Kronos Software for Pharmaceutical and Medical Device Manufacturers
Software for pharmaceutical and medical device manufacturers is necessary in the life sciences industry to help these companies overcome key business challenges and increase market share. Kronos for Manufacturing does this by giving managers easy access to the information they need to efficiently deploy labor in a flexible, cost-effective manner. With Kronos for Manufacturing, pharmaceutical and medical device manufacturers can better comply with regulations, improve quality, and manage profitability.
Software for pharmaceutical and medical device manufacturers: supporting a professional workforce
Software for pharmaceutical and medical device manufacturers, such as the single, unified Kronos for Manufacturing solution, which tracks projects across all employees in the business, makes it easy for companies to track their time without interfering with daily goals. With insight into the amount of time that all employees are spending on projects, manufacturers can better analyze project costs and ensure accurate budgeting.
Medical device manufacturers and pharmaceutical firms: quality and productivity
Medical device manufacturers and pharmaceutical companies place a high premium on quality. Patient safety is of the utmost importance. In another sense, a single mistake, for example, can cost millions in lost or damaged ingredients. Employee certifications are an important part of managing quality. Kronos for Manufacturing addresses this by tracking employee skills and certifications automatically. By displaying alerts in advance of the expiration of a certification, Kronos for Manufacturing enables managers to schedule the right people, with the right skill sets and qualifications, at the right time.
Nearly as important as quality to pharmaceutical and medical device manufacturers is productivity. Which is why Kronos for Manufacturing features the Overall Labor Effectiveness™ (OLE) metric, a unique KPI developed by Kronos that is similar to OEE (Overall Equipment Effectiveness). OLE provides a window into the productivity of your workforce and permits you to expose the impact of both direct and indirect labor and take action to reduce costs and identify opportunities for increasing overall labor productivity and profitability, which could include Lean initiatives, for example.
Six Sigma for pharmaceutical and medical device manufacturers
Six Sigma initiatives for pharmaceutical and medical device manufacturers are supported by Kronos for Manufacturing, which captures information at user-defined levels of detail. These initiatives are designed to identify and eliminate waste. Leveraging Six Sigma techniques, Kronos for Manufacturing helps pharmaceutical companies increase operational efficiency by giving managers the ability to monitor orders as they move through production.
Medical device manufacturers and pharmaceutical companies improve compliance
Medical device manufacturers and pharmaceutical companies face stringent regulatory requirements for maintaining quality and are subject to periodic inspections by government organizations such as the FDA and MHRA. Failure to comply with regulations can result in delays in approvals, confiscations or recalls, suspension and revocation of production and sales, as well as fines and other sanctions.
The Kronos solution for medical device manufacturers and pharmaceutical companies also automates the calculation of work rules and pay rules, which can reduce the administrative burdens and legal risks inherent in compliance-related record keeping and reporting. This capability is especially useful for pharmaceutical and medical device manufacturers operating in more than one country. Different union rules, pay rules, and regulations can all be addressed with the Kronos for Manufacturing solution, helping companies avoid union grievances, lawsuits, and employee dissatisfaction.
Software for pharmaceutical and medical device manufacturers improves resource utilization, boosts competitiveness
Software, such as Kronos for Manufacturing, for pharmaceutical and medical device manufacturers helps enhance labor productivity by allowing manufacturers to monitor the utilization of capital equipment and take steps to minimize downtime and delays.
Medical device manufacturers and pharmaceutical companies compete in a fast-moving world which demands that they conduct operations with the utmost productivity and efficiency. Having the proper tools in place is an essential part of achieving this goal. Kronos for Manufacturing can help medical device manufacturers and pharmaceutical firms overcome the challenges of compliance, quality, and profitability — giving them the powerful, yet simple to use, technology they need to differentiate themselves in the highly competitive life sciences industry.
Learn more
For more information on how Kronos for Manufacturing can help your business, read the free Manufacturing Workforce Guide.
Or contact a Kronos representative.
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