Life Sciences
Seldom has an industry been more on the minds and in the conversations of people as Life Sciences industry in these past months. Since the announcement of vaccines effective in preventing COVID-19 until now, the industry has been in the spotlight, particularly in its Supply Chains and ability to distribute vaccines effectively and efficiently, at volume and under complex conditions.
However, beyond the topical point of the pandemic, the sector’s challenges are not dissimilar to those faced by other industries, and its natural evolution is to put the consumer’s health at the center of the business instead of simply selling products. With this vision, Artificial Intelligence and Blockchain can help construct a more agile and resilient Supply Chain.
However, beyond the topical point of the pandemic, the sector’s challenges are not dissimilar to those faced by other industries, and its natural evolution is to put the consumer’s health at the center of the business instead of simply selling products. With this vision, Artificial Intelligence and Blockchain can help construct a more agile and resilient Supply Chain.
Supply Chain Modeling and Optimization
Surely in our lives there have been many occasions when before making a decision we would have liked to simulate each different option and analyze the results. In the business world the same is true.
The Digital Twin consists of creating a virtual (digital) replica of a real or potential entity, physical process, or service. The Supply Chain Digital Twin is a virtual model of the company’s Supply Chain. It is fed with real data from the business, allowing the company to simulate different business decisions, optimizing the Supply Chain against each decision, and evaluate the results such that every decision can be made confidently and effectively.
The Digital Twin consists of creating a virtual (digital) replica of a real or potential entity, physical process, or service. The Supply Chain Digital Twin is a virtual model of the company’s Supply Chain. It is fed with real data from the business, allowing the company to simulate different business decisions, optimizing the Supply Chain against each decision, and evaluate the results such that every decision can be made confidently and effectively.
Demand Planning
Do you want to save costs while simultaneously increasing service levels in your Supply Chain? Having accurate forecasts and efficient production or procurement plans is key to making good business decisions and optimizing inventory. Innovations in Big Data, Artificial Intelligence, and Machine Learning combined with traditional forecasting and optimization algorithms have revolutionized demand forecasting. These have allowed companies to exploit the insights and relationships hidden within immense amounts of data, which allow them to plan against more accurate forecasts.
Sustainability
The European Union has committed itself to zero emissions by 2050. A sustainable Supply Chain is more competitive and better equipped to respond to future developments. Transportation Management Systems (TMS) help businesses optimize their fleet and delivery routes, reducing their carbon footprint and making their Supply Chains greener.
Traceability
Last Mile TMS solutions guarantee product delivery and allow your company to deliver on the promises it has made with the customer.