Johannesburg, 06 Oct 2016
Facts at a glance
INFOR PRODUCTS
Infor Demand Planning
INDUSTRY
Chemicals and Life Sciences
HEADQUARTERS
South Africa
PARTNER
Softworx
WEBSITE
inovapharma.com
"Infor Demand Planning helps us cut through the clutter, enabling us to make better decisions in our S&OP meetings."
Marno Dekker, Head of Supply Chain, iNova Pharmaceuticals
About the company
iNova Pharmaceuticals, operating in South Africa since 1953, was acquired by Canadian multinational Valeant Pharmaceuticals in 2011.
Valeant Pharmaceuticals develops, manufactures and markets branded generics as well as pharmaceutical products in the areas of neurology and dermatology.
iNova's product portfolio includes eight pharmaceutical brands for contact lenses, oral health, appetite control, dermatology women's health and pain relief.
iNova concentrates on speed, simplicity and efficiency in delivering clearly beneficial products, valued by doctors, pharmacists and patients alike.
To learn more, visit www.inovapharma.co.za.
Business case
* Provide an accurate view of inventory availability and demand and service levels with increased supply chain visibility.
* Reduce lead-times and excessive inventories by optimising procurement and reducing obsolescence.
* Support sales and operations planning for demand forecasting, service-driven, statistically-calculated, time-phased safety stock, and supply and replenishment plans.
* Replace manual supply chain planning tools with automation for demand planners and product managers.
* Deliver a cost-effective implementation and a quick ROI.
Benefits
* Acquired the right quantity of the right product at the right time by improving replenishment order accuracy.
* Reduced potential obsolete inventory conditions with detailed shelf-life replenishment planning alerts.
* Created a better understanding of business performance in S&OP meetings with one system able to access information on all business units.
* Provided demand planners and product managers with an automated system that allows visibility into stock-on-hand by expiry date.
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