{"id":17148,"date":"2023-11-21T11:50:58","date_gmt":"2023-11-21T10:50:58","guid":{"rendered":"https:\/\/www.predictland.com\/casos-de-exito\/sales-forecasting-and-inventory-optimization\/"},"modified":"2025-02-17T16:17:25","modified_gmt":"2025-02-17T15:17:25","slug":"sales-forecasting-and-inventory-optimization","status":"publish","type":"caso-de-exito","link":"https:\/\/www.predictland.com\/en\/case-studies\/sales-forecasting-and-inventory-optimization\/","title":{"rendered":"Sales forecasting and inventory optimization"},"content":{"rendered":"\n<p><\/p>\n\n<p class=\"has-medium-font-size\">PredictLand designs, for the pharmaceutical distributor Alliance Healthcare, a demand forecasting application, with the objectives of optimizing the availability of products in pharmacies, improving sales and reducing inventory costs.<\/p>\n\n<h2 class=\"wp-block-heading\">Customer<\/h2>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p><a href=\"https:\/\/www.alliance-healthcare.es\/\">Alliance Healthcare<\/a>, with an annual turnover of 1.4 billion Euros, is a leading global provider of services to the pharmaceutical industry.<\/p>\n\n\n\n<p>Alliance Healthcare in Spain has more than 40,000 references and more than 1,000 pharmacies in its Alphega network.<\/p>\n\n\n\n<p>It offers a wide range of solutions that span the entire healthcare business cycle, including clinical trials, product development, patient care, marketing and the healthcare supply chain.<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"452\" src=\"https:\/\/www.predictland.com\/wp-content\/uploads\/Alliance_Healthcare_logo.svg.png\" alt=\"Alliance Healthcare - Sales Forecasting and Inventory Optimization\" class=\"wp-image-11679\" style=\"aspect-ratio:2.6548672566371683;width:554px;height:auto\" srcset=\"https:\/\/www.predictland.com\/wp-content\/uploads\/Alliance_Healthcare_logo.svg.png 1200w, https:\/\/www.predictland.com\/wp-content\/uploads\/Alliance_Healthcare_logo.svg-400x151.png 400w, https:\/\/www.predictland.com\/wp-content\/uploads\/Alliance_Healthcare_logo.svg-768x289.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n<\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\">Challenge<\/h2>\n\n<p>One of the great challenges facing the pharmaceutical industry today is the lack of knowledge about the real needs of the pharmaceutical consumer and the difficulty in synchronizing the different processes involved in the value chain (manufacturing, distribution, delivery, etc.).<\/p>\n\n<p>Alliance Healthcare is interested in having an efficient demand forecast that will allow it to improve service to pharmacy centers and end-customer satisfaction. The solution should optimize product availability, reducing inventory costs and improving sales for both the pharmacy and the distributor. <\/p>\n\n<h2 class=\"wp-block-heading has-large-font-size\">Solution<\/h2>\n\n<p>PredictLand has developed an advanced Artificial Intelligence demand prediction model with <a href=\"https:\/\/www.predictland.com\/en\/ai-techniques\/machine-learning\/\">Machine Learning<\/a> and <a href=\"https:\/\/www.predictland.com\/en\/ai-techniques\/deep-learning\/\">Deep Learning<\/a> techniques. The innovation of the solution can contemplate all kinds of external data that can have an impact on sales, such as flu cases, data related to covid-19, weather, location of sales points, etc. <\/p>\n\n<h2 class=\"wp-block-heading has-large-font-size\">Results<\/h2>\n\n<p>With the results, Alliance Healthcare estimates an increase of at least 5% in the level of end-customer satisfaction, sales of 10% and savings of 15% in consumption, linked to optimized product lines and 4% in the cost of supplying pharmacies.<\/p>\n\n<p><\/p>\n\n<hr class=\"wp-block-separator has-text-color has-cyan-color has-alpha-channel-opacity has-cyan-background-color has-background is-style-wide\"\/>\n\n<p><\/p>\n\n<p>The project, called NEOFAR, has been supported by the Ministry of Industry, Trade and Tourism, as well as by the European Union through the Recovery, Transformation and Resilience Plan; and has received funding from the Ministry of Industry, Trade and Tourism within the support program for AEIs to contribute to improving the competitiveness of Spanish industry.<\/p>\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"163\" height=\"42\" src=\"https:\/\/www.predictland.com\/wp-content\/uploads\/logo1.png\" alt=\"\" class=\"wp-image-11684\"\/><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"132\" height=\"40\" src=\"https:\/\/www.predictland.com\/wp-content\/uploads\/logo2.png\" alt=\"\" class=\"wp-image-11685\"\/><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"116\" height=\"47\" src=\"https:\/\/www.predictland.com\/wp-content\/uploads\/logo3.png\" alt=\"\" class=\"wp-image-11686\"\/><\/figure>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PredictLand designs, for the pharmaceutical distributor Alliance Healthcare, a demand forecasting application, with the objectives of optimizing the availability of products in pharmacies, improving sales&#8230;<\/p>\n","protected":false},"author":2,"featured_media":16344,"menu_order":18,"template":"","class_list":["post-17148","caso-de-exito","type-caso-de-exito","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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