Business
Life Science Logistics Selects TECSYS' Healthcare ASP Applications to Support its Aggressive Growth
Life Science Logistics Selects TECSYS' Healthcare ASP Applications to Support its Aggressive Growth.

About this update from Tecsys Inc.
[{"type":"text","content":"\n\n\n\n\nMONTREAL, Sept. 19 /CNW Telbec/ - TECSYS Inc. (TSX: TCS), an\nindustry-leading supply chain management software company, announced today\nthat Life Science Logistics (LSL), a 3rd party logistics provider of high\nquality, flexible and compliant supply chain solutions focused on the\nHealthcare industry, has selected TECSYS' EliteSeries to deliver its value\nproposition to its healthcare customers and support the Company's aggressive\ngrowth over the next few years.\nRecognizing the need in the market for a more nimble and focused approach\nto the healthcare supply chain, Life Science Logistics targets pharmaceutical\nand med-device manufacturing companies, providing an appealing alternative to\ntraditional distributors and large third-party logistics companies.\n\"LSL's deep expertise and nimble logistics operation are key ingredients\nin the success of 3rd party logistics providers, particularly in healthcare,\ncommented Peter Brereton President & Co-CEO of TECSYS. Our hosted applications\nare starting to build-up with more clients interested in the ability to\nexecute without the challenge of managing IT applications and resources.\"\nWith TECSYS' EliteSeries, the underlying IT infrastructure of Life\nScience Logistics is a fully redundant remotely hosted ERP application that\nincludes Order Management, Warehouse Management, Transportation Management and\nFinancial Management. The system supports the order to cash model and includes\n\"charge back\" and accounts receivables functionality which is critical in\ntoday's healthcare environment. The system is validated according to cGMP (The\nFDA's \"current Good Manufacturing Processes\") requirements and allows\ncustomers to place orders and view inventory in real-time online.\n\"Hosting the application by TECSYS was key to our strategy, commented\nRichard Beeny, Co-Founder and Principal of Life Science Logistics. TECSYS'\nexpertise in distribution and technology allows us to focus on what we do best\n- supply chain logistics solutions. The uniqueness of TECSYS' integrated\napplications freed us from the enormous challenge of having to deal with\nmultiple IT providers, a drawback that we have seen in most of our\ncompetitors.\"\nTECSYS' EliteSeries for healthcare effectively streamlines business\nprocesses that cut across the functional areas of business and consoli...