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To achieve the goal of effective distribution management, Life Sciences companies must develop advanced distribution networks with multichannel fulfillment.
Distribution masters in Life Sciences excel in integrated yet flexible operations, and use full-function warehouse management systems and other advanced technologies. They are often able to keep costs lower and customers happier
So what can Life Sciences companies do to achieve distribution mastery? Accenture recommends:
Implementing technologies such as distribution modeling and order/warehouse management systems to enable an end-to-end view of operations: from raw materials to customer deliveries
Making centralized reporting of distribution costs and performance metrics a top priority.
Reviewing and improving the distribution network regularly, and performing sensitivity and risk assessments.
Developing cost-to-serve distribution models for priority products and key customer/delivery channels.
Verifying that information flows from distribution to support other functions (real-time supply and order-process tracking).
Find out about the other pillars of logistics mastery for Life Sciences:
Inventory and order management
Read the full point of view—How Excellence in Logistics Can Change the Fortunes of Pharmaceutical and Medical Device Companies
April 8, 2013
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