QAD Inc. (NASDAQ:QADA) (NASDAQ:QADB) announced today it has seen increased deployments among Medical Technology ( Medtech) manufacturers for QAD On Demand Life Sciences Edition, the cloud enterprise resource planning (ERP) solution. QAD On Demand is full-strength cloud ERP that makes it easier for Medtech to meet globalization challenges and allocate capital for business initiatives and product innovation.
“Globalization has transformed demand for medical technology, accelerated production processes and given rise to new economies,” said Dave Medina, vice president of Life Sciences at QAD. “To meet today’s globalization challenges and opportunities, Medtech manufacturers are moving to the QAD global cloud ERP to benefit from its simplicity, reliability, global capabilities and predictable cost structure.”
QAD Cloud ERP Lets Medtech Focus on their Business and Product Innovation
QAD On Demand Life Sciences Edition offers the full suite of ERP capabilities and specific life sciences services to help QAD customers meet regulatory compliance. QAD cloud ERP allows Medtech manufacturers to focus on their business initiatives and product innovation – not their ERP software. The QAD cloud ERP model enables customers to eliminate capital expenditures associated with premise-based ERP software, hardware, system maintenance and support. QAD On Demand offers a robust and highly available solution. It is particularly scalable – and allows companies to standardize their ERP as they acquire new divisions, divest or pursue opportunities to rapidly scale operations in growth markets. QAD global capabilities with built-in support for local languages, currencies, business practices and legal requirements, enable Medtech manufacturers to efficiently align their global operations to strategic goals and perform at their best.QAD Fully Qualified Cloud ERP – Built For Medical Technology Manufacturers With QAD’s fully qualified IT environment and validation support tools, Medtech manufacturers can reduce the costs and effort of complying with regulatory requirements for software validation. QAD Life Science On Demand offers all the robust capabilities of QAD On Demand, but provides the necessary standard operating procedures (SOPs) required to meet requirements of the Food and Drug Administration (FDA), current Good Manufacturing Practices (cGMP) and 21 CFR Part 11. Enhanced quality control capabilities in the QAD solution enhance product integrity across the global supply network -- from sourcing raw materials to distributing finished products -- with backward and forward traceability. This is particularly important for achieving regulatory requirements such as the emerging requirements for Unique Device Identification (UDI) compliance.