TECSYS Inc. an industry-leading supply chain management software company, announced today that Life Science Logistics, a 3rd party logistics provider of high quality, flexible and compliant supply chain solutions focused on the Healthcare industry, has selected TECSYS EliteSeries to deliver its value proposition to its healthcare customers and support the Companys aggressive growth over the next few years.
Recognizing the need in the market for a more nimble and focused approach to the healthcare supply chain, Life Science Logistics targets pharmaceutical and med-device manufacturing companies, providing an appealing alternative to traditional distributors and large third-party logistics companies.
LSLs deep expertise and nimble logistics operation are key ingredients in the success of 3rd party logistics providers, particularly in healthcare, commented Peter Brereton President & Co-CEO of TECSYS. Our hosted applications are starting to build-up with more clients interested in the ability to execute without the challenge of managing IT applications and resources.
With TECSYS EliteSeries, the underlying IT infrastructure of Life Science Logistics is a fully redundant remotely hosted ERP application that includes Order Management, Warehouse Management, Transportation Management and Financial Management. The system supports the order to cash model and includes charge back and accounts receivables functionality which is critical in todays healthcare environment. The system is validated according to cGMP (The FDAs current Good Manufacturing Processes) requirements and allows customers to place orders and view inventory in real-time online.
Hosting the application by TECSYS was key to our strategy, commented Richard Beeny, Co-Founder and Principal of Life Science Logistics. TECSYS expertise in distribution and technology allows us to focus on what we do best supply chain logistics solutions. The uniqueness of TECSYS integrated applications freed us from the enormous challenge of having to deal with multiple IT providers, a drawback that we have seen in most of our competitors.
TECSYS' EliteSeries for healthcare effectively streamlines business processes that cut across the functional areas of business and consolidates fragmented operations, often replacing multiple legacy systems. As a totally integrated solution suite - EliteSeries speeds up the flow of business activity across the enterprise, consolidates information, manages inventory, drives dramatic cost savings, and delivers superior customer service.
Life Science Logistics operates out of a 36,000 square foot facility in Louisville, Kentucky that offers the full range of temperature requirements including frozen (-30c), refrigerated (2c-8c), and controlled ambient (20c-25c.) The facility is fully redundant and cGMP compliant. The company can combine any number of its services with its cGMP compliant distribution capabilities to allow its clients total control over their supply chain with the greatest flexibility.
About Life Science Logistics
Founded in 2006, Life Science Logistics (LSL) provides a full range of standard and custom services scalable to the changing needs of its customers. LSLs management are seasoned experts in health care supply chain operations, as well as quality, regulatory, and transportation management fields.
Through its cGMP-compliant facility, LSL enables pharmaceutical, medical-device and biotech clients to outsource the warehousing and distribution of frozen, refrigerated, and ambient products as needed to meet their business objectives