Overview
A global pharmaceutical company needed efficient ERP processes. Our solution targeted cost reduction, exception elimination, revenue identification, and working capital optimization to boost operational efficiency.
INDUSTRY
SERVICES/PLATFORMS
Data & AI, Supply Chain Analytics
Through innovative material flow mapping and Google-like search integration, we streamlined ERP implementation for a pharmaceutical leader, cutting costs and time by 20%. This solution eliminated non-value exceptions, identified untapped customer segments, standardized processes, and optimized working capital, fostering revenue growth and operational efficiency.
Friction Points
- Tedious, costly, and unreliable manual business scoping procedures
- Challenges in swiftly identifying normal and exceptional scenarios
- Urgent need to streamline manual efforts and minimize cycle times
- Ensuring active engagement and early alignment of business SMEs
Solutions
- Initial comprehensive download of crucial transactional data
- Continuous data refinement with refresh capabilities
- Implementation of baseline solutions with vital queries
- Collaborative iterative reviews with business stakeholders to maximize data visualization benefits
Impact
- More than 20% reduction in ERP/M&A time and costs, significantly enhancing quality standards
- Drive towards process standardization by eliminating non-value-added exceptions
- Revenue escalation through targeted identification of underserved customers and automation opportunities
- Enhanced working capital management by optimizing inventory levels, addressing service discrepancies, reducing aged receivables/payables, and minimizing SLOB instances.