Download – 6 challenges facing the growing cannabusiness whitepaper

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6 challenges facing the
cannabis industry

Download our whitepaper to learn about the challenges that the cannabis industry is facing.

Download – Cannabis supply chain challenges whitepaper

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Supply chain challenges for
the cannabis industry

Download our whitepaper to learn about supply chain challenges that the cannabis industry is facing.

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ERP issues in industries Intersecting with food, chemicals, and cannabis

By | Agriculture, ERP, Pharmaceutical / Nutraceutical | No Comments
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Access to better data can help pharma companies make better decisions about operational and sales matters.

For pharmaceutical and agricultural businesses, the opportunity to forge deep partnerships can make a major difference. In an era of tight margins, rising costs, and increased regulatory scrutiny, these partnerships can go a long way towards transforming profitability.

As noted in the recent post, Three Industries Where Your ERP Choice Is a Major Competitive Differentiator, several industries are seeing the advantage of using enterprise resource planning (ERP) software to ensure compliance and improve operations. For pharmaceutical and agricultural companies, using ERP tools can enhance the ability to partner with other companies in highly regulated spaces.

Here is a closer look at ERP issues in industries intersecting with food, chemicals, cannabis companies.

It begins with data

In both pharma and agriculture, data is critical to making better decisions. Having an enterprise resource planning software solution helps companies resolve several key issues with data.

Both industries have suffered from a lack of real-time data to drive decisions. There’s also the risk of unreliable data, largely due to manual tracking and reporting.

Data duplication and unreliable data can have a severe impact on decision-making. With incomplete or inaccurate data workers are unable to make informed decisions reliably.

Farms are notorious for creating silos where different areas of the organization are not integrated or producing unreliable data. The consequences? Not knowing how much inventory is in place or how many finished goods are available for sale.

In pharma companies, integration of sales, production, and distribution can lead to major competitive advantages. However, without an ERP solution in place, companies will struggle to gain leverage.

Man standing in a dairy farm surrounded by cows.

Farms need access to integrated data to manage inventory and available products.

The ERP Advantage

ERP platforms allow for the integration of data and systems across enterprises. Sales and marketing information, customer relations, finance, and production areas can share data transparently, providing access to employees across the organization. Shared data allows for more insights and better coordination.

Companies can also share information across the supply chain, providing companies with the opportunity for deeper collaboration. In pharma and agriculture, and related nutraceutical companies, this can mean deeper relationships with food and beverage, chemical, and cannabis industries.

By providing data, access, and insights, pharma and agriculture companies gain major competitive advantages. The ERP provides richer information and context that drive more strategic decisions. Here are a few key benefits:

  • Real-time visibility into production, shipping, financials, and regulatory compliance tools
  • Inventory tracking and management
  • Production scheduling, including, for farming, nutrient, watering, and application scheduling
  • Work monitoring
  • Quality control
  • Materials consumption
  • Order management
  • Analytics that can be deployed to drive efficiency

ERP systems also provide an advantage when it comes to regulation. Automation tools and sensors help to track, record, and report on data necessary for compliance. For many industries, compliance relates not just to the company itself but its suppliers. By providing accurate, detailed, and timely compliance information, pharma and agriculture companies deepen relationships with other regulated partners.

At NexTec Group, we help companies manage the complexities of choosing the right ERP solution. Our consultants know the vendors, products, and features that best match your needs. Contact us to see how NexTec can help your agricultural or pharma company gain a competitive advantage.

Download – CannaBusiness ERP eBook

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Track it all from
seed-to-sale

Download our cannabis ERP eBook to discover how you can grow much faster with efficient business practices.

Download – Manage your cannabis venture to the next level

By | Agriculture, Sage X3 | No Comments

Track it all from
seed-to-sale

Discover how CannaBusiness ERP can help you grow much faster with efficient business practices.

Cannabis

By | Agriculture, ERP, Sage X3 | No Comments

CannaBusiness ERP

Welcome to the next gen of cannabis business management software

NexTec’s food and agriculture experts have partnered with leading Cannabis industry experts to develop software that runs your Cannabis business as a business should be run. Our solution not only handles tracking of seed-to-sale activities, but encompasses your entire cannabis operations, with all the compliance needs handled along the way.

