PBPA is an important process automation tool for the pharmaceutical industry. It will streamline various processes and make the over all system more efficient, resulting in the considerable savings for the pharmaceutical companies.
Here are some key components of the PBPA tool.
Finding new customers first is both a challenge and a reward for any marketing professional. The market analysis for a product like this takes an enormous amount of hard work to convince the industry at the outset, and the opportunity costs involved are also high. Once this is achieved the rewards will outperform the marketing costs and will add to the revenues of the company in a big way.
By 2014, Fortune 2000 firms will reckon on sophisticated BPM tools like IBM BPM, Oracle BPM, PEGA BPM tools to mitigate the BPM Defects (source: Gartner Report). As the pharmaceutical industry is growing consistently around 10% worldwide, and adverse reactions to new molecules to treat new diseases is becoming increasingly difficult in managing the critically ill patients, such a software embedded in DRM greatly enhances the marketability for a product with such a feature. The wellness industry that includes pharmaceutical industry is growing to be around $ 1.5 trillion by 2016 and Customer Relationship Management (CRM) acquires a prominent position in driving sales for a particular company and when it is coupled with PBPA tool, it enormously enhances loyal customers to that particular company. The industry will be inclined to have such a product in their armamentarium to increase their sales and to get a dominant position in the markets they are operating.
The product is going to be widely marketed in the health care sector with a special emphasis in pharmaceutical manufacturing and medical diagnostics industry. The broad will have wide-ranging implications as the product is directed towards bringing safety and well-being to mankind. The product should have very good scope as many companies would come forward to implement this capability in their companies to achieve better results for their products and to avoid any costly law suits from customers.
Specialty Pharmacy has been segregated into six major business process areas, each with multiple end to end business flows:
The Functional Requirements Specification documents the operations and activities that a system must be able to perform. Functional requirement includes functions performed by specific screens, outlines of work-flows performed by the system, and other business or compliance requirements the system must meet.Functional Requirement includes:
Design Specifications describes system performance requirement outlined in the Functional Requirements. This includes instructions on testing specific requirements, configuration settings, or review of functions or code. All requirements outlined in the functional specification are addressed; linking requirements between the functional requirements and design specification is performed via the Traceability Matrix.Design Specification includes: