"By working with Management Dynamics, we were able to reduce supply
and demand variability and identify optimal target inventory levels, achieving a
$55 million reduction in inventory.."
The Pharmaceutical and Life Science industry is going through
a period of heavy restructuring and consolidation as the costs to deliver new
products to the market have skyrocketed and mandate more scale to manage a
diverse research portfolio and achieve even greater efficiencies in
manufacturing and distribution.
Challenge
Companies in Life Sciences need to streamline global operations to effectively
fund more research and product trials to serve an increasingly segmented market
for drugs and medical devices.
Solution
Management Dynamics provides a complete suite of GTM solutions designed to
manage complex global supply networks including:
Multi-mode Supply Chain Visibility to connect all trading partners and
establish a foundation of process control across all manufacturing and
distribution locations
Trade Compliance solutions that automate the documentation process and manage
global clearance to ensure that you are always in compliance with ever-changing
governmental regulations
Transportation Management solutions to manage international seafreight and
airfreight to optimize carrier selection and contain landed cost variances due
to the rise in logistics costs
Performance Management tools to
support Six Sigma initiatives with a comprehensive source of supply chain data and advanced analytical tools and scorecards
