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The Cloud is Spectacularly Transforming the Manufacturing Sector

Smart Data Collective

By adopting cloud-based machine management, you can monitor all of your manufacturing machines and their productive output in real time, from any place. For example, the pharmaceutical company Pfizer has recently been leveraging cloud computing to completely reengineer its complicated global supply chain. Greater Visibility.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

ElegantJ BI

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Business Benefit: The business can make use of these forecasts for better planning of drug production and accuracy of sales targets.

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What is ARIMA Forecasting and How Can it Be Used for Enterprise Analysis?

ElegantJ BI

Business Problem: A pharmaceutical company wants to predict the sales of a drug for the next two months, based on drug sales data from the past 12 months. Business Benefit: The business can make use of these forecasts for better planning of drug production and accuracy of sales targets.

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15 Best Pharma KPIs and Metric Examples for 2021 Reporting

Insight Software

What is a Pharmaceutical KPI? A pharmaceutical key performance indicator (KPI) is a quantifiable measure that is used to monitor a pharmacy’s performance. In the pharmaceutical industry, the goal is often ensuring good patient health while staying profitable. How to Identify the Right Pharmaceutical Metrics.

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Top 17 Real-Life Predictive Analytics Use Cases

Marutitech

As you can never predict for one hundred percent what the future might hold, some practices come close to help you with the plans for the future. Key Industries : Banking, Pharmaceutical, Automotive, Retail, Insurance, Telecommunications, Utilities. 4. Key Industries : Health sectors, Pharmaceuticals. Next Best Action.

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Blockchain-based Platform for COVID-19 Vaccine Traceability

GAVS Technology

While tracking the supply chain of any commodity in general and pharmaceutical products, in particular, is always complex, the COVID-19 vaccine poses tougher challenges. Even before the pandemic, Blockchain with its built-in ability to provide transparency across stakeholders has been a major platform for pharmaceutical traceability.

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How Can Manufacturing Data Help Your Organization?

Sisense

Furthermore, actionable insights derived from data both before and during production can be used to plan and hone the manufacturing process, and enhance many operational aspects. Data can also be used to calculate the probabilities of delays, to identify, develop and implement backup plans.