Bain's work with PharmaCo resulted in a number of significant improvements that moved their supply chain from a reactive one to a source of competitive advantage.
The effort vastly improved the company's planning and execution functions, created and implemented a new stock policy that accounted for specific SKUs and key variables, streamlined the order preparation process and reduced distribution transport times.
By the numbers, the effort:
- Reduced lead time by 43%
- Decreased variability by 50%
- Lowered the risk of back-order by 95%
- Increased stock for finished goods by 10%
Bain helped reduce PharmaCo's lead time by 43%