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Identifying Key Capabilities of SAP Solutions for the Life Science Industry

<div id="content"><p tabindex="0">In this video, you will learn about the business capabilities of SAP for Life Sciences Industry in more detail.</p><div class="note"><div class="noteTitle"><span class="noteIcon"><img title="Note" src="/icons/note.svg"></span><span class="noteTitleText">Note</span></div><div class="noteBody">SAP partners and customers can download <a target="_blank" href="https://dam.sap.com/mac/u/a/QfyhqLM?rc=10&amp;doi=SAP1121558">the slide deck</a>.</div></div><div class="kalturaVideoLessonWrapper"><div aria-label="" class="kalturaVideoLessonContainer" data-testid="video" id="1_ebw1xnbs"></div></div><div class="parentsection"><div class="section"><div tabindex="0"><h3>Lesson Summary</h3></div><ul style="list-style-type:disc"><li tabindex="0"><strong>Operational Improvements</strong>: SAP helps life sciences companies to enhance clinical trials, reduce manufacturing cycle times, improve quality and compliance, and enable anti-counterfeiting, driving down costs and enhancing patient safety.</li><li tabindex="0"><strong>Growth and Compliance</strong>: SAP supports companies in achieving growth ambitions through proactive compliance, leveraging the SAP Business Network for collaboration, and providing tools to scale therapy delivery and improve financial processes.</li></ul></div></div></div>

Key SAP Solutions

<div id="content"><p tabindex="0">You can find more learning assets on the <a target="_blank" href="https://learning.sap.com/browse/industries">Industry Learning Pages on learning.sap.com</a></p><p tabindex="0"></p><p tabindex="0">SAP employees and official SAP partners can access the following additional resources:</p><ul style="list-style-type:disc"><li tabindex="0"><a target="_blank" href="https://dam.sap.com/mac/app/p/pdf/asset/preview/FCAimN7?ltr=a&amp;rc=68&amp;doi=SAP813145">RISE with SAP for Life Sciences – Accelerating digitalization</a></li><li tabindex="0"><a target="_blank" href="https://dam.sap.com/mac/app/p/pdf/asset/preview/btTuDv9?ltr=a&amp;rc=68&amp;doi=SAP1080098">L1 SAP Business AI in Industries Edition Life Science</a></li><li tabindex="0"><a target="_blank" href="https://content-discovery.int.sap/explore?mediaTypeIds=IVJ&amp;categoryItemIds=industry_95174915017257381839339">Industry value journeys on Content Discover</a></li></ul></div>

Related Resources

Introducing the Life Sciences Industry

<div>SAP solutions for Life Sciences offer personalized therapy delivery, global product portfolio transparency, and increased profitability, sustainability, and resilience. By leveraging these solutions, Life Sciences companies can deliver value profitably. This includes personalized therapy delivery, transparency in global product portfolios, and unlocking greater profitability, sustainability, and resilience.</div>

Identifying Key SAP Solutions for Life Sciences Services

Welcome to the second part of this session. In this video, we will look at examples of how SAP and partner solutions are helping life sciences in more detail. In the R&D engineering and clinical trials segment, SAP drives value and improves KPI's by centrally managing clinical trial logistics. This accelerates development, streamlines the product lifecycle, and enables rapid scaling for more trials. To speed development and efficiently managed product lifecycle collaboration, SAP offers enterprise product development. As David Dobowski, head of R&D Finance at Roach, says, our R&D organizations focus on science exponentially impacts bringing transformative medicines and treatments to society. SAP ensures quality control and assurance -released products distributed to the customer. With demand forecasting and supply balancing, inventory optimization, control tower dashboard, SAP can help manage supply chain operations. Through the support of product segmentation, which ensures the right products are sourced from the right plant and are delivered to the right market meeting jurisdiction control. In the logistics and supply chain segment, SAP ensures the traceability of temperature-controlled medication, verifying trading partner authenticity with help of SAP partner applications. As David Mason, who leads supply chain compliance and serialization at Novartis says, Using SAP and Sperity's credentialing service, we have an electronic mechanism in place to verify each trading partner. There was no technical integration required to get started. In the manufacturing and compliance segment, SAP drives value by digitalizing shop floor execution. This reduces costs and ensures precise tracking and tracing of products across upstream and downstream value chain. Priya Viswanathan, Global Serialization Lead, Enterprise Services Bristol Myers Squibb Company, had this to say. When it comes to serialization, SAP brings skin in the game. In developing solutions, SAP's approach to co-innovation and its open discussions with customers to seek input on evolving industry requirements has benefited the industry immensely. Excellent industry collaboration enhances the business value delivered by SAP's serialization solutions. It's a win-win for all. In strategic sourcing and procurement, SAP drives value by leveraging the SAP business network, to connect and manage relationships with qualified suppliers and trading partners. This streamlined sourcing process through guided buying, catalog-based procurement, purchase order collaboration, and subcontracting processes. We helped Italian pharma company Alpha Sigma transform its sourcing and procurement. As Alpha Sigma's chief procurement officer, Francesco Lanav, says, working with experts from SAP services and support, helped us maximize the value we realized from our investment in SEP OREBA solutions. By bringing transparency to the B2B commerce platform, customer service status of global product portfolios, SAP helps customers unlock greater profitability, sustainability, sustainability, and resilience while commercializing their life sciences product portfolios. SAP assisted American medical equipment manufacturer InviaCare in completely transforming their e-commerce approach. As Angela Goodwin InvaCare's CIO described, we did not have an E -Qo. commerce platform with enough agility to meet consumer needs. We needed to completely revamp how we delivered products to the end user. SayP's Life Sciences solutions help customers meet current and future business needs by driving new growth, governing change, and engaging the best talents through deep industry process expertise. These solutions ensure proactive compliance with global and local regulations, efficient collaboration on drug, device, clinical trial supply management, and therapy development. They also ensure cost reduction across the life sciences value chain to deliver premium therapies at competitive prices. For R&D and trial managing logistics efficiently, let's hear our Stem Cell quote. John Lilliman, CIO at Stem Cell said, We're always looking for ways to accelerate time to market for new products and adapt our technology environment to meet the evolving needs of our internal stakeholders and external customers. Advanced discoveries in areas like precision medicine, are bringing new hope to patients and their families. At the same time, we have to comply with increasingly stringent global mandates for sustainable packaging and product safety. For full life cycle drug development, through finance, let's hear another Pfizer quote. We selected the SAPFS slash 4 Hanna Cloud Solution for advanced financial closing to make our process simple, standard, automated, and efficient. Said Rajesh Hayse, senior director and finance. Solutions Lead, FISA Inc. For adhering to regulation, Berringer Ingleheim selected SAP SAP Information Collaboration Hub for life sciences to benefit from high security standards and to leverage the wide network of pharmaceutical companies and legal entities readily connected to the network. This decision industrialized the onboarding of partners along the supply chain and significantly reduced connection time and effort. For reducing cost of supply chain, we helped German pharma company Merck redesigned the order to cash process to strengthen customer relationships. Lucas Gurevich, B2B, and e-commerce specialist, Mirsk KGAA, says, we've made SAP Business Network a pillar of our digital and go-to-market strategy. In the 12 months since Go Live, we've seen our sales revenue lift by 15%. That's trust. Most importantly, SAP and our partner's solutions allow customers to focus on their business and deliver value profitably. This is achieved through personalized therapy. delivery, transparency in global product portfolios, and unlocking greater profitability, sustainability, sustainability, and resilience. This wraps up our Level 2 foundational learning for life sciences. Thank you for watching!