EIPICO in cooperation with the Alliance of Greenmea & E L Square enter the era of digital transformation in pharmaceutical production " EIPICO pharma 4.0 project "
June 16th, 2022
Dr. Ahmed Kelani, Chairman and Managing Director of EIPICO Pharmaceutical Company - the largest company of ACDIMA - signed a cooperation agreement with the Greenmea & E L Square, the Deputy, Major General Omar Qinawy, the former deputy head of the General Intelligence, the CEO of the alliance signed the agreement in the presence of Dr. Olfat Ghorab, chairman of ACDIMA , Dr. Khaled Youssef, the project consultant and one of the Egyptian government’s experts in industrial revolutions for Egypt’s vision 2030 & Executive Chairman of E L Square , Also the executives managers of both sides attended the contract signing EIPICO aims with this agreement to apply the technologies of the Fourth Industrial Revolution and the required phases for a comprehensive digital transformation of the elements of production lines, supply chains and warehouses through the use of the global technical expertise in this field by the E L Square and Greenmea alliance. The EIPICO Pharma 4.0 project reflects EPICO’s pioneering role in developing the pharmaceutical industry in Egypt with the state’s directions in localization the pharmaceutical industry in Egypt through the application of the most advanced global technological methods, with investments of 20 million EGP , achieving an annual return of 30 million EGP pounds at least, after implementation.
EIPICO is the first Egyptian pharmaceutical company to penetrate this field in Egypt and the Middle East, through this promising project for the digital transformation of about 43 production lines in the company, using the latest technologies of artificial intelligence, robots and Internet Of Things I OT technology to digitize the all production process, taking measurements and recording readings automatically and instantaneously with automatic control of the machines, an integrated analysis of all the elements of the production process, and even forecasting malfunctions in production lines or facilities, alerting to take the necessary actions to avoid their occurrence in advance, prevents the occurrence of any human error at any step of production, reduces costs and maximizes the optimal use of raw materials, equipment, production lines, and energy used, and linking it with the company’s ERP system to achieve homogeneity between all departments, to maximize the benefit of the project , improve and develop the decision-making mechanism, And it achieves many strategic benefits represented in the full application of the principles of governance and the use of technology to achieve the highest levels of transparency in line with the sustainable development goals that revolve around the company achieving its economic goals, taking into account the social and environmental dimension operating without compromising the opportunity of future generations to achieve their goals and keep domains for them. Also, this system helps to spread reaching a larger segment of new customers and maintain existing ones through follow-up and development of services provided to them, analysis of business results, reducing costs and preserving the environment by reducing reliance on paper documents (paperless management) .. It is worth to mention that the company during the previous three years achieved tangible achievements in this field, and the company has made a radical change and development in the entire information infrastructure of the company.
EIPICO is also one of the leading companies that have implemented the highest levels of drug tracking system. Level 4 Track, Trace & Aggregation, in compliance with the latest global and local requirements, linking with the networks of European countries Tracelink & EMVO, as well as with the networks of the Arab Gulf states and the Saudi Food and Drug Authority, which helps preventing product fraud, and facilitates the tracking of preparations in the markets at a cost of about 60 million pounds In parallel with passing the tests of the Egyptian Ministry of Health to verify the efficiency of the management of this system and its compatibility with the Ministry's systems. EIPICO has also contracted with the international company SAP and ECC to implement the latest company resource systems according to the latest SAP system that is compatible with the standards of pharmaceutical production and marketing companies. EIPICO is also one of the leading companies in the digital transformation financially and administratively, as it is one of the first major companies that comply with the state in issuing electronic invoices, import procedures, customs clearance, tax and insurance transactions digitally.