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Pharmaceutical Distribution
Provide pharmaceutical wholesale solutions that integrate procurement, supply, sales, and financial management, and solutions for consumer-oriented store terminal management, omnichannel management, marketing management, and GSP compliance management, to improve operational efficiency and strengthen digital control and traceability across the entire business chain for enterprises.
Key Challenges in the Pharmaceutical Distribution
Policy Changes and Intense Competition
The growing awareness of life and health among consumers, along with the influence of healthcare reform policies, has opened new avenues for exploration in the pharmaceutical industry. This has created new opportunities for domestic pharmaceutical enterprises while also posing challenges to their adaptability, service capacity, and innovation capabilities.
Mergers, acquisitions, restructuring, focus on leading players
Faced with external environmental pressures, leading distribution enterprises are moving towards large-scale mergers and acquisitions and expanding their national presence. To address challenges, several measures are being implemented, including group-based control, standardized development, business-finance integration, and the integration of internal systems within the group.
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Stricter regulations and diversified operations
Factors such as centralized volume-based drug procurement and medical insurance negotiations have greatly squeezed the profits of pharmaceutical enterprises. The era of high gross margins is over, forcing enterprises to focus more on controlling their own costs. Stricter regulation and compliance management (GSP) are essential for the survival of enterprises. Enterprises must focus on quality traceability throughout the entire process.
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Industry growth driven by new technologies and new business models
New technologies and business models are emerging one after another. Enterprises can consolidate their strengths and implement lean management to reduce costs and improve efficiency. In addition, the two-invoice system, centralized volume-based drug procurement policy, and the shift from traditional to new marketing models also drive the growth of the industry.
One-stop solutions for the Pharmaceutical Distribution Industry
These solutions are built on Kingdee’s next-generation cloud-native, low-code technology platform (PaaS) and designed with a three-layer management structure that supports frontend business touchpoints, a middle-end collaboration platform, and integrated business and financial control at the backend. They cover five major vertical business areas: Marketing, Sales and Service; Supply Chain Operations, Group Digital Management, Collaboration Platform, and Data System.
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Pharmaceutical distribution solutions from kingdee and our partners
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Digital Purchase
Provide digital purchase management solutions that comply with industry regulations, further optimize and automate purchase flows in pharmaceutical distribution enterprises, and improve purchase efficiency and compliance management.
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Digital Supply Chain
A value chain that connects the upstream and downstream resources of the industry chain, with your enterprise at the center; build an integrated, agile supply chain system that covers inventory and logistics.
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Digital Marketing
In response to the quickly changing market and policies, establish a system that enables quick adjustments and iterations across all channels.
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Digital Control
A system for group-wide financial control, organizational performance control, and risk control, centered around intelligent accounting, cost management, cash management, comprehensive budgeting, and human resources.
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Quality Control and Compliance
Establish a quality management system (GSP) that complies with national drug regulations, covering the entire wholesale and retail business chain.
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Big Data Analysis and Decision-Making
Leverage internal and external big data platforms to establish a business intelligence analysis platform and develop a big data-driven decision-making system.
We make the visons of our customers come into reality
The financial SSC model strongly supports Jointown Pharmaceutical Group’s transformation from accounting to management accounting. It is an innovative financial management model designed for pharmaceutical groups operating across multiple regions, sectors, and organizations. This model is worth wide adoption and further expansion.
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