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Product category: ERP and MRP software
News Release from: Novatek International | Subject: NOVA-ERP is a 21 CFR Part 11 solution
Edited by the Manufacturingtalk Editorial Team on 24 August 2004

Software consolidates inventory,
manufacturing

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Faced with rising costs, lower investment returns, and shrinking operating margins, industries need an effective performance management tool to better manage their budgets and streamline processes.

Faced with rising costs, lower investment returns, and shrinking operating margins, healthcare industries need an effective performance management tool to better manage their budgets and streamline processes NOVA-ERP is a 21 CFR Part 11 compliant business process management solution, which provides organizations with consolidated inventory, manufacturing, warehousing, financials, multi-site reporting and relationship and knowledge management capabilities

Employees, customers, and partners are provided with access to information across the entire enterprise value chain.

NOVA-ERP, built specifically for pharmaceuticals, biotech and other healthcare industries, is a one of a kind specialized solution consisting of a variety of modules.

These modules include Forecasting, Planning, Purchasing, Manufacturing, Distribution, Finance and Accounting, and take into account pharmaceutical and biotech processes and requirements.

Many quality-oriented features have been implemented in the NOVA-ERP as per FDA guidelines.

These features include production lot distribution traceability, inherent recall procedures, lot quarantine and release procedures, as well as data entry, review, and approval traceability in compliance with 21 CFR PART 11 and cGMP guidelines.

Among many useful business oriented tools includes easy to use forecasts, production plans, general ledger, and accounts setup.

The user-friendly features of the system are most apparent through the customizable, powerful report generation tools found in the trial balance and balance sheet, income and cash flow statements, GL summaries, and summary trial balance at each consolidation level.

In keeping with Novatek's tradition of making customer relevant software, NOVA-ERP has optional bar-coding capability.

With the Barcode tracking option installed, Orders, Lots, Shipping information and more are all immediately available through a quick barcode scan.

The end result is improved workflow, increased tracking efficiency and perhaps most importantly, a reduction in the effect of human error on inventory manipulations.

Through increased productivity, a reduction in capital expenditure, and improved decision support and planning, Novatek's ERP system will produce a return on investment within the first year of implementation.

Novatek Intl is known worldwide for leadership in pioneering 21 CFR Part 11 compliant solutions for the entire product life cycle of healthcare quality operations.

Novatek provides solutions for manufacturing, packaging, and quality assurance and control.

Advanced Quality Nova-LIMS and NOVA-ERP delivers this comprehensive capability at the core, and complementary applications that serve specialized needs.

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