Present Challenges:

With a majority of drugs having already gone off patent, many more going off patent in the next few years and the cupboard of New Drug candidates almost bare, Pharmaceutical companies are fighting for the a share of the shrinking pipeline of drugs. On the other hand, the regulations – both from the pharmaceuticals regulatory agencies and statutory agencies are becoming stricter.

Apart from these major Challenges, Industry is also facing the challenges of

• Credit crunch
• High Input raw and packing material cost
• Inventory Building up at various stages of Manufacturing
• Absence of skilled Work force
• Low utilization of Existing plant and machinery
• Delay in collecting receivables etc
• Handling Import and export Documentation
• Costing and Inventory valuation of Solvents & Mother Liquor

All these factors are making companies work in less efficient way and resulting in Cash flow problem, Production losses, non compliance delivery commitment etc..

How Does SpectraSoft Add Value?

SpectraSoft understands the business dynamics and have knowledge of different functions and Critical Factors that influence optimal performance of the enterprise.

SpectraSoft can help you to identify Critical gap between Business processes that you follow vs. Industry best practice. Suggest alternative ways to adopt those identified best business practices and help deploying solutions and also train employee adapt to improved best business practices.

This process helps companies to build business of a strong foundation and improve their efficiencies, ensure compliance with the operational, managerial and regulatory processes hence enabling control over costs, increase in assets utilization and profitability.