Healthifying Pharma Supply Chains Into an AI-Driven Future
Are You Facing these Same Challenges?
Inventory imbalances causing simultaneous surpluses and shortages
Fragmented supply network visibility leading to poor resilience
Increasing unpredictability in demand planning driven by complex revenue models
Navigating disparate IT systems that hinder efficient data integration
Poor OTIF levels and increasing order backlogs
Geopolitical risks from concentrated supply chains
How AIO Platform can Accelerate Transformation & Build a Resilient Supply Chain?
Slow, disconnected planning hampers quick adaptation to new trends and customer needs. The AIO Platform transforms this by enabling rapid, coordinated responses across sales, supply chain, and finance, enhancing decision-making speed and supply chain resilience in a dynamic business environment.
Achieve High OTIF Compliance with Synchronous Decision Intelligence (IOF)
- Enhanced AI-based Demand Forecasting: Harness AI-driven analytics to accurately forecast highly volatile demand scenarios, restoring predictive capabilities disrupted by the pandemic.
- Hybrid Inventory Strategies: Adapt to demand volatility, shift from make-to-stock to make-to-order, and achieve full visibility of demand and supply to prevent shortages and overstocks.
- Dynamic Production Adjustment: Adapt production processes quickly to meet volatile supply and demand, maximizing current capacity and ensuring timely delivery of essential medications.
- Comprehensive Supplier Collaboration: Strengthen partnerships across the supply chain to enhance visibility and reliability, vital for managing increased production and supply chain costs effectively.
React Faster to Supply Chain Disruptions with AIO Platform
- Reacting Faster with AIO Supply Chain Intelligence: Predict bullwhip effects, update plans based on disruptions, and use CP for real-time changes and backup plans to mitigate supply disruptions.
- Cost Efficiency: Utilize the AIO Platform to recommend cost-effective fulfillment strategies, optimize your supply chain, promote sustainable practices, and reduce overhead costs while meeting SLAs.
- Real-Time Operational Insights: Connect all functional areas with near-instant data, enhancing response capabilities responding quickly to disruptions.
Reduce Working Capital and Inventory Wastage with MEIO Solution
- Sophisticated Inventory Strategy: Implement advanced MEIO models of the AIO Platform to optimize inventory levels across all supply chain echelons, ensuring the right product quantities at the right locations.
- Dynamic Inventory Adjustment: Adjust inventory dynamically across multiple network levels, reducing excess stock and minimizing obsolescence risk, thus cutting down on wastage and associated costs.
- Plug-n-Play Inventory Reduction Kit: New customers can start using it in just a couple of weeks, with full customization options available later for even greater benefits.
- Capital and Cost Efficiency: By fine-tuning inventory investments with precise, echelon-specific data, The AIO Platform's MEIO models help reduce working capital requirements while enhancing service levels and financial performance.
Predict Demand Volatility with Precision
- Advanced AI-powered ML Forecasting Engine: Use AIO Platform's latest Machine learning capabilities to accurately forecast volatile demand patterns, including slow-moving SKUs, enabling precise planning, adaptation, and inventory reduction.
- Faster Time to Action: Generate accurate demand forecasts in less than a month, thanks to AIO Platform's pre-confirgured AI-ML capabilities.
- Integrated Inventory Planning: Adjust inventory stock profiles based on predictions of volatile demand, seamlessly integrated with inventory planning.
- Best-Fit Forecasting: Recommend optimal forecasts for various demand scenarios.
- Inventory Planning Accuracy: Enhance inventory management with predictions that adjust to changing demand, ensuring optimal stock levels at all times.
Advance Your Sustainability Initiatives in Pharma
- Comprehensive Carbon Footprint Dashboards: Track and visualize carbon emissions with precision, ensuring alignment with sustainability objectives.
- Case-Specific Emission Reductions: Implement tailored strategies to lower emissions effectively.
- Future Emission Scenario Simulation: Plan and simulate sustainable operations for long-term impact.
- Science-Based Target Recommendations: Receive actionable insights aligned with the SBTi for meaningful decarbonization.
- Regulatory-Aligned GHG Reduction Monitoring: Track progress and ensure compliance with environmental regulations.
Meet Your Business-critical Supply Chain Goals
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One of the Oldest Pharmaceutical Manufacturers in Europe Enhances Its Sales & Operations Planning Processes with the AIO Platform
This prominent pharmaceutical manufacturer has a global footprint in over 60 countries worldwide. Following the integration of multiple business units into a cohesive entity, the company encountered various challenges within its supply chain management environment, specifically in Sales & Operations Planning, Supply Planning and Demand Planning. With the AIO Platform, the globally renowned company was able to enhance its supply chain visibility and S&OP processes, thereby improving its demand and supply alignment.
Challenges
- Missing end-to-end supply chain visibility
- Heterogenous information flow across business units
- High levels of dead stock leading to high scrapping costs
- Disrupted production schedule due to unplanned downtimes
- Erratic delivery reliability leading to lowered service levels
Solution
- Supply chain alignment with strategic business goals by deriving a supply chain target system using SCOR framework
- In-depth analysis on current processes & tools to gain insights on improvement areas
- Effective supply chain segmentation strategy to optimize planning processes
- Data-driven recommendations to define, measure and track KPIs
- Comprehensive dashboards for end-to-end visibility and decision-making support