Life Sciences

life sciences supply chain software streamlines  operations.

The pressure to reduce costs and improve efficiencies in the fiercely competitive life sciences industry is intense. You're often manufacturing for diverse, worldwide markets that require significant brand variations, and aligning product portfolios and inventory requirements is difficult. Product demand ranges from high-dollar SKUs with low-volume forecasts to low-dollar products with high volumes. How do you stay profitable? For starters, with production often spread across global locations, your production plans must reconcile global manufacturing constraints and stringent quality control. Strict lot control is essential for managing and tracking critical expiration dates. And regulatory compliance is tedious and varies by country.

How life sciences SCM software helps

Logility Voyager Solutions™ give you the real-time visibility you need to effectively manage your global life sciences supply chain. Through effective sales and operations planning (S&OP), you can efficiently develop worldwide operational plans to lower costs while improving margins. Integrated performance management capabilities in Logility's life sciences supply chain software enable you to automatically monitor business performance, allowing you to manage by exception and resolve issues before they become problems. To optimize inventory, Logility's supply chain management tools enable widely dispersed operations to synchronize multi-echelon demand forecasts, production schedules and capacity plans. Real-time information flows help you ensure constant replenishment at multiple distribution centers to improve customer service.

Our life sciences SCM software will help you:
  • Forecast demand accurately by item, location, customer and/or group
  • Gain operational efficiencies through sales and operations planning (S&OP)
  • Evaluate multiple scenarios for cost-effective sourcing and production
  • Reduce time to market for new product introductions
  • Calculate time-phased safety stock automatically and optimize replenishment quantities by item and location
  • Optimize inventory investments to reduce costs
  • Monitor and measure key performance indicators

Spotlight 

Fisher Scientific International, Inc. deployed Logility Voyager Solutions to improve inventory management and better align its product portfolio. Within 24 months of implementing Logility's life sciences supply chain solutions, the company reduced inventory by $5 million while increasing revenue and improving customer service levels.