Pharmaceutical companies and medical equipment manufacturers operate in a complex business environment. Increased international competition, shorter market cycles, greater customer and patient expectations, ending patents and regulations with regard to product introductions and pricing are some factors creating unprecedented demands on the life sciences industry.
Manufacturers produce for worldwide markets that require significant brand variations. Product demand can easily range from high-value SKUs with low-volume forecasts to low-value products with high volumes. Streamlining new product introductions and quickly adapting to swings in demand is needed. Aligning product portfolios and inventory requirements can be difficult.
With production spread across global locations, production plans must reconcile global manufacturing constraints and stringent quality control. Strict lot control is essential for managing and tracking critical expiration dates. Environmental and safety agencies have regulations that vary from country to country. Accurate planning and efficient supply chain management is needed to be profitable.
Set against the complexities of fluctuating demand patterns, plant availability, capacity shifts, transportation constraints, regulations and many more, the planning task is enormous and exposed to risks such as high stock levels of raw materials and finished goods and inability to adjust plans efficiently in response to changes in demand and supply.
ICRON Technologies provides an integrated platform consisting out of a set of intelligent tools and mathematical models that support the planning and scheduling function. The ICRON solution is fast, proven robust and compatible with any kind of ERP system.
ICRON gives decision makers increased control and visibility across the entire supply chain for an overview of the entire supply network so that areas of potential improvement can be identified and realized. ICRON’s platform gives companies in the Life Sciences/Pharmaceutical industry many other benefits such as: