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Case Study: How to get ROI in 24 months from advanced planning and scheduling
In this dynamic one hour webinar we speak with Matthew Harris, the Associate Director, EU Supply Chain, Otsuka Pharmaceuticals Europe and learn how he has transformed their planning process to reduce 20% of their write offs and drive profitability. Read the full case study here.
Otsuka Pharmaceuticals Europe - a case study in advanced planning and enhanced profitability
In Jan 2021, OPEL embarked on an extraordinary transformation of their planning processes. They wanted to leverage state-of-the-art supply and demand planning technologies for creating a digital twin platform.
At the start of the project, they had a cumbersome data management process with little integration between disparate systems including their legacy ERP system. As a result, this provided limited visibility of the materials and manufacturing process to finish goods. Poor accuracy and a strategy to hold additional inventory to buffer against supply risk, invariably resulted in stock obsolescence and additional inventory holding costs. OPEL wanted to adopt best practices in the supply chain planning process to optimize the cost of ownership and improve customer satisfaction.
The business plan was based on a powerful 24 month ROI by reducing wastage, carrying less inventory and a modest reduction in product write-off.
This session will focus on how OPEL are significantly improving their planning processes for bulk material and finished products.
By implementing advanced planning capabilities, they will create a uniform company-wide platform for cross functional collaboration resulting in improved data sharing and enhanced collaboration, as well as significantly reducing write-offs by approximately 20%.
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About Otsuka Pharmaceuticals Europe
Otsuka Pharmaceutical was established in 1964 and is part of the Otsuka Holdings, a company dating back 100 years. Otsuka Pharmaceutical is headquartered in Tokyo with regional offices in Europe and the US. With around 6,000 employees and 8 manufacturing plants in Japan, it has a unique presence in the market, with complex supply chain and manufacturing challenges. Otsuka Pharmaceutical Europe Ltd. (OPEL), established in 1979, is the European operation of the global healthcare company Otsuka Pharmaceuticals.
The packaging of products for European markets, happens wholly within Europe through the use of 3rd party partners, with bulk and API being imported from Otsuka’s internal manufacturing sites in the Far East.
Historically, despite the business’ success, its utilization of business process support software saw a slower uptake in comparison to other companies within the sector.
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Learn more about our Discussion Leaders
Matthew Harris
Associate Director EU Supply Chain and Distribution, Otsuka Pharmaceutical Europe Ltd.
Matthew Harris has over twenty years experience within FMCG, pharmaceutical and medical device sectors which informs his role as Associate Director EU Supply Chain and Distribution at Otsuka Pharmaceutical Europe Ltd
Matthew has a proven track record of successful influencing and large scale problem solving, with vast experience setting up new planning departments involving the implementation and creation of processes, procedures and KPI’s to drive wider supply chain functions.
Maria Villablanca
CEO and Co-Founder, Future Insights Network (FIN)
Maria Villablanca is the Co-Founder and CEO of The Future Insights Network, an independent media platform for manufacturing, supply chain, and digital transformation leaders and the host of the Transform Talks podcast.
In this capacity, Maria interviews senior practitioners and the greatest thought-leaders of today to cut through the hype and noise around transformation.
Maria is the driving force behind Future Insights Network’s mission to demystify technologies such as AI and ML, IoT, robotics, and blockchain and uncover their use cases for building robust supply chains during the Industry 4.0 era. As a strong believer in diversity and inclusion, Maria is proud to be leading a women-operated business.
Maria’s contribution to the supply chain profession is widely recognized and has seen her win a number of awards, including Supply Chain Digital’s ‘Top 100 Leaders in Supply Chain’, Insights Success’ ’10 Most Tremendous Women in Supply Chain’, Views’ ‘The 10 Most Empowering Businesswomen Leading Through The Change, 2022’ among many others.
Vikram Singla
Senior Director, Strategy and Business Development - Supply Chain , Oracle
Vikram helps supply chain and finance business leaders leverage technology to deliver meaningful business outcomes for their organizations. He also serves on the board of CILT (Chartered Institute of Logistics and Transport) – UK.
He has over 25 years’ experience in the technology sector, including deploying supply chain transformation programmes for Fortune 500 firms. One of his initial assignments was to build digital factory models to drive capital investment decisions at an automotive major.
He is currently responsible for defining and executing the go-to-market strategy for cloud solutions in the UK. Vikram has an MBA from Warwick Business School and graduated from IIT (Indian Institute of Technology) Delhi, India
Molly Chakraborty
Co-founder and President, Trinamix
Molly Chakraborty is a co-founder and President of Trinamix Inc. Molly has spent 25+ years in the Supply Chain Industry. Prior to founding Trinamix Molly worked as Development Manager at Oracle as a thought leader in technology and application of Oracle products. Molly is a gold medalist from Jadavpur University with Masters in Electrical Engineering. She has demonstrated leadership in successfully enabling major SCM and Manufacturing initiatives, while taking Trinamix from a small startup to a globally recognized system integrator in the process.
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