Life Sciences
The life sciences industry faces many challenges today: pricing pressures, pipeline pressures, impending patent expirations, the soaring cost of developing new drugs. To remain profitable and sustain growth, the industry must transition from a reliance on blockbuster drugs to more targeted and personalized therapeutics. Our Life Sciences Practice group works with clients to ensure that patient need is at the center of everything they do. We are transforming global health care by connecting information, insights and technology to improve the quality of the patient experience.
InfoSTEP solutions optimize the flow of valuable scientific and operational data within life sciences companies – helping them bring therapies to market faster and more profitably. By partnering with industry-leading solution providers, InfoSTEP enables life sciences manufacturers to collect, manage, and share the right information with the right people.
Our Solutions for Life Sciences Industry are:
1. Business Intelligence Services
One of the major challenges for life science industries is the variety of data - knowledge base and data management systems through sophisticated applications for sequencing information. This data is sourced mostly from outside and is generally found in diverse formats making analysis difficult for conventional tools. Complying with regulations demands, fast and accurate understanding of information that can be obtained by integration of diverse data sources and types in a single data repository. A single data model to gather and synchronize information from across all data sources including different research programs, regulatory groups, manufacturing units and sales and marketing department provides opportunity to maximize discovering and bringing profitable products to market.
InfoSTEP provides several business intelligence benefits to Life Science.
Business Intelligence Advantages.
- Enterprise Data integration platform combined with powerful analytics and highly customizable personalized BI reporting solution to share and distribute information with a few clicks.
- Information stored in an easily accessible format to provide clear view into their business process.
- Bring clarity to technology choices to improve decision making.
- Enhance efficiency in new drug discovery with better security of data and sharing of knowledge base.
- Provide good control on supply chain and inventory management.
- Clinical data management and electronic data capture integration to outsource information from a single point to cater needs of different users to enhance productivity.
2. Supply Chain Planning
InfoSTEP Supply Chain Applications is a robust, easy-to-use and integrated set of planning and scheduling solutions. It helps decision makers quickly build scenarios and troubleshoot models, efficiently optimize large-scale supply chains, and effectively identify and explain the drivers of key supply chain costs. Optimization-based decision support and operations solutions improve the overall decision-making process for an organization’s supply chain.
InfoSTEP's Supply Chain Planning (InfoSTEP SCP) solutions enable process manufacturers to plan and forecast proactively, optimize production schedules for low-cost and high-quality customer service, minimize inventory investments, and streamline distribution operations.
InfoSTEP provides several business intelligence benefits to Life Science.
Demand Planning (DP)
- Plan more proactively, frequently, and accurately across the entire supply chain
- Integrates a "best-fit" forecast based on historical demand, with user-anticipated differences
- Continually improves each forecast, learning from the most recent period of demand, measuring forecast error, and highlighting exceptions
Advanced Planning and Scheduling (APS)
- Helps manufacturers quickly generate feasible production plans and master production schedules that optimize capacity, materials and labor to satisfy demand.
- Maximize customer service levels and minimize costs.
- APS helps production planners gain the visibility and high-quality decision support necessary to consistently achieve rapid and optimal performance
Inventory and Replenishment Planning (IRP)
- Harmonize all of the elements affecting inventory to ensure timely delivery to the customers.
- Using business rules, inventory policies, and developed forecasts, the system considers consumption rates and inventory levels across your supply chain and applies your replenishment rules.
Sales and Operations Planning (SOP)
- Outlook on the organization’s performance.
- Quickly establish where future demand or supply issues may arise.
- Evaluate the outcome of different demand-supply balancing options on the business.
3. Materials Management
InfoSTEP Materials Management and Inventory Control functionality provides the ability to manage on-site stockroom inventory as well as chemicals, reagents or other substances requiring strict control, monitoring through their entire lifecycle and view products across multi-company, multi-division, or multi-site environments. The materials management and inventory control modules enable users to manage materials, intermediate goods, or finished goods on the basis of defined characteristics such as shelf-life, pH, moisture content, and potency level.
InfoSTEP solution can integrate with new systems and legacy technology to optimize the value of your investments.
InfoSTEP Supplies Manager enables and manages inventories electronically in an on-site stockroom, freezer program or other physical location. Provide users with detailed real-time information about inventory, saving time and money. Provides visibility into inventories across an organization and enables advanced searching, ordering and management of stockroom items. Delivers a closed-loop fulfillment and replenishment process to minimize waste, maximize space and provide critical insight to procurement management.
InfoSTEP Substance Manager is a materials management solution for proprietary compounds and sample plates used in high-throughput screening, genomics and combinatorial chemistry operations and provide real-time access to compound data locally or globally, so that research scientists can access compound collections with a single request.
Integrate with InfoSTEP's procurement solution for more value
- Reduce unnecessary spending by avoiding purchases of substances already in inventory.
- Simplify restocking internal stockrooms. Seamlessly link products between procurement and inventory management modules.
- Accurately manage item pricing (both unit cost and retail pricing).
- Track transaction flows through stockrooms across organizations missing benefit.
- Limit quantity of hazardous materials.
Benefits
- One-stop convenience for supply ordering.
- Easy ordering directly from search results.
- Inventory tracking by barcode/UPC.
- Automated reorder notification - reduce backorders and stock-outs.
- Access reliable inventory information by enabling accurate container tracking.
- Improve researcher productivity with advanced searching tools
- Reduce inventory overstock, and purchase and disposal costs with improved sourcing and insight into current chemical inventory.
- Maintain accurate safety data and increase EH&S compliance with extensive hazardous materials monitoring.
- Reduce time locating and obtaining proprietary substances needed for experiments by 25-60 percent.
- Enhance the value of proprietary research assets - make them searchable and accessible across global organizations.
- Optimize business processes by efficiently identifying and preparing substances for screening regardless of location or origin.
- Improve innovation by allowing researchers to focus on high-value scientific activities instead of managing the logistics of materials.
Inventory and Replenishment Planning (IRP)
- Harmonize all of the elements affecting inventory to ensure timely delivery to the customers.
- Using business rules, inventory policies, and developed forecasts, the system considers consumption rates and inventory levels across your supply chain and applies your replenishment rules.
Sales and Operations Planning (SOP)
- Outlook on the organization’s performance.
- Quickly establish where future demand or supply issues may arise.
- Evaluate the outcome of different demand-supply balancing options on the business.
