Industry Standards for the Life Sciences Industry
Industry standards are the foundation for process interoperability between SAP and non-SAP applications and platforms. Industry standards define a common language, which is required to cost-effectively enable process integration between systems, both inside an organization and across the value chain. Standards are the key to enabling process flexibility by providing concrete rules for integration that have been developed by representatives of the life sciences community. SAP has worked with numerous industry standards organizations to enable more efficient processes.
There are several organizations that publish standards that SAP customers in the life sciences industry have found to be most useful in enabling processes between applications as well as the systems of their partners. The standards produced by these organizations are frequently leveraged in SAP solutions packages. Additionally, several regulatory requirements are identified to which many life sciences companies must comply in order to satisfy legal requirements.
Industry standards for life sciences are separate from, yet closely related to, industry standards for the healthcare industry. For a more complete description of these standards see Industry Standards for the Healthcare Industry.
These are the key business process and manufacturing standards in the life sciences industry that will help customers to add value to the services they offer their customers as well as improve their supply chain efficiency with suppliers.
Life sciences organizations need to address a broad range of industry-specific regulatory issues in addition to standard corporate governance, risk, and compliance demands. Regulatory compliance is a core part of life science industry, ensuring a competitive supply chain, promoting customer confidence and enabling profitable growth.
More on Standards and Interoperability
SAP is the leading enterprise software solution for accounting, financial reporting, performance management and corporate governance. SAP solutions address a broad range of compliance and governance issues, including Sarbanes-Oxley, IFRS, Basel II, Global Trade Compliance and Environmental Health and Safety.
Standards and Service-Oriented Architecture (SOA)
SOA is a business-driven software architecture that increases adaptability, flexibility, openness, and cost-efficiency. With SOA, organizations can compose applications and enable business processes rapidly using enterprise services. With SOA, organizations can improve their reuse of software and become more agile in responding to change. Standards are critical to SOA as they enable SAP and non-SAP applications and services to interoperate, so that they work together as seamlessly as possible, without adding unnecessary cost and risk to the business