Strike the perfect balance between innovation, patient-centricity, and resilience with high-performing, secure supply chains that provide competitive strategic advantages.
- Life Sciences
Industry Challenges
Build high-performance, secure supply chains to achieve strategic advantage
Increasing cost pressures stress MedTech production
Materials cost inflation and pricing pressures from medical providers, combined with climate and socio-political events, are driving MedTech companies to streamline supply chains to increase efficiency and profits while providing customers with maximum service levels.
Limited supply chain visibility
Outsourcing production, disruptive supplier shortages, and requirements to meet sustainability goals are driving the need for enhanced visibility into supplier networks across industries.
Unpredictable demand fluctuations
Demand volatility across customer segments and fulfillment avenues impact revenue growth and cost-to-serve.
Blue Yonder delivers multiple benefits for life science companies
0%
reduction in cost-to-serve
0%
improvement in asset utilization
0%
increase in service levels
Business Impact
Blue Yonder improves cashflow, service, and visibility in life science organizations
Integrated demand planning enhances collaboration
Enhance collaboration with sales, marketing, and demand planners to support new product introductions, while incorporating life science-specific information such as infectious-disease tracking and sociodemographic data.
Optimized planning to improve patient outcomes
Optimize production of pharmaceuticals and devices based on patient needs, maintain inventory requirements across the globe, and speed up transportation to service patients at high levels while minimizing costs.
Extend seamless collaboration among internal and external teams
Enhance collaboration across internal supply chain functions as well as external networks from suppliers through distribution partners.
Capabilities
Manage your complete medical supply chain with Blue Yonder.
Demand Planning
Demand planning and dynamic segmentation supports detailed forecasting
Advanced statistical forecasting techniques support bottom-up demand forecasting from internal sales and distributed sales affiliates to better understand true end-point demand. Top-down revenue forecasting with automated reconciliation across hierarchies for balancing demand and constraints. Forecasting algorithms support lifecycle forecasting and new product introductions.
Integrated Business Planning
Integrated sales and operations planning
Given the variability in demand in life sciences supply chains, key business functions must stay aligned on corporate business objectives. Blue Yonder enables organizations to aggregate demand across all functions and locations, view demand at any level, drill down to underlying details, perform supply and demand balancing, and do plan-to-plan comparisons.
Inventory Optimization
Inventory and order optimization supports new product introductions
Determine order lead times with advanced algorithms that assess optimal inventory levels at each node of the supply chain based on customer order history. What-if analysis helps you plan inventory for new product introductions, including lead times for regulatory approvals. Safety stock can be reduced to lower capital requirements and improve cash flow to reallocate for R&D. Inventory and order optimization supports new product introductions.
Order Promising & Optimization
Distribution planning and order optimization support a wide range of planning activities
Blue Yonder supply planning and order optimization generates distribution plans that respect shelf-life constraints and alternate sourcing compliance by market; tracks and manages date-sensitive inventory; understands bulk requirements from bottom-up replenishment; and supports new distribution models such as direct-to-pharmacy and direct-to-hospital.
Transportation Management
Transportation management optimizes all modes of transport
Consider all transportation options to ensure lowest cost modes, routes, and carriers are evaluated to meet delivery commitments. The system optimizes global multi-leg, multi-modal shipments to local multi-stop fleet routing. Transportation is fully integrated with warehouse and labor management to synchronize operations based on priorities and constraints.
Warehouse Management
Warehouse management automatically schedules work activities
Manage the flow of raw materials, work-in-process, and finished goods inventory across internal distribution networks. The system automatically assigns each worker to the most productive task based on order priorities, proximity to inventory, and the equipment and certifications of each worker. Efficiency can be enhanced with RFID devices, voice picking, and pick-to-light automation.
