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	<title>Financial Services &#8211; SP Strategic Partners</title>
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	<description>Driving Strategy. Ensuring Compliance. Delivering Results</description>
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		<title>Leading consumer products companies</title>
		<link>https://spstrategy.gr/works/leading-consumer-products-companies/</link>
		
		<dc:creator><![CDATA[Alexis]]></dc:creator>
		<pubDate>Fri, 22 Jan 2016 05:16:05 +0000</pubDate>
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					<description><![CDATA[[vc_row css=&#8221;.vc_custom_1452687555475{margin-bottom: 100px !important;}&#8221;][vc_column offset=&#8221;vc_col-lg-9 vc_col-md-9&#8243;][vc_custom_heading source=&#8221;post_title&#8221; use_theme_fonts=&#8221;yes&#8221; subtitle=&#8221;Surface Transport &#38; Logistics&#8221; css=&#8221;.vc_custom_1453269716083{margin-bottom: 30px !important;}&#8221;][vc_row_inner css=&#8221;.vc_custom_1453271494452{margin-bottom: 50px !important;}&#8221;][vc_column_inner width=&#8221;1/2&#8243;][vc_single_image source=&#8221;featured_image&#8221; img_size=&#8221;395&#215;256&#8243;][/vc_column_inner][vc_column_inner width=&#8221;1/2&#8243;][vc_custom_heading text=&#8221;For one leading pharmaceutical laboratory, success and double-digit sales growth came with a cost: an overburdened supply chain that threatened to reduce market share.&#8221; font_container=&#8221;tag:div&#124;font_size:16px&#124;text_align:left&#124;color:%23444444&#124;line_height:26px&#8221; google_fonts=&#8221;font_family:Poppins%3A300%2Cregular%2C500%2C600%2C700&#124;font_style:600%20semi-bold%3A600%3Anormal&#8221; css=&#8221;.vc_custom_1453270061390{margin-bottom: 18px !important;}&#8221;][vc_column_text] The effort vastly improved]]></description>
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					<div class=" vc_custom_heading  consulting_heading_font  text_align_left has_subtitle" ><h2 style="text-align: left;font-weight:700" class="consulting-custom-title">Leading consumer products companies<span class="subtitle">Surface Transport &amp; Logistics</span></h2></div>				</div>
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					<div class=" vc_custom_heading  consulting_heading_font  text_align_left" ><div style="font-size: 16px;color: #444444;text-align: left;line-height: 26px;font-weight:700" class="consulting-custom-title">For one leading pharmaceutical laboratory, success and double-digit sales growth came with a cost: an overburdened supply chain that threatened to reduce market share.
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									<p style="line-height: 22px;">The effort vastly improved the company&#8217;s <span style="color: #777777;"><em>planning and execution functions</em></span>, they knew that in order to succeed in this era of technology their accounting systems needed to be much more robust than what they are. They turned to WP consulting to improve their accounting systems.</p>
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					<div class=" vc_custom_heading  consulting_heading_font  text_align_right" ><h3 style="font-size: 24px;color: #222222;text-align: right;line-height: 30px;font-weight:700" class="consulting-custom-title">challenge
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									<p>The biggest challenge was that Arguzo was not utilizing technology properly. Too much of the work was still being recorded manually, which meant that the numbers took a long time to note down and then to be analyzed. Live data was also not available and decisions can only be made after all the required data and been received. This was holding Arguzo back; they knew they could corner more of the market if they had the ability to be more mobile. The work addressed three critical issues for Pharm Ltd.:</p>
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<li><strong style="font-size: 14px;">Improve sales and operations and production planning:</strong><br />
The teams focused their efforts on a few of the highest-value S&amp;OP levers in order to review the current planning process, identify gaps in the planning infrastructure and analytically understand demand and supply variability.</li>
<li><strong style="font-size: 14px;">Determine the right inventory level:</strong><br />
With hundreds of medications in the market, Pharm Ltd. needed a proper method to predict and manage their inventory. Using a mean absolute percentage analysis (MAPE), the teams defined appropriate levels for raw materials and finished products by mapping actual versus forecasted sales on the most important SKUs.</li>
<li><strong style="font-size: 14px;">Optimize the supply chain for perfect order planning:</strong><br />
The diagnostic determined the stressors that affected sales and service levels. The teams focused on resolving issues related to higher-than-normal back-orders and lead times, which stressed the entire supply chain and led to delays in medications reaching consumers.</li>
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					<div class=" vc_custom_heading  consulting_heading_font  text_align_right" ><h3 style="font-size: 24px;color: #222222;text-align: right;line-height: 30px;font-weight:700" class="consulting-custom-title">solution
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									<p>The solution WP consulting came up with combined cutting edge technology with real world practicality. Everyone knew that the systems had to be updated, the real challenge was updating them without disrupting the whole organization in a negative way. The solution was to introduce proper workload management done through computers, while providing mobile platforms to the stakeholders.</p>
<p>This allowed the workers to be involved in the job instead of feeling like they had been made redundant by technology.</p>
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					<div class=" vc_custom_heading  consulting_heading_font  text_align_right" ><h3 style="font-size: 24px;color: #222222;text-align: right;line-height: 30px;font-weight:700" class="consulting-custom-title">results
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									<p>Arguzo employees are now more empowered; Arguzo also has the benefit of generating reports instantaneously whenever needed. They can now make decisions on the fly based on the latest real time data.</p>
<p>The effort vastly improved the company&#8217;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.</p>
<p>By the numbers, the effort:</p>
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<li><strong>Reduced lead time by 43%</strong></li>
<li><strong>Decreased variability by 50%</strong></li>
<li><strong>Lowered the risk of back-order by 95%</strong></li>
<li><strong>Increased stock for finished goods by 10%</strong></li>
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									<p><span style="font-size: 13px; line-height: 22px;">Contact us at the Consulting WP office nearest to you or submit a business inquiry online.</span></p>
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					<div class="testimonial"><p>Consulting WP really helped us achieve our financial goals. The slick presentation along with fantastic readability ensures that our financial standing is stable.</p>
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						<div class="testimonial-image"><img decoding="async" width="50" height="50" src="https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-50x50.jpg" class="attachment-consulting-image-50x50-croped size-consulting-image-50x50-croped wp-post-image" alt="theme_placeholder" srcset="https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-50x50.jpg 50w, https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-300x300.jpg 300w, https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-100x100.jpg 100w, https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-150x150.jpg 150w, https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1-320x320.jpg 320w, https://spstrategy.gr/wp-content/uploads/2024/11/testimonials-2-1.jpg 360w" sizes="(max-width: 50px) 100vw, 50px" /></div>
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							<div class="name">Amanda Seyfried</div>
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							Sales &amp; Marketing, Alien Ltd.							</div>
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