Tags |
|
|
Links |
|
|
Cases - ERP Optimisation - Improve the return on your investment
The Need To Maximise ROI. Over the last few years, a large number of companies, which have implemented Enterprise Resource Planning (ERP) systems, have realised that quantifying their Return on Investment (ROI) has been difficult. As a consequence, many firms have become disillusioned with and even questioned the value of implementing ERP in the first pla
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
ce.
We believe that too few enterprises have, from the inception of the ERP programme, recognised that the benefits of an initial ERP implementation can increase beyond the initial implementation and plan for the applications life cycle. As a result, operational costs are not optimised and further exploitation of the ERP application is not realised. This
We believe that too few enterprises have, from the inception of the ERP programme, recognised that the benefits of an initial ERP implementation can increase beyond the initial implementation and plan for the applications life cycle. As a result, operational costs are not optimised and further exploitation of the ERP application is not realised. This
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
missed opportunity is only magnified when ERP is viewed as part of the larger e-commerce paradigm.
This has not been helped by press reports that ERP has not lived up to its promises and become a financial sponge to many firms, soaking up investment funds and giving few benefits in return.
It would seem that the crux of the matter is that many companies
This has not been helped by press reports that ERP has not lived up to its promises and become a financial sponge to many firms, soaking up investment funds and giving few benefits in return.
It would seem that the crux of the matter is that many companies
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
have failed to understand that 'go-live' is only the beginning: the project must continue to evolve and extend long after the initial implementation.
The current economic climate is placing firms under even greater pressure to achieve productivity and cost improvements in all areas of their business. By optimising their ERP system, firms can typically ac
The current economic climate is placing firms under even greater pressure to achieve productivity and cost improvements in all areas of their business. By optimising their ERP system, firms can typically ac
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ieve dramatic increases in their enterprise-centric ROI issues, and gain maximum leverage from their investment.
Transforming investment into value
ERP Optimisation projects would be applicable to businesses, which seek to:
Increase the business benefits they derive from their ERP system
Achieve short and long term cost savin
Transforming investment into value
ERP Optimisation projects would be applicable to businesses, which seek to:
Increase the business benefits they derive from their ERP system
Achieve short and long term cost savin
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
s
Improve the effectiveness of business processes supported by ERP
Ensure ERP continues to support changing business needs in the most effective manner
Ensure they are making the appropriate on-going investments in ERP
Improve the quality of their planning and decision making
Improve user satisfaction
Streamline p
Improve the effectiveness of business processes supported by ERP
Ensure ERP continues to support changing business needs in the most effective manner
Ensure they are making the appropriate on-going investments in ERP
Improve the quality of their planning and decision making
Improve user satisfaction
Streamline p
ucts have become life saving products for the pharmaceutical companies who doesnt have many innovative molecules in their product pipeline and have been inc
rocesses to enable rapid execution of customer transactions
Become an e-business with an integrated value chain that optimises the efficiency and speed of every process.
Delivering comprehensive solutions IBM has a highly experienced team of business consultants, ERP functional experts and change management consultants who work clos
Become an e-business with an integrated value chain that optimises the efficiency and speed of every process.
Delivering comprehensive solutions IBM has a highly experienced team of business consultants, ERP functional experts and change management consultants who work clos
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
ly with the client's staff to identify opportunities at all levels of the business:
1. Strategic -How can ERP support my future business direction? What on-going investments should I make? What is the business case
2. Decision support - How can I improve the quality of my planning and decisions?
3. Operational - How can ERP improve m
1. Strategic -How can ERP support my future business direction? What on-going investments should I make? What is the business case
2. Decision support - How can I improve the quality of my planning and decisions?
3. Operational - How can ERP improve m
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
operational effectiveness? What cost savings can I achieve?
4. Functional - How can ERP be more user friendly? How can it make the jobs of my staff easier?
5. Technical - How do I make the system more secure? How do I improve performance?
6. Application support - How can I improve the effectiveness of my application support? How can I
4. Functional - How can ERP be more user friendly? How can it make the jobs of my staff easier?
5. Technical - How do I make the system more secure? How do I improve performance?
6. Application support - How can I improve the effectiveness of my application support? How can I
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
espond to issues faster and provide better service?
IBM consultants have the skills and experience to help your company optimise on all levels - processes, applications and IT infrastructure. We help you select the right process to optimise in order to meet your e-business objectives and can handle every stage of implementation within your
IBM consultants have the skills and experience to help your company optimise on all levels - processes, applications and IT infrastructure. We help you select the right process to optimise in order to meet your e-business objectives and can handle every stage of implementation within your
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
rganisation. We can work with you to leverage your ERP investment and extended solutions to deliver value-added solutions. The ERP Optimisation review does not just consider system configuration or technical architecture, but the whole range of business functions including: strategy, process, people and organisation.
