Medical-related manufacturers and distributors are under obligation to comply with strict regulatory standards governed by the FDA, Sarbanes-Oxley (SOX) Act, and other global agencies. In order to ensure compliance you need electronic records that are as easy to find as they are to enter. Traceability and auditable data is not optional, which is why many medical-related businesses are turning to powerful enterprise resource planning (ERP) solutions such as Microsoft Dynamics® AX.
The medical industry is a serious business with serious risk and it’s in the spotlight as the nation watches and contemplates the significant changes being made with the new health care legislation. Makers of medical devices or supplies are obligated to maintain accurate, detailed records about their products including how they were manufactured and handled, where they were shipped, and depending on the item, even how and where they were used or disposed. Warranty information, service records, and expiration dates are also important to record and associate with specific units or batches of products. This volume and type of information can’t be managed by specialty solutions or spreadsheets. When traceability is not an option, you need a robust enterprise resource planning (ERP) solution such as Microsoft Dynamics AX.
Microsoft Dynamics AX has a look and feel similar to other Microsoft products that most medical businesses use today, making it just as easy to learn as it is to use. Your team can enter all of the key details regarding the medical products that you offer and you can search for the data you need, when you need it. You have real-time data about your operations and products as well as tailor your homepage to put the most critical data at your fingertips. You can monitor production, procurement, specific manufacturing processes, inventory, financials, sales, and other key business information from the convenience of your own computer. With accurate information at the ready, you can respond faster to customer questions, concerns, or product deviations. This added insight and control will enable your team to quickly stop faulty products before they go out to a customer or track them quickly when they need to be recalled.
The type of detailed information required to be collected and maintained by those in the medical industry is much too important to be left up to entry-level or specialty software programs. Contact Kraft Enterprise Systems for more information about implementing the right ERP solution when regulatory compliance and traceability is not optional.
By Kraft Enterprise Systems, LLC, a Tennessee Microsoft ERP Partner