Enterprise resource planning options for the midsize life sciences company

This white paper helps executives in midsize life sciences companies understand their technological business needs and the options they have for addressing them.

A midsize life sciences company has most of the same business requirements and all the regulatory issues of a large life sciences company. However, the midsize life sciences company has fewer resources at its disposal to address these issues. While most enterprise resource planning (ERP) software providers have made their name by providing solutions to large companies, only a few have flourished in the life sciences industries. And even fewer meet the needs of the midsize life sciences businesses.

This document helps executives in midsize life sciences companies understand their technology-based business needs and the options they have for addressing them. As an executive in a midsize life sciences company, you need to balance the capabilities of ERP systems with both economic restrictions and alternative, human-based approaches. A larger company can justify levels of automation that are not economically viable for the midsize company, because the larger company can extend a solution over many business units and higher business volumes.

This white paper explores compliance strategies that allow you to balance risk with cost, in addition to the process and consideration of selecting a solutions supplier. Use this paper as a starting point in the process of evaluating your needs and decision criteria.

Olin Thompson is a principal of Process ERP Partners. He has more than 25 years of experience as an executive in the software industry. Olin has been called "the father of process ERP." He is a frequent author and an award-winning speaker on the topics of gaining value from ERP and e-commerce, and the impact of technology on industry.