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ABSTRACT:
In support of its present and future customers, Ross Systems sponsored this white paper to help pharmaceutical manufacturers understand how supply chain functions such as demand and inventory planning can positively impact their overall operations and bottom line.
It's a classic scenario in pharmaceutical manufacturing - struggling to coordinate the opinions of sales and marketing with clinical opportunities and manufacturing/supply chain initiatives on what should be produced, when it should be produced, and where it's needed.
The lack of good supply chain coordination can lead to frequent changes in production schedules, expedited transfers and shipments in distribution, excessive stock-outs, erratic levels of customer service, lack of visibility into future demand, and inventory in the wrong place and at the wrong time.
For many pharmaceutical companies, these problems are not new. In fact, their root cause typically revolves around a few basic issues - mainly, a lack of shared knowledge about the supply chain planning function, inadequate decision support systems, and unavailable or inconsistent data due to lack of integration to the core business system.
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Authors
Michael Webster
Director, Life Science
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Ross Systems
Chris Taunton
Director Product Management
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Ross Systems
Jonathan Feinbaum
Senior Supply Chain Consultant
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Ross Systems
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