According to a recent study, the global Life Science market hit nearly $50 billion in 2019. It is targeted to approach $100 billion by 2027. That adds up to a compelling Compound Annual Growth Rate (CAGR) of 8.5% from 2020 through 2027. However, all CAGR really focuses on is sales. Changing regulatory requirements, technological advancements, and even societal behavioral norms makes the Life Science QMS lift pretty significant.

The question is, how does a traditional QMS fail in covering the ever changing landscape of our Life Science world?

Now is the time to embrace technology. It’s time to ditch paper processes as well as legacy QMS systems that no longer suit the business needs of today. Tech innovations will streamline your processes, enhance efficiency, and help you meet your growing need for compliance adherence. It does all this without getting tangled in a web of complex, expensive and lengthy deployments. Here are five ways traditional models just don’t compare to modern options.

1) Isolated quality control

A dedicated team assessing quality might seem like a solid way to get unbiased assessments. However, a dedicated team can have trouble keeping up with rapidly changing technology. You can reach short and long term goals much easier if your entire team collaborates. This maximizes not only quality, but also operational efficiencies and regulatory compliance. Traditional QMS waits to assess. Modern QMS continually assesses. In fact it integrates the quality management process throughout the life cycle of everything you do. This allows different perspectives and experiences to be integrated into the quality of your system, therefore producing far superior results.

2) Restricted document control

Paper-based processes—Excel and Word—have been the standard for decades and are an embedded part of the processes for many organizations. These processes are familiar and comfortable for many Life Science manufacturers. At the same time they are more labor intensive,time consuming, and prone to human error. They also require people to be in a physical location to manage and review processes. And, in today’s changing world – especially due to COVID-19 – , where remote working is becoming the norm, having a paper based system that requires team members to be in a specific physical location is not sustainable or cost effective. In addition, paper-based processes are managed separately from the other quality processes in the organization, further perpetuating a siloed organization.