Pharma & Life Sciences
Digital Transformation Suite
Revitalize your pharma and life sciences business with data-led planning and decision-making for improved sourcing, distribution, quality & compliance adherence
BUSINESS CASE
Remedy your business data management woes with a winning digital-first strategy
Pharmaceuticals and Life Sciences are closely tied to our social DNA for generations. They directly impact the living standards and survival of mankind. Hence, it is often at a cross-section where it requires production at speed along with stringent but necessary regulatory and compliance requirements. That is why these industries require experts not just from the pharmaceutical or life sciences domain but also from the technology field to fuel the next phase of innovation.
We help you develop technology solutions that feed on your data to solve complex challenges and augment your business capacity.
OUR SERVICES
We serve the manufacturing industry across its functions
Digital Enablement Strategy
Brainstorming sessions with our techno functional experts to help you utilize your clinical, R&D and commercials systems, modules and data for high impact in both profit-centre and cost-centre functions.
Strategic Partnership Value Maximization
A drug development firm needs to assess data from manufacturing to patient trials to supply and market demand trends. However, it only stays in silos, thereby limiting its utility. Our experts help you unlock the true potential of your partnered data and workflows with near real-time insights.
Data Management & Value Optimization
Robust & Secure commercial and clinical trial data management and governance is the first step towards a digital-first culture. We deliver custom fit solutions to account for your immediate and future data storage requirements.
Scenario-based Business Planning
At a time when new virus outbreaks and newfound lifestyle ailments are seeing sharp growth and degrowth, agile scenario modelling and business planning esp. for demand fluctuations have emerged as critical business enablers for pharma firms. We help you mitigate the risks involved with demand fluctuations.
USE CASES
Our specialization in specific scenarios offers upfront value to your business
Supply & Distribution Management
Maintaining an ideal storage condition and holding of the drug is key for pharma and life sciences companies. But with an increasingly competitive & complex distribution network, a reliable technology solution is important to transparent monitoring and coordination with the vendor networks.
- Vendor performance scorecards for objective raw material sourcing decisions
- Consignment handling and damages report for better cost utilization
- Geographical report for existing market evaluation & expansion scope
- Analysis of reverse logistics and root causes to avoid future occurrences
Sales & Marketing Effectiveness
These industries are highly fragmented and competition comes in different variations in terms of generic drugs to APIs to stringent and varying governance protocols for countries. A data-driven approach to aiding and enabling the field force, keeping them motivated, and gauging the market forces to embrace a multi-channel marketing approach is of paramount importance.
- Territory-wise sales quota allocation linked to regional demands
- Transparent incentive and compensation planning for the field force
- Effective store placements and sales campaign execution
- Trends and sentiment analysis to monitor marketing channel efficacy
- Social & Search Engine Listening to capture patient data of interest
Production & Budget Planning
This industry is characterized by a volatile demand regarding seasonal infections or un-announced diseases, which could have a localized or a broader impact. The recent advancements and changes in consumption patterns require pharma and life sciences firms to reinvent and stay ahead of the competition.
- Demand forecasting for timely inventory replenishment
- Capacity planning basis the demand-supply pull
- Scheduling and tracking of cost associated and budgetary obligations
- Incorporating IoT data for equipment efficiency and eliminating downtime risks
- Analysis of overheads, R&D, indirect costs for robust financial planning
Quality And Compliance Adherence
Well in an industry where people’s lives depend on its product quality and potency, the stakes for safety measures and their adherence couldn’t be any higher. Keeping up with the protocols and delivering on such high standards demand technology intervention to make life easier for our experts like researchers, biotechnologists, and doctors.
- Analysis of raw material data with production batches to report trends
- Analysis of clinical data to spot trends and expedite drug discovery
- Benchmarking industry standards and creating guidelines for adherence
- Maintaining and reporting quality logs in tune with regulatory norms
OUR IMPACT
We boost performance on your key metrics of your and your partners’ business
Profitability Boost
Unlock consistent profitability in competitive manufacturing by maximumizing contribution from all your assets – equipment, workforce, inventory and data.
Reduced Operational Risk
Gain a solid edge over competition by cutting all hidden costs and efficiency leakages in your complex, busy operations.
Consistent Quality Improvement
Maintain consistently high quality and build strong reputation with your clients and partners.
FAQs
Our solutions address the most prominent & recurring questions of our clients
Q. How to maintain my front-line business performance amidst cyclical demand shifts?
The monthly demands and sales projections help with deciding the stocks of finished goods and raw materials. It further helps with gauging the territory-wise customer trends and offer more focussed and targeted SKUs. A thorough analysis of primary, secondary and tertiary sales data further gives insight into the effectiveness of sales promotion or marketing campaigns.
Q. How do I retain my medical representatives & sales teams amidst competition?
The pharma industry is heavily reliant on its field force performance and hence sees a lot of flux in terms of talent. It requires to be more strategic than simply tying successful sales with bonuses. A healthy competition along with team collaboration is the way forward. We help you devise a healthy ICM for your salesforce.
Q. How do we manage financial reporting standards amidst fast changing regulatory environment?
With multiple channels, partners, contract employees and different categories of transactions (B2B, B2B2C and B2C) happening, the financial consolidation in this industry is very cumbersome. It requires succinctly defining the master data then capturing and cleaning the information. The strict regulation and ad-hoc reporting ask by the governing bodies make it an uphill task. We help you set up a proven FP&A practice.