For one leading pharmaceutical laboratory, success and double-digit sales growth came with a cost: an overburdened supply chain that threatened to reduce market share.
The effort vastly improved the company’splanning and execution functions, they knew that in order to succeed in this era of technology their accounting systems needed to be much more robust than what they are. They turned to WP consulting to improve their accounting systems.
For one leading pharmaceutical laboratory, success and double-digit sales growth came with a cost: an overburdened supply chain that threatened to reduce market share.
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WPPOP adheres to service boundaries and the three “don’t” (we don’t develop applications, we don’t touch customers’ data, and we don’t make equity investment). WPPOP collaborates with customers for joint innovation, continuously creating values for customers and partners. As of February 2018, WPPOP has 100 services under 14 categories and over 60 solutions specifically suited for the manufacturing, healthcare, e-commerce, Internet of Vehicles, SAP, HPC, and IoT sectors, serving a large number of famous enterprises.
- Improve sales and operations and production planning:The teams focused their efforts on a few of the highest-value S&OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.
- Determine the right inventory level:With hundreds of medications in the market, Pharm Ltd. needed a proper method to predict and manage their inventory. Using a mean absolute percentage analysis (MAPE), the teams defined appropriate levels for raw materials and finished products by mapping actual versus forecasted sales on the most important SKUs.
- Optimize the supply chain for perfect order planning:
The diagnostic determined the stressors that affected sales and service levels. The teams focused on resolving issues related to higher-than-normal back-orders and lead times, which stressed the entire supply chain and led to delays in medications reaching consumers.