Putting Applied Pressure on Inventory Management and Customer Service

We know what you are facing

Biopharmaceutical, chemical pharmaceutical and medical device manufacturers are seeing tremendous opportunities for growth around the world. Many of them are expanding aggressively into these markets with new global and outsourcing strategies.

As a result however, supply chains are feeling the strain. This massive expansion is creating new headaches for ground-level supply chain personnel executing on these strategies:

Demanding regulatory requirements
- They have varying governmental regulations to adhere to across the global supply chain
- They live in a highly regulated environment that requires extensive data collection and information exchange to ensure a chain of custody
- They must monitor various controls for the management of expiry for safety, error prevention, reassignment, and safe disposal
Complex demand patterns
- They have to deal simultaneously with the predictable patterns of mid-life cycle products and the highly unpredictable patterns of new products
- They have to simultaneously manage low-volume, high-mix products that require quick response for clinical trials and high-volume products that require globally ramped production and delivery capabilities.

Today's Challenges in Life Sciences Manufacturing

We Can Help You Find the Cure

As supply chain and business complexity continue to increase at a dizzying pace, inventory management challenges grow exponentially.

What if you could?

Reduce costs tied up in inventory, while still meeting high service-level expectations
Make more confident inventory positioning decisions: why, where, when and how much
Manage the inherent uncertainties in supply and demand as a result of numerous product/market combinations, regulatory restrictions, and safety concerns
Navigate complexity caused by a large global supply chain with numerous product supply chains in different markets

Integrate Demand and Supply Chain Planning, Monitoring and Response

Demand and supply organizations must be integrated if they are to successfully manage inventory in today's complicated manufacturing environment. Creating optimized plans based on a set of assumptions and then passing them off to other teams for execution simply no longer works. These organizations must work together if they want to successfully provide a high level of service while minimizing excess stock.

Emerging supply chains require more collaboration and less control, more coordination and less optimization.

To achieve this, manufacturers need an S&OP solution that integrates sales, supply, and financial data in a single data model, thus enabling collaborative planning, monitoring and response. Kinaxis RapidResponse was built to help manufacturers manage increasing business complexity and achieve operations performance breakthroughs, such as dramatic inventory reductions.

The Remedy for Your S&OP and Supply Chain Pain

Life sciences manufacturers for biopharmaceuticals, chemical pharmaceuticals, and medical devices face extreme pressure to meet customer demand—undoubtedly, there could be some pretty severe consequences otherwise.

Traditionally, that's meant extreme over-buffering on inventory levels. But that's no longer sustainable. The supply chain is too complex, change is too frequent, costs are too high.

Life sciences manufacturers—pharmaceutical manufacturers in particular—rely on Kinaxis™ RapidResponse® to turn their supply chain management pains into gains. We help customers solve many of their most urgent S&OP and supply chain challenges, such as:

Inability to respond to changes in supply and demand, which causes supply disruptions to customers
Difficulties in managing NPI and product transitions, which causes risk of product expiry or revenue loss
Slow S&OP cycles that can't keep up with real-time events
Inadequate representation of capacity that produces unrealistic delivery plans
Lack of adequate expiry analytics that forces manual processes
Difficulties segmenting the supply chain (along lines of customer segments, product lifecycles, manufacturing process)
Challenged to understand true costs and the ability to make decisions with full understanding of cost implications

For years we've been helping high tech companies with may of the same challenges and we bring that deep expertise to life sciences.