Pharmaceutical companies are required to excel at many disciplines, and E2open can help.
Pharmaceutical companies are required to excel at many disciplines: research and innovation, production, sales, and marketing. At the same time, the competitive and regulatory intensity has significantly increased, with much stronger focus on profitability. All of this is putting new demands on the supply chain function, which is more than ever required to support the business. In this new context, important themes are key:
- Serialization and the need to satisfy demanding lot traceability and other quality requirements
- High service levels, yet completely different manufacturing and supply chain strategies for prescription vs. over-the-counter products and generic vs. patented drugs
- Increasing reliance on external partners such as contract manufacturing organizations (CMOs)
Some of the solutions already developed by E2open for other industries are helping pharma and biotech companies rapidly address these supply chain challenges.
Some pharmaceutical and biotech companies are already relying on E2open to address these challenges. They are leveraging the E2open network and supply chain solutions to operate their multi-enterprise supply chain in real-time, helping transform them into demand-sensing, integrated demand-supply networks.
Success requires collaborative planning and execution techniques that deliver responsiveness to uncertain demand or customer needs while balancing the often conflicting goals of cost containment and fulfillment flexibility.