Life Sciences 4.0
Challenges of the Life Sciences Industry
The life sciences industry is complex and constantly subject to new logistical constraints. Increasing lead times of raw materials, active ingredients scarcity, and sudden changes in demand put your supply chain under a lot of pressure while stock-outs are not an option. Proper demand planning is required to produce the right products in the right quantity and avoid spoilage. Moreover, you have to ship the optimized amount of products to the appropriate distribution center to control your transportation costs and delivery time.
Does your current demand planning process allow you to meet your customers’ needs?
SKU Science offers a solid alternative to Excel and other demand forecasting software, often complex to use and maintain. Our solution brings much more than just forecasts. See below how we can support your S&OP process.
Improve your demand planning process
Supported by the publication of several books, SKU Science offers a simple and effective
method to improve your demand planning process. While many vendors only talk about AI algorithms,
our solution supports a well-defined demand forecasting framework to ease your S&OP process.
Like our other clients in the life sciences industry, you will easily apply the best practices in demand forecasting.
The platform generates a
baseline forecast using
specialized algorithms
implemented by our data
science experts.
Your teams can enrish baseline forecasts with information collected from the field.
Thanks to lead time-related
KPIs, your forecasts are
automatically sorted and
organized to focus on
business-critical products.
Optimize your forecasts for what matters
Supply
Improve your forecasts
according to lead times of
active ingredients and other
supplies.
Production
Optimize your forecasts
according to production
lead times.
Distribution
Analyze your forecasts in
relation with your distribution
centers lead times.
