Life Sciences

  • Life Sciences
Life Sciences

Maintain a healthy balance of growth, service, and cost containment

Achieve breakthrough results with a supply chain designed for precision and speed, ensuring timely delivery and exceptional service to serve your critical needs.

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Industry Challenges

Build high-performance, secure supply chains to achieve strategic advantage

Strike the perfect balance between innovation, patient-centricity, and resilience with high-performing, secure supply chains that provide competitive strategic advantages.
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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.
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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.
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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

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reduction in cost-to-serve

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improvement in asset utilization

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increase in service levels

Case studies

Success stories in Life Sciences

Business Impact

Blue Yonder improves cashflow, service, and visibility in life science organizations

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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.

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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.

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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.
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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.
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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.
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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.
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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.
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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.
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Industry insights

Any questions?

Let’s talk!