The obsession of drug makers to re-evaluate and minimize Operational costs is the New Black. Nowadays Consumer Health (over-the-counter or GSL drugs) has a profit formula quite similar than the Retail business, but unfortunately delivering safety and quality are simply not enough. The decrease trend on sales of the biggest US drug retailers (WBA, MCK, CVS) is due to the consumers shift from traditional to … Continue reading Why is Supply Chain the Rockstar of Consumer Pharma?
… In the past, software was not powerful enough to provide a reliable forecast, but now we have tools and resources that provide insight like never before. The question is, are you getting the most out of them? Everyone knows that the present and future is changeable, so why then are we still using the same forecasting structures and assumptions? Why don’t we leverage technology … Continue reading Tearing Up the Rulebook: How Millennials are Changing Concepts of Forecasting