Global medical device company dedicated towards design and development of novel, clinically relevant, state-of-the-art and best-in-class devices to alleviate human suffering and improve the Quality of Life, spanning broad operational canvas from vascular interventional devices to orthopedics, in-vitro diagnostics and endo-surgery
- ~$400M Revenues (Yearly)
- ~3M Sales Transactions (Yearly)
- 100+ Locations
- ~10k+ SKU’s
- ~1k+ Sales Persons
- 6 Verticals
- Inadequate forecasting
- Order Prioritization
- Consistent Shortage
- Data availability & Collection
- lack of co-ordination within the departments
- High Product LT
- Challenges in scheduling
- Gap between Forecast & Actual
- A high amount of obsolete inventory
- A high amount of working capital
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Demand Forecasting
Forecasting to predict future trends and changes in KPIs, and budgeting to get a roadmap for allocating resources to achieve financial goals.
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Operational Planning
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
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Capacity & Production Planning
Proactive planning for uncertainties, enhance resilience, and adapt swiftly to changing circumstances.
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Procurement Planning
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
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Management Reporting
Internal reports used to run the organization, make business decisions, and monitor progress to make more accurate, data-driven decisions.
- Data Integration across org.
- Outlier Corrections using Statistical Techniques.
- 15+ Forecasting algorithms
- System based forecast accuracy analysis
- Inventory Planning
- Multiple What-if Scenario
- Optimizer utilization for best results in Inventory Replenishment, Raw Material & Packaging Material allocation, Dispatch Planning
- Production Planning, Capacity Planning, & Production Scheduling based on Forecast, and constraints
- Order Prioritization and ATP Calculation
- RM / PM Allocation
- Dispatch Planning
- Multiple Plan Simulation based on Inventory, finance etc.
- Real time Demand Forecast with Better Forecast Accuracy
- Real time availability of Required Reports
- BOM Explosion
- Revenue Maximization
- Service level Improvements
- Better user interface
- Better visualization with transparency leading to sales uplift
- Allocations Plan
- Production and Dispatch optimization