Procurement Software for Pharmaceutical Industry
Effortlessly enhance healthcare and pharmacy supply chain management with Zycus' tailored procurement solutions
Healthcare Procurement Solutions
In the pharmaceutical industry’s maturing landscape, innovative healthcare & pharmaceutical software, including pharmacy procurement software, is becoming essential for streamlined procurement processes, improved supply chain efficiency, and sustained competitiveness
Healthcare and Pharmaceutical Industry Challenges
The shifting dynamics of the pharmaceutical industry, with a strong emphasis on life sciences and biotechnology demand changes in business cultures. Pharma companies now face:
- Diminishing marginal returns and value from new research and drug innovation
- Huge pressures on margins with tightening public health policies and rising costs in other areas of healthcare
- Economic-value-based commercialization and epidemiological pressures shifting focus toward preventive treatments while arresting disease progression to save overall healthcare costs and increase patients’ quality of life
Procurement Teams in the Pharmaceuticals Industry Can Drive Value-Creation By:
- Seeking and capturing supplier innovation from the earliest stages of research and development through healthcare delivery
- Building collaborative, high-performance partnerships with Contract Research Organizations (CROs) and other third-party providers of high-end technical and scientific services
- Bringing the same measures of procurement discipline to indirect spending as they have often been achieved with direct categories
With a blurring of core and non-core activities and heavy margin pressures, greater off-shoring and outsourcing in niche service areas demand procurement capabilities that go far beyond traditional transactional modes of operation.
How We Can Help
Whether your business strategy is to compete through scientific or consumer-side excellence, our suite of procurement solutions can help procurement to reinvent its corporate role.
By supporting speed-to-market and ensuring high-performance and innovative channel partners, procurement teams have plenty of opportunities for contributing to future success among pharmaceutical companies.
Spend Analysis
Use SPEND ANALYSIS to gain timely, accurate, complete, and detailed visibility into spending.
Supplier Management
Use SUPPLIER MANAGEMENT to store supplier information and drive continuous improvement in supplier performance.
Accounts Payable
Accounts Payable automation software tailored to meet the unique needs of the healthcare industry.
Financial Savings Management
Use FINANCIAL SAVINGS MANAGEMENT to meet cost savings targets and increase profitability.
eSOURCING
Utilize our intelligent STRATEGIC SOURCING to obtain goods and services at best value.
Contract Management
Use CONTRACT MANAGEMENT to minimize risk and meet statutory requirements with ease.
Explore How Zycus is Pioneering Procurement Success in the Pharmaceutical Sector
