Aspire Pharmaceuticals, headquartered in Somerset, New Jersey is a global leader in soft gelatin manufacturing. The company’s stringent procurement operations, backed with rigorous analytics and testing infrastructure, provide custom solutions for the company’s clients from concept to delivery. Aspire offers custom softgels in any size, shape and color. From one-ingredient oils to complex multi-ingredient fills, every step of the capsule manufacturing process has up-to-date standard operating procedure guides and adheres to the Good Manufacturing Practices (GMP) put forth by the US Food and Drug Administration
Prior to implementing an ERP system, Aspire Vice President Bhargav Bhatt’s first priority was to establish engineering, manufacturing and batch control processes within their company to provide a foundation for ERP selection. Once that was implemented, Bhatt and the Aspire team worked with Edgeware and determined that SYSPRO ERP Software met their requirements for Lot Control, Traceability and Batch Processing. SYSPRO fit the requirement to help Aspire process data to meet the Goods Manufacturing Practice (GMP) guidelines recommended by the FDA. SYSPRO ERP was also selected to help Aspire Pharmaceuticals improve visibility into the supply chain, eliminate inadequate profit margins and improve inventory accuracy.
The Edgeware Solution
After Edgeware consulted with Aspire and helped them to select SYSPRO ERP Software, the company was able to implement in four months. Edgeware managed the entire implementation, and enabled Aspire to utilize the full suite of SYSPRO modules from manufacturing to distribution to financials. In addition, Edgeware helped implement barcoding and established SYSPRO’s MRP, driven by sales demand.
Edgeware provided Aspire with a fully cloud-hosted SYSPRO solution. It is a Software as a Service environment in which Aspire’s SYSPRO ERP is managed, monitored and controlled for maximum up-time and efficiency.
Edgeware continues to support Aspire through the Edgeware support desk which is set up to answer questions, resolve problems and schedule product upgrades.
Before SYSPRO, Aspire had inaccurate KPIs in inventory accuracy, product margin and total expense. After implementing SYSPRO, one of their main areas of focus was to improve visibility into true product, manufacturing and operation costs. With SYSPRO, Aspire’s management team has full real-time visibility into each product margin at month-to-date and year-to-date. The system also gives them visibility to estimate what margins they can expect for the remainder of the year, allowing them to plan accordingly with more control of what products they should pursue or eliminate as they continue manufacturing. This clear visibility helped Aspire quickly achieve an inventory accuracy rate of 98%.
SYSPRO also had a significant impact on Aspire’s materials management by providing better visibility into pricing of all manufacturing materials, operating costs and current market trends. This helps them drill-down even more into true product margin. “With SYSPRO, we have visibility into materials at what price, what the market trend is and what should we do as we plan for the future,” said Bhatt. “All of this information is now at my fingertips, and I can better negotiate pricing with suppliers for the next year.”
Based on their initial analysis, Aspire has already saved $750,000 in 2017 alone in procurement spend, which provided the ROI into implementing SYSPRO. In addition, they are already seeing a 20% growth last year, and predicting 20% to 30% growth in 2018. Now that they are more than a year into the consolidated system, Aspire has been able to implement additional process change through continuous improvement, which SYSPRO applications have been able to identify. In addition, they will start to introduce a more formalized Quality process in 2018, as they implement Quality for SYSPRO as a “Phase 2” of their ERP implementation.
“One year after implementation, we have really moved forward. In fact, we are looking at 20% growth in nutritional business this year, and 30% expected for next year. This is happening because the foundation for our business is now set with SYSPRO [and Edgeware].”
About Edgeware and SYSPRO
Edgeware is a Gold level SYSPRO reseller and implementation partner. After 25 years of business in Atlanta, New Jersey and Florida, Edgeware has implemented some of SYSPRO’s largest sites and continues to offer unparalleled service to manufacturing and distribution companies.
What sets Edgeware apart is our ability to implement integrated technology solutions to achieve best of breed success. We integrate SYSPRO, Amazon Web Services, Salesforce, Avalara, barcoding, EDI, ecommerce and more. We are also the largest provider of SYSPRO cloud SaaS solutions.
Established in 1978, SYSPRO is an industry-built Enterprise Resource Planning (ERP) solution designed to simplify business complexity for manufacturers and distributors worldwide. SYSPRO provides an end-to-end business solution for optimized cost control, streamlined business processes, improved productivity, and real-time data analysis for comprehensive reporting and decision-making. SYSPRO is highly scalable and can be deployed either in the cloud, on-premise, or accessed via any mobile device.
What sets SYSPRO apart is an unwavering, sustained focus on the manufacturing and distribution sectors. Combined with a practical approach to technology and a passionate commitment to simplifying business processes, SYSPRO dedicates itself to the success of its partners and customers alike.
SYSPRO dedicates its resources to the advancement and improvement of the complex and changing needs of its customers. Recognized as a leader in customer service, SYSPRO has one of the highest customer retention rates in the industry.
SYSPRO’s intuitive product features, business intelligence capabilities, and easy deployment methodology are unmatched in the marketplace. The depth of software functionality and targeted industry knowledge makes SYSPRO an excellent t for a number of select manufacturing and distribution industries, including food and beverage, machinery and equipment, electronics, fabricated metals, automotive, and many more.
SYSPRO has more than 15,000 licensed companies in over 60 countries. For more information, visit www.syspro.com.
Edgeware is your partner for total ERP success. For more information, click below.