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Biomedical
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CRO Pharmaceutical R&D
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Pharmaceutical Intermediates
PHT
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CRO R&D Project Management
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Lims Docking
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Revenue and Cost Reallocation
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GSP/GMP Compliance
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Whole Process Batch Traceability
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Stockpile Maintenance and Disposal of Waste
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Customer Profile
Founded in 1993, PHT International is a custom development manufacturing (CDMO) and contract research and development (CRO) company providing innovative solutions to global pharmaceutical companies. (‘PHT Pharma Tech’), a wholly owned subsidiary of PHT (acquired by PHT in February 2021), is dedicated to the chemical synthesis and analysis of complex molecules, analytical development, and process research and development to provide R&D services for new drug discovery projects for global clients.
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Informatics Challenges
Multi-business and unified operation platform claims of subsidiaries: Nantong Company is responsible for CRO R&D, Ningbo Company is responsible for sales, and Shangyu Plant is responsible for pharmaceutical intermediates production;
Complex information technology situation in urgent need of integration: PHT headquarter uses NetSuite system; Nantong company used SAP system before it was acquired, which needs to be replaced by NetSuite system; Ningbo trading company and Shangyu factory need to replace the original Kingdee system with NetSuite system;
*Nantong R&D Company:
① the requirements of product development full life cycle management, expense control and income cost redistribution;
② the need to open up the laboratory Lims system to synchronise orders and project-related information;
*Ningbo trading company: meets the requirements of GSP norms for trade management of pharmaceutical products;
*Shangyu factory:
① Meet the requirements of GMP norms supply chain tracking and production process control;
② Complete batch traceability and harmless disposal requirements for raw materials, semi-finished products and finished products;
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Solutions
Hitpoint Cloud reconstructed the main processes of PHT's Chinese multi-business subsidiaries based on NetSuite, as well as the collaborative processes with PHT's U.S. headquarters;
1.PHT Nantong R&D service company:
①Connect with Lims, seamless integration of customer and project master data, progress, man-hours, consumables, and lab reports;
② project-based order management, R & D project cost reduction: various types of revenue and cost reallocation (by department, by project, etc.), project-related cost and profit analysis report real-time presentation;
2.PHT Ningbo Trading Company:
①Trading and inventory management of pharmaceutical products in compliance with GSP requirements;
② a variety of inter-company transactions and trade chain cost reduction;
3.PHT Shangyu pharmaceutical intermediates factory: GMP-compliant pharmaceutical production of the whole process management and refined cost accounting;
① Supplier qualification audit and strong control, supplier full life cycle management, KPI assessment;
② Full-process batch traceability of materials, semi-finished products and finished products;
③ Inventory entry and exit quality inspection and re-inspection, inventory conservation, age and near-expiry management;
④ Manufacturing process end-to-end tracking, to achieve the whole process monitoring: including work order material application - audit - allocation - clearance - recycling - three waste disposal;
⑤ Fine classification of manufacturing costs and multiple calculation methods: labour, three wastes, three wastes-RTO, energy consumption, energy consumption-electricity, solid costs, packaging and transportation costs, etc.; man-hour method and actual consumption method, etc;
⑥Cost reduction of manufacturing overheads: reclassification of production costs by output cost (item) dimension or department dimension;
⑦Uniform apportionment tool for public expenses at the end of the month;
⑧Periodic settlement.
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Customer Benefits
1.NetSuite group globalisation architecture provides PHT Group with a global unified collaboration platform, from the US headquarters to multiple subsidiaries in China, all data is visible at all times, automating related transactions and consolidated statements;
2.NetSuite itself is characterised by its ability to fully meet domestic and international GxP/FDA compliance requirements and CSV certification requirements;
3.Hitpoint has deep attainments in all segments of the biomedical field, perfecting the global business and financial collaboration process for PHT's headquarters, while providing personalised business and financial management solutions for China's multi-business subsidiaries.