We are careful to consider the change
We are careful to consider the change
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
management issues, which may surround the recommendation of particular opportunities: looking at likely sources of organisational resistance and working with key stakeholders to overcome this resistance. By taking a holistic perspective, we address the elements necessary for implementing successful business performance improvement and do not leave a set
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
f recommendations that cannot be realised.
Providing an effective action plan We use a series of highly structured and intensive workshops to maximise business input and identify end-to end business process opportunities for increased ROI. Such opportunities typically include:
Improving business processes
Aligning systems more closely to b
Providing an effective action plan We use a series of highly structured and intensive workshops to maximise business input and identify end-to end business process opportunities for increased ROI. Such opportunities typically include:
Improving business processes
Aligning systems more closely to b
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
siness needs and strategy
Identifying systems that could be decommissioned
Identify opportunities for ERP to be used instead of purchasing new solutions
Replacing non-standard ERP components with standard functionality
At the end of the project, we conduct an executive workshop to review the team's findings, recommendations
Identifying systems that could be decommissioned
Identify opportunities for ERP to be used instead of purchasing new solutions
Replacing non-standard ERP components with standard functionality
At the end of the project, we conduct an executive workshop to review the team's findings, recommendations
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
and business case, and agree to an implementation plan going forward. By doing this, we enable a seamless transition from review into implementation and into the realisation of hard business benefits.
In this way, our recommendations do not sit on a shelf gathering dust, but can be put into action by the client organisation. We can assist you in coordina
In this way, our recommendations do not sit on a shelf gathering dust, but can be put into action by the client organisation. We can assist you in coordina
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
ing internal resources and giving each aspect of your project the same level of expert attention to reduce risk and maximise return ROI. Throughout the project, we work in close cooperation with your team, providing extensive knowledge transfer to enable your organisation to harness the combined extension and ERP solution to its full potential.
Extending
Extending
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
the value of ERP
Our experience with clients has shown that ERP Optimisation can deliver significant business benefits, both "soft" and "hard". Typically, the benefits identified by an ERP Optimisation review include:
Reduced operating costs:
Reduced purchasing spend by better control of suppliers and parts used, better management of
Reduced operating costs:
Reduced purchasing spend by better control of suppliers and parts used, better management of
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
discounts and greater aggregation of purchases
Reduced labour costs by elimination of many manual tasks
Reduced system support costs by replacing non-standard ERP components with standard ones
Reduced system support costs and licensing costs by identifying systems that can be decommissioned and replacing disparate systems with ERP fun
Reduced labour costs by elimination of many manual tasks
Reduced system support costs by replacing non-standard ERP components with standard ones
Reduced system support costs and licensing costs by identifying systems that can be decommissioned and replacing disparate systems with ERP fun
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
tionality
Reduced working capital
Reduced cash requirements by better forecasting and management
Reduced stock holdings by streamlining planning and ordering processes and implementing advanced supply chain planning functionality
Improved customer service
Reduced cycle times
Improved service levels by improving su
Reduced working capital
Reduced cash requirements by better forecasting and management
Reduced stock holdings by streamlining planning and ordering processes and implementing advanced supply chain planning functionality
Improved customer service
Reduced cycle times
Improved service levels by improving su
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ply chain visibility
Reduced fixed capital
Identifying opportunities for ERP to be used instead of purchasing new solutions
Other benefits
Increased ease of use
Improved user training and support.
For more information on ERP Optimisation or value creation contact Henrik Scheel at HSch@ch.ibm.com or H_Scheel@yahoo.co
Reduced fixed capital
Identifying opportunities for ERP to be used instead of purchasing new solutions
Other benefits
Increased ease of use
Improved user training and support.
For more information on ERP Optimisation or value creation contact Henrik Scheel at HSch@ch.ibm.com or H_Scheel@yahoo.co
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.cases.org.ua/article/21289/cases-ERP-Optimisation--Improve-the-return-on-your-investment.html">ERP Optimisation - Improve the return on your investment</a>
BB link (for phorums):
[url=http://www.cases.org.ua/article/21289/cases-ERP-Optimisation--Improve-the-return-on-your-investment.html]ERP Optimisation - Improve the return on your investment[/url]
Related Articles:
The Important Function of Shrink Wrap for Boats
How To Get Quotes From Business Gift Companies
Case Study; Television Infomercials Are They Viable?
Bookmark it:
|