Merit for Life Science

Merit for Life Science is a cloud-first ERP solution specifically designed for biotech, pharmaceutical, and medical device manufacturers. According to the vendor, this software caters to organizations of all sizes within these industries, providing them with the necessary tools to streamline their operational processes. With a focus on inventory and warehousing management, as well as supply chain planning, Merit for Life Science offers features that aim to enhance efficiency and ensure compliance. Professionals in the fields of biotech, pharmaceuticals, and medical devices can utilize this solution to optimize their operations.

Key Features

Inventory and Warehousing: Merit for Life Science enhances Microsoft Dynamics 365 by providing advanced inventory and warehousing features tailored to the needs of biotech, pharma, and medical device organizations. According to the vendor, it enables control over perishable inventory, minimizes costs associated with expiration write-offs, and proactively tests materials approaching their retest date. The solution aims to ensure the quality conditions of materials throughout the operational lifecycle and offers tracking granularity for compliance purposes.

Shelf Life Management: With Merit for Life Science, organizations can effectively manage the shelf life of their products. According to the vendor, the solution allows for the monitoring and control of materials from raw ingredients to end products, aiming to minimize product risk and achieve better process control over upstream and downstream operations.

Critical Materials Management: This feature aims to enable life science organizations to manage critical materials efficiently. Merit for Life Science, according to the vendor, enables tracking of materials movement through the operational lifecycle, ensuring compliance and minimizing risks. It also provides inherent genealogy and improved visibility into parent and sub-batch relationships.

Batch Management: Merit for Life Science facilitates batch management, allowing organizations to effectively handle and track batches of materials or products. According to the vendor, this feature helps businesses achieve better process control, minimize risks, and ensure compliance throughout the entire batch lifecycle.

Supply Chain Planning: Merit for Life Science assists organizations in planning and executing supply chain operations more effectively. It offers features such as stability and re-test management, demand forecasting and capacity planning, and GxP document management. According to the vendor, the solution allows for automatic prioritization of stability and re-test quality orders, aiming to reduce costs associated with expiration write-offs and disposal.

Demand Forecasting and Capacity Planning: This feature aims to help organizations make efficient decisions against forecasts, reducing risks and avoiding capacity bottlenecks. Merit for Life Science, according to the vendor, provides visibility into upcoming quality inspections for on-hand or planned material acquisitions, enabling effective planning of quality testing activities from both time and resource standpoints.

GxP Document Management: Merit for Life Science aims to ensure the quality and security of supply chain-related documents through its GxP document management feature. According to the vendor, organizations can fundamentally improve documentation processes, enhancing compliance and reducing risks.

Stability and Re-Test Management: With this feature, life science organizations can prioritize stability and re-test quality orders automatically. According to the vendor, Merit for Life Science facilitates proactive testing of materials approaching their retest date, aiming to minimize costs associated with expiration write-offs and disposal.

Minimize Expiration Write-offs: Merit for Life Science aims to help organizations minimize costs associated with expiration write-offs by proactively testing materials approaching their retest date. According to the vendor, this feature ensures that perishable inventory is effectively managed, reducing financial losses.

Improved Visibility and Tracking: Merit for Life Science aims to offer improved visibility and tracking capabilities throughout the operational lifecycle. According to the vendor, organizations can monitor materials movement, achieve tracking granularity for compliance purposes, and gain better control over their inventory and warehouse operations.