Life Sciences Manufacturing: Overcome Key Business Challenges

Life sciences companies play a critical role in the health of people worldwide. As the global population ages and changing demographics affect healthcare needs and priorities, pharmaceutical companies, medical device manufacturers, and biotechnology companies are being challenged with an accelerating rate of new product introductions.

The Kronos® for Manufacturing solution helps life sciences companies overcome key business challenges and increase market share. How? By giving managers quick access to the information they need to efficiently deploy labor in a flexible, cost-effective manner. With Kronos for Manufacturing, managers can better meet compliance regulations, improve quality, and manage profitability.

Tracking workforce to projects
Manual or multiple disparate project tracking systems make it virtually impossible to track the time of all your research employees — including full-time staff, partners, and contractors — to their projects. Kronos consolidates labor information from existing systems and provides our own labor tracking data.

Minimizing compliance risk
Life sciences companies must meet stringent regulatory requirements for maintaining quality and are subject to periodic inspections by government organizations such as the FDA and the MHRA. Kronos for Manufacturing helps minimize compliance risk by tracking the training requirements from your organization’s compliance systems along with your employees’ certification status for each function.

Controlling labor costs
Kronos for Manufacturing helps life sciences companies maximize profitability throughout the life cycle of a product. It starts with the premanufacturing stage. The solution allows you to establish labor standards before the product launches and apply lean techniques so that you can align costs with margin targets.

Improving resource utilization
By helping enhance labor productivity, Kronos for Manufacturing allows manufacturers to monitor the utilization of capital equipment and take steps to minimize downtime and delays. Project managers are notified when one of the lots in a production batch falls behind, and they can deploy resources in response.

The bottom line — your bottom line
Competing in the fast-moving world of life sciences manufacturing requires companies to operate efficiently and productively. Having the proper tools in place is a critical part of achieving this goal.