Lodestone Management Consultants

Lodestone Management Consultants

  • 2425 Matheson Blvd E
  • Mississauga, Ontario
  • L4W 5K4

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Lodestone Management Consultants' Clinical Trials Supply Management (CTSM) Solution Achieves SAP Certification as "Powered by SAP NetWeaver ®" SAP-certified ABAP™ Add-on Helps Pharmaceutical Companies Improve Performance and Lower Costs in the R&D Supply Chain; Lodestone Joins SAP ® PartnerEdge™ as SAP Software Solution Partner Zurich "“ October 21, 2010 Lodestone Management Consultants today announced the new software release 1.0 of its Clinical Trials Supply Management (CTSM) Add-On Suite ®. The solution has achieved SAP certification as powered by the SAP NetWeaver ® technology platform, providing more transparency and a reduction of overages in the complex and time-consuming clinical development process of which the clinical supply chain is a key component. The SAP Integration and Certification Center (SAP ICC) has certified that Clinical Trials Supply Management 1.0 has achieved SAP certification as "Powered by SAP NetWeaver" as an ABAP™ Add-on 7.0 for the SAP Supply Chain Management (SAP SCM) application for integration with the SAP ERP 6.0 application. Pharmaceutical, medical device and biotech industries (e.g., life sciences) must reduce their research and development (R&D) costs and time-to-market requirements to remain competitive in an increasingly complex environment. Lodestone has developed significant experience and expertise in CTSM from strategy definition to solution implementation. With CTSM Add-On Suite 1.0, Lodestone provides the new software release integrated with SAP NetWeaver. It has been significantly enhanced in the following two areas: "¢ Clinical demand planning, in order to increase clinical forecast accuracy "¢ Packaging and distribution execution, in order to configure the many process variants that are required for the handling of investigational medical products in clinical trials "Through the integration of Lodestone CTSM Add-On Suite and SAP NetWeaver, our customers can achieve a "˜win-win-win' through the use of the following: the best-in-class CTSM solution together with the technology platform from SAP and low total cost of ownership." said JГ¼rgen Bauer, partner and Global Life Sciences Leader, Lodestone Management Consultants. In addition, Lodestone, with a proven track record with many clients in life sciences industry, has joined the SAP ® PartnerEdge™ program as an SAP software solution partner. Through the program, Lodestone will now work closely with SAP to develop and certify the technical integration of its solutions with SAP software. Integrated partner applications, such as CTSM Add-On Suite for the life sciences industry, extend, complement and add value to SAP solutions, thereby helping mutual clients more successfully meet their business needs and drive strong results. Lodestone is also a member of SAP EcoHub, a community-enabled online marketplace that makes it easy for customers to discover, evaluate and purchase solutions that complement their SAP 21 October 2010 Confidential Lodestone PM - CTSM Solution E 093010_SAP-aprvd 2/2 applications, including CTSM Add-On Suite.

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