Global biotech transformation drives innovative medicine
Global biotech transformation drives innovative medicine
Global biotech transformation drives innovative medicine
Global biotech transformation drives innovative medicine
Client
A global biotech company
Sector
Life sciences
Project
Business transformation with SAP S/4HANA integration
Sustained excellence rests on leadership, innovation, focus, and detail. This $10 billion global leader in the field of biotechnology is on a mission to provide innovative medical solutions for patients with rare conditions. The company had rapidly grown both revenues and reputation through an emphasis on high product standards. Of course, rapid growth brings challenges. The organization faced dispersed global operations and regionally autonomous decision-making, global legacy IT applications with disparate business processes, requirements for scalable enterprise resource planning (ERP) solutions, as well as qualitative mandates to achieve sustainable leading-practice levels of reporting, metrics, and analytics for operations and performance.
KPMG was with our client all of the way on this global transformation initiative. Tackling thousands of details for more than three years, KPMG has helped reimagine and transform these global functions and the organization for long-term growth, allowing our client to continue its relentless pursuit of providing breakthrough medical therapies for patients whose lives depend on them.
This years-long effort to achieve sustainable business excellence is expected to deliver annual benefits at 1% of revenue and position the company for further growth.
KPMG collaborated with our client on this three-year, “process-led, process-first, process-driven” program, in order to achieve sustainable business excellence. KPMG:
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KPMG has advanced our client’s commitment to life sciences industry leading practices so that they can fulfill their promise to patients by aligning their processes and enhancing collaboration to achieve sustainable business excellence. Specific benefits include:
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KPMG leverages the collective experience of over 2,400 SAP-trained professionals to help clients harness the capabilities of S/4HANA to enable their business transformations.
We realize that in order for our clients to achieve true business value from their SAP S/4HANA investments, we need to help foster a transformational mindset and approach, as opposed to solely a technology implementation mindset.
Account-to-report (ATR), order-to-cash (OTC), plan-to-inventory (PTI), integrated business planning (IBP), and source-to-pay (STP), as well as tax, governance, risk, compliance, and controls including indirect/direct tax, global trade and customs, and operational transfer pricing (OTP), further round out our extensive business process and technology knowledge and experience, enabling even stronger business returns.