Client: A pharmaceutical major
Challenge: For nearly a century, this pharmaceutical company has been creating and distributing medicines that saved millions of lives across the globe. After enjoying decades of impressive growths riding on the success of its blockbuster drugs, this company now encounters the perils of changing market dynamics. The company is now looking to streamline operations and the management has realized that it has built large amounts of inventory. Management turned to Aspect Ratio to help decrease its inventories and shape processes.
After studying the existing processes and systems, Aspect Ratio developed processes that transformed demand planning.
As a first step we developed an integrated framework that would align intelligence from finance, marketing and operations. This ensured that no information was lost, and the top management was intimated with goals and targets for each department.Techniques were used to blend statistical forecasts with the market forecasts to accurately predict demand over long horizons. Models ensured that supply fluctuations and wholesaler stocking were envisioned and helped operations team plan in advance. Our continuous engagement and project management also ensured that we could modify our process according to changing business needs.
State of the art models ensured that a lot of effort was saved for demand planners and helped them concentrate on their jobs better.
"The enthusiasm, promptness, proactiveness and commitment to their deadlines makes Aspect Ratio a good outsourcing partner."Dr. Devdutt Pattanaik (Manager - Knowledge Management)
Aventis Pharma Ltd.
"Aspect Ratio stands for 'keen for market-demand and opportunities' with a very customer-driven approach. Aspect Ratio has time upon time surprised me with 'ahead-of-extreme-deadline-delivery' while not compromising on quality and reliability. I have used their services for the last 5 years with true customer-delight."Bram Steller (Exec. VP - Commercial)
Jet Airways, India
"Cleartrip Finance team is associated with Aspect Ratio for our LCC (Low Cost Carriers) Reconciliation automation tool & Payment Gateway Automation tool. Excel Tool developed by Aspect is apt for us. Entire approach from understanding our requirements to delivering the end product was truly a good experience."Frank D'Souza (Sr. Manager - Finance)
Cleartrip for Business
"We at Kodak India have used ‘Aspect Ratio’ for various projects over the last 4 years. Their sense of involvement on any project and ability to grasp complex issues in a short time is very good as is their flexibility to handle changing requirements. They are the first name which comes to our mind when such requirements come up."B. K. Prashanth (Finance)
Kodak India Pvt. Ltd.