AI-Driven Supply Chain Visibility Helps Pharmaceutical Company Reduce Delays and Disruptions by 15%
November 13, 2023
The pharmaceutical supply chain is complex and global, involving multiple stakeholders and transportation modes. This makes it difficult to track and monitor the movement of pharmaceutical products in real time. This can lead to delays, disruptions, and even product spoilage.
Challenge
A pharmaceutical company was facing the challenge of improving the visibility of its supply chain. The company’s supply chain involved multiple stakeholders and transportation modes, and it was difficult to track and monitor the movement of products in real time. This led to delays and disruptions in the supply chain, which could have a negative impact on product quality and patient care.
Solution
The pharmaceutical company wanted to develop and implement an AI-driven supply chain visibility solution. The solution uses AI to analyze data from a variety of sources, such as sensors, IoT devices, and transportation systems, to provide a holistic view of the supply chain in real time.
Implementation
Omdena worked with the pharmaceutical company to identify the specific areas of the supply chain where visibility could be improved. Omdena then collected and prepared the necessary data from a variety of sources. Once the data was prepared, Omdena developed and evaluated AI models to track and monitor the movement of pharmaceutical products in real time. Finally, Omdena integrated the AI models with the company’s existing supply chain systems.
Results
After deploying the AI-driven supply chain visibility solution, the pharmaceutical company experienced a 15% reduction in delays and disruptions. This was due to the improved visibility of the supply chain, which allowed the company to identify and address potential problems more quickly. The company was also able to improve its customer service by providing more accurate delivery estimates.
Conclusion
The AI-driven supply chain visibility solution helped the pharmaceutical company to improve the visibility of its supply chain, reduce delays and disruptions, and improve its customer service. The solution is an example of how AI can be used to solve real-world problems in the pharmaceutical industry.
Benefits to Other Pharmaceutical Companies
Other pharmaceutical companies can benefit from AI-driven supply chain visibility solutions in a number of ways. AI-driven supply chain visibility solutions can help pharmaceutical companies to:
- Improve the visibility of their supply chain
- Reduce delays and disruptions
- Improve product quality
- Improve customer service
- Reduce costs
Pharmaceutical companies that are interested in implementing AI-driven supply chain visibility solutions can follow the steps:
- Identify opportunities to improve supply chain visibility.
- Collect and prepare the necessary data.
- Develop and evaluate AI models to track and monitor the movement of pharmaceutical products in real time.
- Integrate the AI models with existing supply chain systems.
- Deploy and monitor the AI solutions to ensure that they are meeting the desired outcomes.
Omdena can help pharmaceutical companies to develop and implement AI-driven supply chain visibility solutions by:
- Providing access to AI experts and resources
- Facilitating collaboration between AI experts and pharmaceutical professionals
- Helping to implement AI solutions in the real world
Contact Omdena today to learn more about how we can help your pharmaceutical company improve supply chain visibility and deliver better products to your customers.
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