Life Sciences

Enhancing Collaboration in Regulated Industries: The Cloud Advantage

by | Feb 8, 2024 | , , , , , ,

Collaboration is the cornerstone of success in today's fast-paced business world. This holds particularly true for regulated industries like medical devices and biopharma, where efficiency, compliance, and quality control are paramount. Cloud platforms, such as Microsoft Azure with Merit Life Science for Dynamics 365 have revolutionized collaboration by providing secure and compliant environments for data sharing and real-time decision-making. The ability to streamline approvals, enhance transparency, and reduce operational uncertainties not only benefits the organizations but also elevates the customer experience. Streamlined Approvals and Compliance Consider a scenario where a contract manufacturer (CDMO) needs customer approval to proceed with a critical production batch. The data...

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How Merit for Life Science Meets Weighing and Dispensing Requirements

by | Feb 1, 2024 | , , , , ,

In this four-part blog series, we’ll explore how Merit for Life Science optimizes critical business processes for pharmaceutical and biotech companies. Watch for our other blogs on inventory management and product safety, inventory splitting and sub-batching, and controlling storage conditions.   Weighing and Dispensing in Life Science Manufacturing Weighing and dispensing is a critical process for pharmaceutical and biotechnology manufacturers. These processes include removing specified amounts of bulk raw material from their source containers and dispensing specific quantities into other containers.  Pharmaceutical and biotech organizations require that strictly controlled processes be used when materials are measured out or transferred between containers, in...

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How Life Science CDMOs are Using Cloud Computing to Create Differentiation

by | Jan 25, 2024 | , , , , , , ,

Contract development and manufacturing organizations (CDMOs) are experiencing new entrants and capacity expansion, leading to the need to create and maintain differentiation in service offerings to stay competitive. With change comes opportunity, and the strategic implementation of digital infrastructure is crucial for staying competitive. In this blog, we'll explore four reasons why CDMOs are increasingly moving to cloud applications to run their enterprise business and the benefits of cloud applications.  Capacity Expansion Differentiation and Competition  People and Collaboration  Quality, Speed, and Confidence Capacity Expansion  Until recently, biopharma contract development and manufacturing faced a significant capacity shortage. Procuring contract development...

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Optimizing Inventory Management in Pharma and Biotech

by | Jan 18, 2024 | , , , ,

In this four-part blog series, we’ll explore how Merit for Life Science optimizes critical business processes for pharmaceutical and biotech companies. See our other blogs on inventory splitting and sub-batching, weighing and dispensing, and controlling storage conditions.   Controlling inventory management processes is important in any industry but critical for pharmaceutical and biotech organizations. Using an enterprise resource planning (ERP) platform helps these organizations optimize costs, investments, and product safety.    Merit for Life Science is a cloud-first ERP system that was purpose-built for pharma, biotech, and medical device manufacturers. Built on the Microsoft Dynamics 365 platform, Merit for Life Science provides tools that these companies can use to...

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Is Your ERP Holding You Back? Unleash Your Organization’s Innovation

by | Jan 11, 2024 | , , ,

You rely on your ERP system to support your life science business, but lately, you’re starting to question if it’s supporting you as effectively as it could. And you suspect that your ERP won’t be able support you in hypergrowth mode.   What are the warning signs that you’ve outgrown your current ERP system? As we’ve worked with biotech, pharma, and medical device manufacturing customers who are considering moving to a new ERP system, we've seen some familiar signals that affected their ability to reach the levels of growth and leadership they were seeking. Here are four signals that might be spotted in your organization, too. Four Warning Signs Your ERP is Holding You Back: Lack of flexibility Ineffective collaboration Lack of decision-making information Inaccurate data Get...

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Why ERP Implementations Fail (and How to Ensure Success)

by | Aug 8, 2023 | ,

Many of the biotech or pharma companies we work with start the relationship by asking why there is so much information out there on the high failure rate of ERP implementations? Why do we believe ERP implementation success rates are so low? Typically, the root cause of an ERP implementation failure falls into one of these categories: Point. Shoot. Aim. IT-driven Waiting room Enigma Point. Shoot. Aim. Refers to an approach in which the project charter is soft, or where the resource allocation is fluid, or where the ability to make the big decisions in a timely fashion is lacking. IT-driven. IT is a critical component of every ERP implementation, and often the IT leaders may have designed the first business solution the company used. Sometimes they’ve done so much work that the software...

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