HELPING IN BETTER DECISION MAKING
Life sciences and healthcare industry consists of a large amount of data, the business models in it keep on changing and it has disruptive technologies. It is operating in vastly restricted and regulated environment.
As a result, various supply chain configurations are required to meet the needs of the entire ecosystem of healthcare. A typical health care supply chain is a complex network of many different stakeholders at different stages of the value chain. The nature of this industry is such that demand is highly volatile and intermittent. The current approach in the supply chain process leads to the following inefficiencies:
- The forecast accuracy is based on historical consumption patterns, which is poor.
- There are very few suppliers worldwide, that too based in a foreign country hence the supply reliability is poor.
- The demand is always higher in life science and healthcare industry, hence higher inventory levels at all stages of supply chain.
- To work upon supply chain process, more number of manpower is involved.
The implementation of a complete, seamlessly integrated and customizable healthcare supply chain is proposed by Trinamix to improve its reliability.
Trinamix solution allows you to more accurately predict demand and supply, calculate optimum stock levels and quickly adapt to changes across your global supply chain. It also helps you to monitor and manage your extended supply chain on an ongoing basis through embedded analytics that operate within your strategic, tactical and operational planning applications.
Improvement in Forecast Accuracy
Efficient Decision Making