Optimizing Supply Chain Management in the Pharmaceutical Sector with Generative Artificial Intelligence
How Generative Artificial Intelligence is transforming the Pharmaceutical Supply Chain, optimizing supply and distribution.
Generative Artificial Intelligence can help you distribute drugs in the shortest time and at the lowest possible cost.
Companies in the pharmaceutical industry face complex and delicate processes, where the ability to procure and supply drugs efficiently and promptly is crucial. This complex task (due to the diversity of suppliers, various procurement geographies, and different supply conditions) requires data-driven tools that enable managers to operate with a focus on corporate cost-effectiveness (i.e., with high profit margins).
Understanding the Context
Generative Artificial Intelligence can automatically analyze supplier price lists, contracts, availability and past performance, as well as transporter price lists and news on possible traffic jams in specific geographical areas.
Conversational Properties
Generative Artificial Intelligence allows direct interactions, personalizing analysis and outcomes based on users' needs, completely transforming how employees and collaborators interact with the supply chain.
Generative Capacity
Generative Artificial Intelligence can create automated reports that provide accurate insights and recommendations to optimize procurement operations.
An Assistant based on Generative Artificial Intelligence for Your Supply Chain
Integrate data from the entire supply chain through a refinement process, supporting your employees and collaborators in sourcing and supplying medications under the best possible market conditions.
AI Assistant for Your Supply Chain
What can a "refined" AI Assistant do on your Supply Chain?
Interactive Dialogue with Your Supply Chain
- Direct Communication
- Automatic Data Collection
- Direct Communication: Communicate with your supply chain like never before. Monitor and compare supplier conditions, identify risks, obtain necessary data when needed, and reason about your supply chain to make informed decisions.
- Automatic Data Collection: Collects information from suppliers automatically, freeing you from the manual task of data entry and the need to individually contact each supplier for updates.
Data-Driven Process Optimization
- Insertion of Requirements and Generation of Reports
- Analysis of "What-if" Scenarios
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- Requirement Input and Report Generation: Input specific requirements for your business and receive detailed reports with insights regarding suppliers and paths to meet demands at the lowest possible cost. This data-driven approach enables you to make strategic decisions on how and from whom to source.
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- “What-if” Scenario Analysis: Explore hypothetical scenarios generated by the AI Assistant to assess how different decisions might impact your supply chain. This analytical capability helps you anticipate the consequences of changes in suppliers, shipping routes, or inventory management policies.
Strategic Decisions and Automation of Operations
- Automation of contacts with suppliers
- Cost and Time Optimization
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- Supplier Communication Automation: The AI Assistant not only gathers information but can also automatically contact suppliers to collect updated data, review contract terms, or request quotes, making the negotiation process smoother and less prone to human errors.
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- Cost and Time Optimization: With artificial intelligence, you can optimize procurement and logistics based on criteria such as the shortest delivery time and the lowest product handling cost, ensuring a supply chain that is not only efficient but also economically advantageous.