CASE STUDY

Leveraging Supply Chain Analytics to Improve Risk Management for a Pharmaceutical Industry Client

Oct 10, 2017

In the current global scenario, pharmaceutical industry clients give prime importance to the protection of patient information systems through effective risk management and leveraging the use of supply chain analysis based methodologies. Every process and every product is associated with risks. Thus, it is important to design and implement a robust system that will help every pharmaceutical industry player. This can be made possible through the efficient use of supply chain analysis based results.

Pharmaceutical and life sciences (PLS) companies are under tremendous pressure to improve their operational efficiency and supply chain network. To efficiently serve the demands of the customers, organizations are now opting for supply chain analysis. Hence, pharmaceutical industry based firms are now approaching companies like Quantzig to develop and implement a strategic approach, which would help them to design a better and improved risk management system.

The Business Challenge

A pharmaceutical industry client with branches spread across the globe wanted to improve their current market value by devising effective risk management strategies. The client wanted to design a system based on supply chain analysis to overcome the issues at hand. In addition, the pharmaceutical industry client wanted to improve their global presence and obtain a steady economic growth pattern.

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Supply Chain Analytics Solution Benefits for the Pharmaceutical Industry:

Quantzig’s team of experts helped the client increase overall performance by improving efficiency and effectiveness using the outcome of their supply chain analysis based research. The main aim was to help the pharmaceutical industry client come up with a new approach to effective risk management. Furthermore, Quantzig’s supply chain analysis helped the pharmaceutical industry client overcome the current industry challenges. The solutions provided by our experts helped the client evolve rapidly around the three main areas- effectiveness, enablement, and earnings; thereby, improving their global presence.

Supply Chain Analytics Predictive Insights:

  • Rapid globalization with insights on various types of world-class suppliers
  • Consistent data movement up and down the supply chain network
  • Advanced analytic capabilities enable pharmaceutical industries to remain competitive for the future
  • Leverage advanced analytical methods to monitor the process conditions and prevent potential failures
  • Precise evaluation of target variations
  • Improved visibility through a proactive and systematic approach
  • The multi-variate analysis helps understand process drives
  • Help reduce the number of threats and minimize their impact

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