Strike the perfect balance between insight-driven efficiency, compliance and innovation across your supply chain to turn challenges into patient-centric advantages.
Life Sciences
Achieve supply chain optimization with insight driven precision, innovation and trust
AI-powered forecast planning, multi-tier network visibility and decision-making, efficient cost containment and regulatory compliance, create strategic supply chain advantages, ensuring timely delivery and exceptional service levels.
- Life Sciences
Industry Challenges
Build high-performance, predictive supply chains to achieve strategic advantage
Blue Yonder delivers multiple benefits for life science companies
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reduction in cost-to-serve
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increase in service levels
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increase in order fulfillment customer satisfaction
Business Impact
Blue Yonder enhances supply chain precision, resilience and strategic growth for optimized outcomes
Predictive demand and supply planning enhances forecasting precision
Insight-driven planning increases the ability for Medtech and Pharmaceutical companies to meet demand, minimize excess inventory and maximize inventory turnover while cognitively adapting to changing market conditions.
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 life sciences supply chain with Blue Yonder
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 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.
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 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 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.
Blue Yonder Network
Coordinate efforts across your complex fabric of trading partners for improved return on capital, lower cost to serve, and faster time to market. As variability and volatility increase, digital supply chain networks are critical to adjust to change faster and smarter.
Next-generation Control Towers
Network-wide visibility and orchestration for a continuously updated, shared version of end-to-end operations. Visualize the flow of orders, inventory and capacities – across the enterprise and partners - production, logistics, demand, supply, and space. Leverage intelligence to derive a coordinated response.
Streamline decision-making when demand and supply planning are one
With superior decision-making speed and precision, life sciences companies can control costs, ensure timely availability and increase inventory turnover in the face of volatility. Blue Yonder Demand and Supply Planning is the only all-in-one solution for predictive forecasts, autonomous scenario planning, inventory optimization and insight-driven, end-to-end planning. Powered by artificial intelligence, machine learning, market proven algorithms and intelligent insights.
Optimize your reverse logistics execution
Optimize reverse logistics by directing returning items to the right place. Help warehouse operators handle returned inventory faster and more accurately with guided steps to improve efficiency and reduce waste.
