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Pharmaceuticals & Medical Products
The Pharmaceutical industry is going through major
changes with technology solutions leading the way.
The Industry is at a stance between consolidation
and "virtualization." RippleImpact's technology
solutions will help pharmaceutical companies define
their business goals, maximize the value of the company
and lay groundwork for future business.
Case Study 1:
Client:
The client is a mid-sized company in the pharmaceutical
industry that manufactures generic drugs and non-drug
products such as vitamins and herbal supplements.
Their sales force sells a complete line of products
for pharmacies, including some products that are manufactured
by other firms in this industry.
Challenge:
With a sales force of over 50 agents in the field
at one time, and a paper based order entry process,
sales agents often created orders for products that
were out of stock, and were out of date on product
pricing. In addition, the firm had a poor ability
to anticipate demand for its products in a timely
manner.
Solution:
We recommended a boutique ERP solution that was focused
on inventory and order tracking for a direct sales
force.
Benefits:
- Real time order tracking that all of the sales
agents could access in the field greatly reduced
orders for items that were out of stock, and incorrect
pricing.
- A benefit unanticipated by the client was that
automated generation of the invoices resulted in
better management of receivables and reduced administration
costs.
- Better knowledge of current inventory helped the
sales force improve their closing ratio with their
clients and avoid annoying clients by ordering out
of stock items.
- Real time knowledge of inventory and demand helped
the company to better anticipate demand for its
products.
Case Study 2:
Client:
The client is a Fortune 500 company in the pharmaceutical
industry.
Challenge:
The distribution functions of the company were done
manually. This resulted in inefficient distribution;
with some retail outlets have an oversupply, and others
a shortage. In addition, the company had difficulty
anticipating demand for its products as a whole, and
had unnecessary production and inventory costs.
Solution:
We recommended an Inventory Management System including
modules for Inventory Management; Order Tracking;
Shipment Tracking and Distribution; and a Work Flow
module to tie everything together.
Benefits:
1. Real time information on inventory, orders, and
distribution greatly improved the distribution of
the products to distributors.
2. Implementation of the work flow meant that information
on inventory and orders reached distribution and production
groups in real time, greatly improving the ability
to anticipate demand, and the reducing unnecessary
inventory costs.
Case Study 3:
Client:
The client is a portal bringing you all of the high
quality, natural products you want and more!
Challenge:
Online supply of their products and health advises
to the individuals.
Solution:
We provide them a project, which is basically involved
in developing the sites for health care related services.
It gives information regarding medical and dental
practice related products to help both the practitioners
and the patients. It consists of the design of a web
site, which included image processing and animations
with JDK's image package. This included various forms
and shopping carts for the user to place orders for
the health care related products and to enquire.
Benefits:
A complete ease and fast way of supply of the products
and online support for those products.
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