Oracle NetSuite helps Bide Pharmaceuticals digitize the circle!

Shanghai Bide Pharmaceutical Technology Co., Ltd. (hereinafter referred to as "Bide  Pharmaceutical ") was established in 2007 and is headquartered in National University Science Park, Yangpu District, Shanghai. Bide Pharmaceutical is a high-tech enterprise mainly engaged in the research and development, production, sales and synthesis customization of pharmaceutical intermediates related products. Since the establishment of the company, it has always adhered to the corporate creed of credibility first and quality first. Its products are widely used in the R&D and production fields of life science, organic chemistry, material science, analytical chemistry and other disciplines, and the sales range is all over the world. At present, the company has established cooperative partnerships with many top pharmaceutical R&D units at home and abroad.

In the digital age, technologies such as Internet technology, big data, digitization, and intelligence have gradually penetrated, and the pharmaceutical industry has shown a trend of accelerating online and offline integration. The living space of pharmaceutical companies has been severely squeezed. More than half of the pharmaceutical companies are still in a state of single-point informatization and digital coverage, and the integration between systems is low. 26% of pharmaceutical manufacturing companies are in the initial stage of digitalization. How to carry out successful digital transformation has become an important issue faced by biopharmaceutical companies.

The complex order production business model of Bide Pharmaceuticals requires a complete system from CRM to ERP (order management, production) to help it manage orders. Communication across departments and time zones is slow, and issues such as multi-country, multi-currency, and multi-criteria also need to be resolved urgently. After multiple evaluations and assessments, Oracle NetSuite & Hitpoint Cloud were finally selected as partners to help enterprises digitally transform.

•Establish an integrated system to support the management demands of multi-country, multi-currency and multi-tax systems

• Integrating data into one system facilitates effective communication and collaboration between departments

•OneWorld supports rapid company expansion

Oracle NetSuite & Hitpoint Cloud starts from data analysis, data decision-making, data-driven and other aspects, so as to help Bide Pharmaceutical achieve data unification, business transparency, value chain integration, and strategic implementation, so as to maximize its value from the perspective of data.