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Pharmaceutical
Company
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This
company is engaged in manufacturing and distributing
branded and generic pharmaceutical products. The demand
profile for their products is characterized by extreme
volatility caused by the drug wholesalers.
We were asked to perform a demand planning process
audit to review their process versus industry best
practices. We reviewed the entire process from customer
input generation, to statistical modeling to intelligence
generation to metrics.
Demand Planning, LLC studied their demand planning
tool and implementation to highlight that the models
were not being correctly generated and used by the
demand planners
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- We observed that the customer level forecasting
process was too complex. We outlined a series of
recommendations to simplify and rationalize this
process.
- We help them fine-tune the customer collaboration
initiatives with wholesalers and help incorporate
customer information into the demand plan
- Our simplifications resulted in almost 90% savings
in processing time and close to 50% savings in planner
time in reviewing and re-running the customer forecast
models.
- We also recommended accountability changes with
regard to new product forecasting process.
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Please send submissions or questions
directly by email to .
Our Contact information:
Demand Planning, LLC.
10G Roessler Road Suite 508
Woburn, MA 01801
Phone:
(617) 297-2385
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