Life Sciences companies face many challenges to remain competitive, continue to grow, produce high quality products and increase profitability. Pilgrim’s solution provides the bottom-line results that customers demand in the areas of:
- Overall Compliance
- Productivity Improvement
- Cost Reduction
- Quality Improvement
|
“I am looking forward to working with Pilgrim Software and the other members of its Board of Advisors. Pilgrim has demonstrated to the Blood Services Industry that it understands the operational challenges these organizations face daily and it can provide solutions to support them in achieving two of their core objectives – increase blood donation and strengthen its volunteer network.”
Dr. Décary, CEO, HEMA Quebec |
Pilgrim customers are meeting four major challenges with Pilgrim’s help:
1. Compliance Challenge
Companies face increasing frequency and duration of audits, regulatory warnings, fines, and consent decrees, and are unable to quantify the voice of the customer. FDA warning letters increased 45% from 2003 to 2004, with the biggest increase in GMP and Quality Systems letters. As a result of stronger enforcement and multiple compliance requirements, 10% of IT spending is for compliance initiatives.
Pilgrim’s solution helps identify and resolve customer problems, document SOPs and best practices, identify and resolve non-conformances, calibrate equipment, and audit the company’s compliance. The results are improved customer satisfaction and brand reputation, reduced cost of poor quality and unplanned regulatory/legal actions.
2. Sarbanes-Oxley (SOX) Compliance Challenge
SOX compliance leads to increased administrative time and cost, increased audit fees, and diverts management focus away from strategy and profit improvement. SOX compliance is the greatest challenge for 84% of US multi-nationals. Companies today are spending 28% of SOX funding for technology to improve reporting and reduce annual costs by 10-20%.
Pilgrim’s solution helps companies meet SOX internal control requirements by automating the management of financially related SOPs, internal assessments to prepare for external SOX audits, ensuring that financial and operational staff have the proper governance and SOX training, and by managing non-conformances in financial and IT control processes.
3. IT Compliance Strategy Challenge
More than 14% of global IT spending is for better use/integration of data. Why? Stand alone/silo, home grown, non-integrated and manual systems and data result in a lack of visibility across the enterprise and result in paper intensive processes. This causes critical knowledge to be compartmentalized. The impacts include higher IT administrative and overhead costs, less IT productivity and ineffective resource utilization.
Pilgrim’s solution integrates people, processes, products and systems under one integrated enterprise solution. This reduces the number of people in the process by automating paper intensive processes, and provides timely data across the enterprise which previously was not available. The results are better information and lower administrative and overhead cost.
4. Productivity and Cost Reduction Challenges
Companies are expected to achieve business results in a competitive market, and provide product quality and safety while streamlining product development and market introduction. In recent surveys, more than 20% of IT spending is dedicated to productivity and cost reduction initiatives across the organization. Impacts from poor quality can result in high costs associated with recalls, litigation, and poor marketplace perception.
Pilgrim’s solution helps reduce the time and cost to manage documents, identify and resolve problems in product development and introduction, manage supplier quality, and help ensure a trained workforce. The Pilgrim Solution also interfaces with a company’s internal systems including ERP/MRP, MES, HR, PLM and PDM to ensure that compliance and quality are part of the entire product lifecycle management. The result is streamlined decision making, reduction in the cost of bringing new products to market and the elimination of numerous product stalls and recalls.
|
"I welcome this opportunity to provide advice on Pilgrim’s go-to-market strategies, account penetration and to serve as a pharmaceutical industry expert. Pilgrim Software is clearly showing their dedication to helping the pharmaceutical industry improve manufacturing efficiency, boost product quality and help bring new drugs to market more quickly in an increasingly competitive global market."
Dr. Durrant, CEO, Pediamed |
Some of Pilgrim's Lifescience Customers
- American Red Cross
- Animas Corporation
- Arrow International
- B. Braun Medical
- Baxter Healthcare
- more customer
More Information
E-mail
this page
Print This Page |