STADA Arzneimittel AG is an international group of companies, operating in the global pharmaceutical market, and their products are sold in over 130 countries.
With the help of business intelligence, STADA has been able to improve various aspects of their operations, including:
Sales and Receivables Analysis
- Plan-fact analysis of sales
- Analysis of customer receivables
- Dashboard for managers to monitor sales performance
- Customer demand forecasting to optimize inventory management and ensure product availability
Stock Analysis
- Calculation of allowance for inventory write-offs in compliance with IFRS
- Analysis of inventory balances and movements
- Forecasting of write-off balances based on sell-by date and sales plan
- Alert mailing list creation to prevent discarding expired stock
Personnel Analysis
- Analysis of the composition and structure of company personnel
- Analysis of staff flow and availability
- Analysis of payroll and remuneration
- Evaluation of personnel recruitment practices
- Analysis of staff training hours, cost, and impact on personnel performance
With these BI tools, STADA has been able to make data-driven decisions to improve their sales, inventory management, and human resources practices.