Manage grow operations

Process your plants

Coordinate shipments

Maintain compliance

Plan activities and tasks

Manage your waste

Benefits of CannaBusiness ERP

CannaBusiness ERP - Operations icon

Financial & operational management

  • One system to manage finance AND operations
  • Multi-operations/company/legislation/currency and intercompany
  • Track key data/metrics (strain, costs, human resources and processes)
  • Provides dashboards, issue alerts and audit reports
CannaBusiness ERP - Compliance icon

Governance & compliance

  • Supports US State/Health Canada compliance tracking
  • Compliant with ACMPR and global regulations
  • Scalable and comprehensive materials tracking
CannaBusiness ERP - Traceability icon

Seed-to-sale traceability

  • Manage grow activities and maximize field resources
  • Track plants (forward and backward)
  • Schedule production for continuous grow operations
  • RFID/barcoding reduces manual entry
CannaBusiness ERP - Customer icon

Client management

  • Integrated system manages recreational clients
  • B2B & B2C eCommerce
  • Customer Relationship Management with support for social listening
CannaBusiness ERP - Supply Chain icon

Supply chain management

  • Manage the supply chain, including global warehousing and logistics
  • Materials Requirements Planning (MRP) for inventory
  • Forecast demand based on current sales and conduct future modeling
  • Integrate with leading Dispensary POS systems
CannaBusiness ERP - Recall icon

Quality control & recall management

  • Ensure quality controls are in place and monitored
  • Conduct real or mock product recalls in minutes
  • Automate Corrective and Preventative Action (CAPA)
  • Track actuals vs expected production (strain profile)

Helpful resources

Cannabis blogs

Need advice from a Cannabis expert?

NexTec helps Cannabis companies improve inventory management, reduce processing errors, achieve accurate forecasting, and increase profitability. We provide operations, distribution, accounting, business intelligence and customer relationship software that works the way your business does. Through manpower, mindshare and business expertise, NexTec delivers.

Get in touch today and discover how NexTec can help your CannaBusiness profit and grow.

Agriculture Customers Say

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“Ultimately, we chose NexTec because they were the only solution provider that spent the time getting to know and understand our business as well as our employees. They walked through the step-by-step process with each of our key stakeholders from sales, operations and marketing to configure our system around our individual business processes”

Janet O’Neal
Planning & Control Manager
Kellogg Garden Products

“NexTec developed an effective, yet relatively inexpensive solution for a complex problem. They proved they are flexible thinkers, not tied to the box.”

Dan Stojadinovic
IT Manager
Waddell Manufacturine

Agriculture Demo

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Take an interactive tour with Sage X3

The virtual Sage X3 demo is a self-guided product tour that you can take whenever and wherever you want. Sage X3 takes the complexity out of running your business. It simplifies every part of your operation, leaving you lean and ready for whatever comes next, wherever you are in the world.

  • Integrated ERP, CRM and BI (financial, sales, distribution, inventory, manufacturing, customer service and business intelligence)
  • Available in the Cloud or on-premise
  • Connect from PC, mobile phone or tablet
  • KPI dashboards that can be customized by industry
  • MS Office integration

Agriculture Benefits

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Top benefits of ERP | CRM | BI software
for agriculture

The top benefits of ERP, CRM and BI solutions for your agricultural company include:

Manage entire farm operation

Manage all aspects of growing operations, including land block, harvest details and attributes and pre-planning through post-harvest cleanup and reporting. Track crop estimates, monitor maturity dates, check historical records of crops grown on the land, and manage pricing from the same integrated platform.

Accurately manage SKUs

Perform harvesting, packing, and inventory activities at one time. Generate SKU counts directly in the field while crops are packaged, including those with variable-size packaging requirements. Automatically generate an accurate inventory list and manage it through delivery to grocery stores and other customers.

Increase quality control

Eliminate manual labor-intensive and complicated paper-based food safety measures and traceability. Automate data capture, monitoring, and reporting, to make product recall procedures more efficient. Improve overall productivity and reduce the risk of errors and noncompliance.

Streamline regulatory compliance

Institute sophisticated record keeping as the government introduces new requirements, such as the Produce Traceability Initiative. Integrate compliance with automated tools that include traceability back to field quality records and lot pack dates, and save hours in labor in the event of a product recall.

Adhere to export requirements

Comply with a host of quality requirements and certifications and keep detailed records for exporting goods and materials. Record up-to-the-minute activity in real-time with a great level of detail to easily generate compliance and auditing reports based on each country’s regulations.

Improve inventory processes

Automate functions such as expiration date tracking and block expired lots from accidentally shipping. Track inventory based on first-in-first-out and first-expiry-first-out, to optimize your inventory selection and shipping process.

Optimize planning and scheduling

Plan out the entire season and break down planning to each day, for each crop. Record stocks of inputs like seeds and fertilizer, schedule out human resources and machinery, record cultivation best practices and analyze results to repeat successes.

Traceability

By | Agriculture, Chemicals, Food and Beverage, Inventory control, Manufacturing, Medical Device, Pharmaceutical / Nutraceutical, Process Manufacturing, Traceability | No Comments