India is the largest provider of generic drugs globally. India supplies over 50% of global vaccine demand for various vaccines, 40% of generic demand in the US & 25% of all medicine in the UK. By Oct ’20, India exported Pharmaceuticals worth US$ 16.3 billion. By 2025, Indian pharmaceutical sector is expected to grow to US$ 100 billion. Medicine spending is projected to grow 9-12% in the next five years.
Indian Pharma manufacturing industry is quite large with more than 3000 pharma companies with more than 10,500 manufacturing facilities producing thousands of products.
Main pharma product categories manufactured in India
Challenges faced by Pharma Industries
Future Opportunities for Pharma Industries
As a drug manufacturer, you need a system which helps you in building an efficient Supply Chain while running Production and Quality processes that help you deliver quality drugs on promised dates to your customers. The system should help you in your product research journey as well as local and international compliances. You should be able to monitor your business real-time and respond to any situation immediately..
Keeping these challenges and opportunities in perspective, we have designed and developed a solution on SAP ERP – CastaLife specifically for Pharma manufacturers, which is being used by several organizations in India
Components, Functions & Features of our solution for Pharmaceutical Industry
An enterprise application for Pharma manufacturing should enable organizations to produce and deliver high quality products to its customers quickly and at competitive prices, while following CGMP practices and complying with various regulations (FDA, HACCP etc.). It should also help organizations to analyze how their products are being used by customers, and support or service them where required.
Our solution CastaLife is specifically designed to do this! Our team of business experts with vast experience in Pharmaceutical Industry have identified major requirements and developed this pre-configured solution, certified by SAP SE. Whether you are a Contract Manufacturer, Research organization or Generic drug producer, you can use our solution to run your business with good practices (CxP) for manufacturing, clinical, laboratory, storage & distribution of your material.
Our solution enhances the capabilities of SAP S/4HANA and helps you in managing your sales, production, quality & logistic processes specific to pharma industry apart from supporting back office functions like accounting and human resources. We constantly update our solution with improved planning & scheduling processes along with latest compliance requirements and release them in the form of service packs.
Major components of our solution are listed below.
Cross-Industry Functions & Features on SAP ECC or SAP S/4HANA
Standard processes across functions such as Finance, Sourcing & Procurement, Sales, Supply Chain, Quality Management, Production etc. are pre-configured and available for use readily. All processes are available with local tax compliance and reporting requirements.
For example, processes such as procurement of raw material, assets, services etc. are already configured with various release strategies and Purchase Order layouts with the required tax procedures. Processes supporting Domestic Sales, Exports, Online Sales etc. along with invoice layouts are already pre-configured and available to use. Chart of Accounts that supports local and international reporting requirements are available along with the Legal & Statutory reporting templates.
Ready-made tools are available to migrate your Master data and open items. Analytical reports across various functions are readily available.
You can adapt to these pre-configured processes or customize where required and start using the solution quickly. The Baseline functions included in this solution are listed below.
An add-on solution for Pharmaceutical Industry on SAP ECC or S/4HANA
Apart from the baselines functions, we have included processes and features which are specific to Pharmaceutical Industry. These features are available to organizations producing Intermediates, Bulk Drugs or APIs, Formulations, Biologics & Excipients.
Using the native functions & features of SAP ERP, we have incorporated features to support CxP practices related to Manufacturing, Laboratory, Clinical, Distribution and Storage of all material used in drug production. All these practices support various local and international compliance requirements such as FDA, EU, MHRA, HACCP. We have specifically considered the Computer System Validation requirements of US FDA, while developing this solution.
Some of the important features specific to Pharmaceutical Industry are listed below.
Other SAP Applications
Add more capability to your Pharma Solution on SAP ERP
In addition to the Baseline solution & Pharma Add-ons, you can implement additional SAP Applications listed below which are customized for Pharmaceutical Industry.