In today’s dynamic and competitive business landscape, collaboration is often the key to achieving sustainable growth and staying ahead of the curve. Recognizing the power of collaboration, OMP and EyeOn have successfully joined forces in a recent multi-echelon inventory optimization (MEIO) implementation.
About the company
Our customer, a biopharmaceutical multinational with a strong pipeline, has multiple product launches in the 5-year horizon. The upcoming launches will grow working capital, as the supply chain will be increasingly stocked with late-stage development and launch volumes. Strong inventory target-setting and inventory management of both the existing and new portfolios are identified as key enablers for sustainable growth.
The project
OMP’s MEIO functionality as part of the Unison Planning™ platform, was selected as the inventory optimization solution to complement the already implemented OMP supply planning solution. Together with EyeOn’s MEIO and planning experts OMP worked on designing a fit-for-purpose MEIO solution.
Results
Through close collaboration and with applied expertise the project delivered 4 key benefits to the customer:
- Fit-for-purpose MEIO system capability: refinement of the MEIO models, user interface, and reporting outputs to fit the industry dynamics and business needs.
- Solid MEIO data design: bottom-up data design and data analysis to identify, detail out, and validate the key data inputs required for the MEIO model to function in optimal form.
- Enabling business decision-making: embedding the new capability in a comprehensive set of processes, starting from highly frequent exception monitoring up to validation of the complete inventory targets in S&OP – including elements like safety stock, cycle stock, strategic stock, and regulatory stock.
- Day-to-day planning impact: translating MEIO capabilities to making day-to-day planning impact. Delivering a solid pilot design and supporting business readiness to have the solution deliver value from the start.
Ready to unlock the full planning potential of OMP?
Interested to unlock the full planning potential of OMP and drive sustainable growth in today’s fast-paced business environment? EyeOn and OMP combine cutting-edge technology with applied MEIO expertise and hands-on implementation experience. Our experts, Bart Paridaen (EyeOn) and Maarten Arnouts (OMP), are available to provide personalized guidance and support. Get in touch with them here.
About OMP
OMP helps companies facing complex planning challenges to excel, grow and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries – spanning consumer goods, life sciences, chemicals, metals, paper and packaging – benefit from using OMP’s unique Unison Planning™.
About EyeOn
With years of extensive experience, EyeOn is the expert in supply chain planning and forecasting. Together with our customers we implement high-impact forecasting and planning improvements. Based not only on the latest techniques, proven innovations & tools, and insights from continuous research, but also on our experience from challenging projects for multinational companies. Our team of pure specialists focuses on complex challenges for ultimately growth of profitability. Challenge us, and we will get the job done.