- June 20, 2017
- Posted by: Rodney Prescott
- Category: Science and Technology
Pharmaceutical Companies are one of the most lucrative industries in the medicinal field. They are the ones that handle medicine, they are the ones that produce, handle and develop pharmaceutical drugs used in our everyday lives, especially to those who are sick. This industry comes with a lot of stored data and documents that they need in order to be effective. Information that is vital to the success of the development and production of drugs. This is why Information Technology is used in order to facilitate the information management of pharmaceutical companies. This means that storing, collection, retrieval, and manipulation of data should be managed. These pharmaceutical industries require efficient management information systems (MIS) to support their functions and be effective in the production and development of these pharmaceutical drugs and other pharmaceutical products.
This management information system (MIS) helps analyze and combine large portions of data from a pharmaceutical database operation used for developing, production, planning cause of action, estimating supply and demand, monitoring and evaluating the management of the pharmaceutical company and most importantly, allocating resources throughout the pharmaceutical factories into their proper function. The information can be used to form new it is the key tool to staff or employees in pharmaceutical companies in every level monitor and regulate the performances of the employees and oversee the performance of the unit they are assigned in. Apart from keeping staff in the loop of the new information, which is important for decision making, information management is also important in the primary function of pharmaceutical companies, which is handling the production of pharmaceutical drugs.
Recent Events of Concern for Information Security
News recently has amassed about the concern for security with information systems. Mustard IT, a London IT support company, focuses primarily on the security of customer data, as this is the primary concern, especially with intellectual property. Other services may focuses solely on the functionality and usability of the system, but this leaves out a large gap in the potential for security leaks and vulnerabilities.
Additionally, there has been a problem posed that the lack of access to this vital information which would lead to inefficiency in the operation of these pharmaceutical companies. Just one wrong move can put a patient’s life in danger, this is why it is imperative that a proper systems support for pharmaceutical companies should be implemented.
Efficiency and Effectiveness
The efficiency and effectiveness of a management information system (MIS) are composed of communication dynamics and archive system or how past data is stored, the organizational methods, performance assessment, records management and human relations. This component helps most pharmaceutical companies have the necessary information to make sound decisions in the pharmaceutical management. An effective information system support would mean high-performing pharmaceutical industries that produce their intended outputs in the production of these pharmaceutical drugs and other medicinal products.
Patient and Testing Data
Information system support also helps in monitoring patient’s reaction to drugs, their resistance, and availability of the medicine, laboratory ready supplies, product registration, product quality and the financial management of these products in terms of the supply to hospitals and patients. This means that from testing to production, information system support is needed to make sure that everything is safe, efficient and non-hazardous to the customers.
IT support and consulting helps the management make informed decision making which is important for managing the pharmaceutical business and the staff engagements to the business make decisions representing the pharmaceutical industry and these decisions are influenced by the kind of information that they have. In order to be an effective and efficient, monitoring of the information that comes and goes the pharmaceutical company should be top of the priority to assure safety in their operations.