Plot your course to keep your competitive edge in the Life Sciences Industry.

Your business needs a smarter, more flexible way to respond to changes in technology, in the life sciences industry and in your business. We can help you create a dynamic technology roadmap designed to help you pivot and adapt quickly.

plot your course digital transformation

Transformation based on large-scale projects is inherently flawed.

Flexibility is more important than ever for businesses operating in the digital economy. That’s why traditional methods based on implementing large-scale technology projects no longer work.

Today’s challenges demand smaller projects that can spin up fast, with the flexibility to adapt to new priorities. When business conditions change, your business has the ability to pivot and refocus.

new digital strategy life sciences industry

Why Life Sciences Needs a New Digital Strategy

Although most life sciences businesses had already started down the path toward digitally transforming, the impact of the pandemic has created a greater sense of urgency. Seemingly overnight, pharmaceutical and medical device companies saw a significant surge in demand – all while struggling to address supply chain disruptions and adjust to production capacity issues and workforce constraints.

As they work through these issues, life sciences businesses will likely put a greater focus on digital technology to ensure they are better prepared to handle future disruptions. But the traditional approach to digital transformation, based on large-scale implementation projects, will not work. Today’s environment requires a nimble approach that allows a business to pivot and refocus as business conditions change.

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Change Your Approach. Not Your Priorities.

NTT DATA Business Solutions consultants with deep knowledge of the life sciences industry and SAP technical expertise work with your business to get a full understanding of your challenges, threats and opportunities. This analysis is used to identify your best opportunities to benefit the business, and a preliminary roadmap is created and prioritized to address the most urgent needs first.

business lifecycle

How Mature is Your Business?

NTT DATA Business Solutions offers an Industry Insight Discovery workshop that is designed to stack-rank your business against peers in the life sciences industry. Based on this analysis, we provide recommendations for your business to address gaps and get your business on the technology curve. Output from the analysis includes:

  • Presentation of your strategic roadmap
  • KPI identification and solution benchmarking
  • Positioning your business for optimization through leveraging SAP solutions

Request an Insight Discovery Workshop

What Drives Value for the Life Sciences Industry?

Agility

  • Improve on-time delivery performance
  • Reduce days to close annual books
  • Reduce time to market for new products

Confidence

  • Reduce audit cost
  • Reduce risk of quality non-compliance
  • Reduce non-compliant services spend

Effectiveness

  • Improve days payable outstanding
  • Improve overall equipment effectiveness
  • Improve sourcing savings on direct spend
  • Improve sourcing savings on indirect spend
  • Improve tactical sourcing savings
  • Increase cash forecast accuracy
  • Increase financial forecast accuracy
  • Reduce days in inventory
  • Reduce days sales outstanding
  • Reduce revenue loss due to stock-outs
  • Reduce unplanned downtime or outages
  • Reduce warranty cost

Efficiency

  • Increase service contract renewals
  • Increase service revenue from new business models
  • Optimize research and development expense
  • Reduce inventory carrying cost
  • Reduce overall supply chain planning cost
  • Reduce product compliance cost
  • Reduce service and support cost
  • Reduce total logistics cost
  • Reduce total manufacturing cost
  • Reduce transportation spend

Experience

  • Improve customer satisfaction
  • Improve targeting of training
  • Improve time to full productivity of new hires
  • Increase employee engagement
  • Reduce customer churn
technology roadmap

Let's build your roadmap, together.

Our Industry Solution Principals bring unique insights into the processes and requirements of your industry. We understand the dependencies, limitations and opportunities of todays’ and tomorrow’s technologies, and will bring the best of SAP’s industry innovations to add value for your business.

Together, we’ll build a roadmap designed to help you tackle your most urgent business challenges, with the flexibility to reprioritize as business conditions evolve.

Ready to Get Started?

Let us know when you’re ready to explore building a dynamic roadmap tailored for your business.

We’ll take a deeper dive and build the best roadmap for your business, together.

Get in touch.

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