ABC-Plan provides a supply planning software specifically designed for pharmaceutical companies, utilizing advanced algorithms for inventory optimization and risk mitigation. The platform addresses inefficiencies in supply chain management, reducing stock-outs and inventory write-offs while ensuring compliance with varying regulatory requirements across regions.
Funding
Funding not disclosed
Founders
Product
Problem
Pharmaceutical companies face significant challenges in supply chain management due to uncertainties, regulatory complexities, and the need to optimize inventory while minimizing risks like stock-outs and expiry. Varying shelf lives across different regions and the complexities of managing multiple manufacturing sites and product lines further exacerbate these issues.
Solution
ABC-Plan offers a supply planning software solution tailored for the pharmaceutical and biotech industries, designed to optimize supply plans and mitigate inventory risks. The platform employs advanced algorithms to address the intricacies of pharmaceutical supply chains, including expiry risks stemming from ingredient shelf life and planning around ever-changing regulatory compliance. It handles different shelf lives across regions, manages testing lab approvals, and addresses supply and capacity constraints. The software also facilitates scenario planning and manages the increased complexity associated with multiple SKUs, manufacturing sites, and production lines.
Target Audience
The primary target audience includes pharmaceutical and biotech companies seeking to optimize their supply chain planning, reduce inventory risks, and ensure regulatory compliance.
Features
- Advanced optimization and planning algorithm to handle uncertainties in the pharmaceutical supply chain.
- Expiry risk management based on product and ingredient shelf life.
- Management of varying regulatory compliance across different regions.
- Handling of different shelf lives for the same product in different regions.
- Management of different testing labs approved by different regions.
- Supply and capacity constraint management.
- Scenario planning capabilities.
- Management of complexity arising from multiple SKUs, manufacturing sites, and production lines.
- Configurable UI to fit specific value chain structures.