Schering-Plough Uses Demand Data for Supply Chain Optimization

Schering-Plough, a division of Merck, the second-largest pharmaceutical company in the world, selects LumiData's SOLYS demand intelligence software in an effort to gain better insight into consumer demand and optimized supply chain forecasting.

Schering-Plough has utilized SOLYS since November 2009. Ransom Stafford, president and CEO, LumiData, notes, "As a global leader in the healthcare market, itââ¬â¢s critical that Schering-Plough optimize its supply chain strategies and theyââ¬â¢ve selected SOLYS to assist them in doing so."

Further, Schering-Plough has a diverse selection of seasonal products. Seasonal forecasting can make or break a product's performance. SOLYSââ¬â¢ data compilation, automated reporting and customized dashboards now provide users with the tools they need to review historical demand data in order to better predict seasonal supply chain forecasts going forward.
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