Like all Life Sciences companies, BioTech firms face major challenges with workstream efficiency, maintaining regulatory compliance, and high operating costs. The only ways for BioTech companies to stay competitive is to constantly streamline activities and reduce compliance and operational costs. However, BioTech companies cannot let these goals threaten product quality, consumer safety, or value to customers.
SBS Group solutions help our customers:
• Achieve operational excellence – ERP solutions for supply chain management, e-sourcing, and compliant manufacturing and distribution enable you to attain operational excellence and increase efficiencies from the supplier to the customer.
• Institutionalize compliance – Institutionalize compliance with your company’s finances, operations, and environmental and global trade practices throughout your business, while decreasing your compliance expenditures.
• Scalable software – Increase your company’s R&D efficiency and scale innovation with partners world-wide through collaboration and improved processes – from product expansion to business operations, pharmacovigilance and regulatory submissions, and clinical trial management
BioTech companies also require systems designed for their unique needs. They need capabilities to manage industry specific requirements such as:
• Cradle-to-grave lot tracking
• Potency and formula management
• Electronic signatures and transactional audit traceability
• Quality control for FDA and other compliance reporting requirements
• Sophisticated pricing and contract management