Chemical & Process data management services build a strong foundation for companies to excel
Sharecat Data Services understand the Chemical & Process Industry
Why Sharecat Data Services?
Use data unlock sustainability in your operations
FAQs - Chemical & Process Industry Data Services
Asset data is either a problem or an asset in the Utilities Industry
Synergies for utility companies with other heavy and complex industries
Is Sharecat Data Services the Right Solution?
Now is a Bad Time to Embrace Data Improvement
FAQs - Utility Industry Data Services
For pharmaceutical companies, like any company operating a complex production facility, weak data is the source of many problems. Unreliable, incorrect, and missing data leads to higher costs, unreliable production, and lost revenue due to increased risks, lack of visibility, insufficient mitigations, and slow response times.
Conversely, the opposite is also true: strong data can prevent problems, reduce costs, and increase revenue through consistent, reliable, and efficient operations.
No matter what kind of pharmaceutical products you are producing, whether via a batch or continuous process, your facilities and teams need strong information as a foundation to operate reliably and efficiently to deliver high-quality products and generate revenue. Unfortunately, although all pharmaceutical companies want data strength, very few have achieved it.
Great software cannot deliver the value pharmaceutical companies need using poor data. The direct additional cost of unproductive software is small compared to the cost of the consequences of unreliable and missing information in your ERP, EAM, and CMMS systems, such as:
● Equipment failures and unavailable parts causing lost production and downtime
● Reliance on inefficient and inconsistent manual processes that should be automated, such as procurement of spares according to defined criticality, min/max and similar rules.
● Wasted and stranded capital due to unnecessary procurement and inventories of parts
● Missing information required for operations, e.g., for equipment obsolescence mitigation and management
● Lack of overview and engagement with your supply chain
It is unfortunately common, and often accepted as normal that poor data within your ERP, EAM, and CMMS systems is something that you have to live with and work around. This results in a broad range of potential problems, which are outlined in our Insights page.
All can be avoided by addressing the source of the issues and removing the weaknesses in your data to build a foundation of strong, reliable, and accurate data for your operations.
The bad news is that high-quality, accurate, and reliable data doesn’t happen by itself. Most organizations operate on the assumption that they have the right information available when needed and do not have the capacity or resources to deliver and maintain the data that is expected in the wider organization. This affects pharmaceutical companies in the same way.
If you are reading this, you probably know only too well that the opposite is guaranteed to happen without focus and support to build and maintain strong data. This is where expert data management services can make the difference.
Using data management services, accurate, reliable, and complete data can be delivered quickly for your ERP, EAM, and CMMS systems so that you can:
● Build and maintain operational efficiency
● Reducing operating costs
● Mitigate and prevent risks to production
● Be compliant with regulations
“I don’t have time to improve my data, I just have to work around it”. This is something that we hear from many customers, large and small in the pharmaceutical industry. Building the expertise, resources, and processes to fix errors and deliver accurate and reliable data takes time and investment that you probably don’t have, especially when the simple fact is day to day pharmaceutical production activities must be prioritised.
Working with a specialist in data management services, specifically for the asset and facility data in your EAM, ERP and CMMS systems, avoids the need for you to divert resources and disrupt focus from operations while achieving the improvements needed to quickly make a difference.
To move from a position of data weakness to data strength, you must identify where you are now, address the problems to remove the weakness, and then maintain and enhance the data strength created. Our approach can help you at every point on this journey, whether it is one or a combination of Data Cleansing, Data Enrichment, Data Standardisation or Data Cataloguing.
Regulatory requirements are constantly developing and changing regionally and globally. The burden of proof of compliance is on you as the producer, which ultimately means the burden must be carried by your systems and your data to demonstrate compliance. Without easily accessible reliable data, regulatory compliance is both a major risk and a headache for pharmaceutical companies.
Our team actively participates in a range of initiatives together with our customers, and works to speed on the range of relevant international standards and regulations. This enables our customers to be agile so that your data and systems are up to date, and in line with the changing regulatory landscape pharmaceutical companies are often dealing with.
If you’re interested in seeing more, you can find some of the initiatives and standards that we work with today here on our Data Standardisation services page.
Sharecat delivers a range of data services specifically for complex and heavy industries, including pharmaceutical. Here's how we stand out compared to traditional “low-cost” data processors:
We deliver accurate, reliable, and high-quality data every day for customers operating facilities across the globe, which is why we are not afraid to stand behind our work with a simple guarantee. You give us the information, and we will return high-quality data that is guaranteed to be correct, improving your internal processes, and saving further resources in return. If we’ve made an error, then we will fix it for free.
Our processes include multiple quality checks before anything is delivered, preventing errors from making their way into your ERP, EAM, or CMMS system. We catch any errors before data is delivered. A simple step that is often missing with other providers. Thanks to our continuous focus on quality, our average rate of items flagged as potential errors for check before delivery is <1%.
Our training, processes, and technology are focused on one thing - ensuring high-quality data at scale, with low cost. This is something that has been continuously developed, improved, and refined across 30 years, resulting in our unique execution model that benefits our customers.
The combination of expertise with automation and technology results in processing information on average 70% faster than our competitors and, importantly, without errors. We deliver the reliable data your systems and teams expect faster and cheaper than if you tried to do it yourself. Our team makes what is a problem today become a major strength tomorrow.
Our level of support and activity is also scalable, we can work on individual scopes up to full outsourcing. You get the benefit of additional resources that are flexible and adjustable to meet your changing needs matching the pace of your activities and operations.
Whether Data Cleansing, Data Enrichment, Data Standardisation or Data Cataloguing we can come in for the short term to help get you on the right path, and we can also be a long-term partner to maintain your data strength after it is established.
We encourage you to spend some time reading through the information in these pages as they are designed to help you understand the different areas we can help, and how a journey to data strength with Sharecat Data Services could look like for your pharmaceutical company.
Ultimately, only you can decide whether we are relevant for what you want to achieve, but if one or more of the following sounds familiar, then there’s a good chance we can be the partner that can make the difference;
● You have poor and incomplete plant/facility data in your ERP, EAM, or CMMS systems.
● You know that your data is holding you back but don’t have the capacity/time/resources to address the problem
● You’re looking for a way to quickly address the issues without causing disruption
● You want a partner with a proven track record of delivering high-quality data at low cost.
We always recommend starting small and focusing on the areas that will give the most value quickly so that you can get maximum value while also testing whether Sharecat Data Services is the right fit for you. This is a low-risk/high-reward model where everyone wins.
If you’re ready to discuss then simply Get In Touch and one of our team will contact you – don’t worry, if we don’t think we are right for your needs we will let you know.
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