Remove Automation Remove Inventory Management Remove Manufacturing Remove Regulations
article thumbnail

6 Ways Intelligent Automation Is Transforming the Pharma Industry

Automation Anywhere

These are just a few of the benefits pharmaceutical, or “pharma,” companies are reaping from deploying intelligent automation. A 2020 Bain & Company survey shows that 84% of companies across all industries have accelerated their automation efforts, primarily due to the fallout from the pandemic. It’s not a moment too soon.

article thumbnail

Unlock Working Capital With Automated Invoice Management

SirionLabs

In developed markets, there is a potential for expansion into a broader supplier network (mid-tier spend), while emerging markets are still moving beyond the inventory management maturity to tap into supply chain finance for better working capital. Automated flagging of discrepancies or matches for approval.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unlock Working Capital With Automated Invoice Management

SirionLabs

In developed markets, there is a potential for expansion into a broader supplier network (mid-tier spend), while emerging markets are still moving beyond the inventory management maturity to tap into supply chain finance for better working capital. Automated flagging of discrepancies or matches for approval.

article thumbnail

MRO spare parts optimization

IBM Services

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 What’s at stake?

article thumbnail

FDA FSMA: Providing value beyond compliance

IBM Services

Though the rule doesn’t go into effect until January 2026, companies must proactively and strategically prepare their supply chain now, as this complex regulation will require companies to collect and maintain detailed information about the ingredients, processing and distribution of certain products.

article thumbnail

AI in commerce: Essential use cases for B2B and B2C

IBM Business Partners

  In the context of this rapid advancement, generative AI and automation have the capacity to create more fundamentally relevant and contextually appropriate buying experiences. Traditional AI can enhance international purchasing by automating tasks such as currency conversions and tax calculations.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Services

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements. .¹