SAP talks about us! Ichnos Sciences is a fully integrated biotechnology company headquartered in New York City with an Innovation Hub and Manufacturing operations in Switzerland.

Focused in research and innovative, transformative solutions on the frontiers of oncology and autoimmune diseases, Ichnos Sciences seek to treat patients holistically, by targeting diseases and their consequences on the human body on multiple levels.

The Need

Spin off from Parent Company for more independence.
Implement a compliant ERP to prepare for IPO Readiness.
Integration with SuccessFactors for HRIS Solution
No Systems Integration across the company.
Difficulty in providing Key Metrics to the Management.
Departments were Siloed, not sharing information across the organization.
Purchasing and Inventory Management issues.
Risk of Disruption of Critical Raw Materials.
Increased Working Capital and Inventory Loss due to overstock of short expiry products.

Benefits

Finance & Accounting

Automatic Scanning of Vendor Invoices
Automation of Vendor Payments
Automation of Accounts Reconciliation
Management Reporting introducing better Analytics
Financial Reporting in IFRS and USGAAP

Supply Chain

Improved entry of Raw Materials in the warehouse
Better tracking of Expiry Dates by Lots
Introduced a 3 way Purchase Order Matching for Purchasing
Enabled to better identify Critical Materials and Vendors

Testing & Validation

Audited for
Good Manufacturing Practices.
Fully Compliant with applicable FDA and International Regulations and Guidelines.

Phase 2 Implementation

Serialisation

Individual Raw Materials
Traceability by Unit and Lot.

Quality

Controls along the Procurement and Supply process.
Introduction of a Raw Materials Life Cycle
Reflect the Raw Material phases of the project, from Discovery to Manufacturing.

Why SAP Business ByDesign?

Implementation of Best Practices mostly out-of-the-box.
Global ERP, while meeting local requirements (VAT, Statutory).
Cloud Platform.
Enhanced Collaboration with Interactive Documents management, Project Management and team collaboration.
Phased implementation & Scalable to grow with our business.
Integration with 3^rd Party solutions for QMS, LIMS, Traceability, Validation and much more.

Ichnos chose LifeScience Services as Project Managers to support the successful implementation of SAP Business ByDesign, a No Code Scalable ERP with a phased implementation approach.