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| Integrate ERP to your business processes
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Our ERP offerings have benefited many businesses, including one life sciences company with procurement procedures that suffered from a combination of fast growth and disjointed systems previously in place.
The company had experienced situations in the past where two scientists purchased the same piece of expensive equipment, when there was already one in-house. One purchase would have been enough, and the equipment could have been shared among multiple users. IBM ERP Solutions for Life Sciences help you see virtually every transaction that’s going on, resulting in more accurately forecasted revenues, controlled costs and better transaction management.
ERP solutions also provide a company-wide view of each research project and help the company reconcile quickly what they are owed. Other benefits include:- Creation of a central repository for all financial information.
- Movement toward full tracking of all scientific processes.
- Access to meaningful, timely information that helps improve the company’s ability to provide real-time revenue forecasts.
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| The most for your money
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IBM ERP Solutions for Life Sciences are designed to help your life science business in multiple aspects of its operations.- Free up resources and money dedicated to administrative expenses, allowing you to concentrate on R&D initiatives.
- Reduce compliance management costs, while providing visibility to profitability information.
- Reduce inventory and transaction costs—better manage perishable research supplies.
- Streamline processes to significantly lower operating costs.
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