Pharmaceutical Industry
Overview
Pharmaceutical companies operate in an ever-changing and highly regulated environment. In particular, research and development breakthroughs, governmental and industry regulatory revisions and worldwide competition volatility create unique requirements and issues for a pharmaceutical company. To stay a viable competitor, pharmaceutical companies must establish goals of constantly reviewing for efficiency improvements, cost reductions and proper market focus. Implementing proper tools and systems can assist a Pharmaceutical Company to reach these goals, for example:
- Implementing current Good Manufacturing Practices (cGMP) and a well defined quality management system assists in producing consistent and reliable product
- Implementing a system that handles the applicable distinct manufacturing and packaging environments and requirements, such as batch processing, repetitive, discrete and make to order manufacturing, achieves complete manufacturing integration that supports regulatory compliance and needs for forward and backward material lot tracing.
- Implementing an integrated Supply Chain system can streamline processes, reduce inventories and increase consistency of materials used and produced
- Implementing processes and systems that control and manage unique and distinct distribution requirements such as adhering to policies for returned product, credit issuance and disposal of expired product, validating credit issued against viable customer contracts and charge backs, and controlling and accurately reporting consignment inventory
- Implementing a system that readily adapts to governmental and industry regulatory changes reduces the compliance costs and assists avoidance of possible significant and extensive costs and consequences of noncompliance.
Pharmaceutical companies require a business partner that has a clear and comprehensive understanding of their particular business needs and requirements who has proven knowledge and ability to realize their corporate goals.
Key Industry Business Drivers
- Multiple manufacturing environments
- Process Costing
- Lot/serial tracking – forward and backward
- Compliance and FDA validation
- Quality Management
- Yield management
- Shelf Life/Lot expiration
- Contract and Chargebacks
- Supply Chain Cycle
Our Experience
Logan Consulting has experience working with Pharmaceutical Companies and their affiliates in industry segments from container manufacturers and hospital supplies to automotive batteries and body parts. Our ability to execute projects quickly and successfully, and our dedication to implementing business, manufacturing and project standards, makes us an ideal partner for Pharmaceutical Companies.
Specific Clients: