Andy WalkerFormer Head of Supply Chain Strategy, Optimisation & Delivery
Supply chain management represents 35% of the profit and loss for businesses within the pharmaceutical industry - that’s compared to 8-12% in the consumer packaged goods industry. So, when setting out on transforming your supply chain, take inspiration from an expert with experience in multiple sectors. This will allow you to determine where best to focus your efforts and to gain advantages through lessons learned from your cross industry counterparts!
When MSD set out on their journey to standardise their enterprise resource planning (ERP) platform, they had to factor in operations in 100 markets across four geographical regions, including four planning hubs, over 80 distribution centers, and more than 20 internal and external sites! Seeking a way to connect all of them, MSD recognised a need to sync its supply chain data and enable access to it across divisions to support better business decisions. In this interactive workshop, you will hear about the strategies MSD employed, and the lessons they learned along the way!
What you will learn:
- How to achieve global visibility of inventory for all finished goods
- Strategies to achieve exception-based planning for min/max inventory levels
- Replenishment strategies you can implement across sites and hubs