The Biotech and Pharmaceuticals industry is facing clear challenges as growth and profitability expectations continue to increase. Everything from pricing pressure, M&A actions to drive synergies, and changing regulatory environment, to operational issues around supply chain and manufacturing are driving biopharma companies to adjust their operational model. In addition, the COVID-19 experience has clearly highlighted gaps in crisis response and supply base agility that need to be addressed.
How We Help Our Clients
We bring Argo’s worldwide experienced and success across many life sciences segments to each client engagement. Our focus is always to achieve and sustain superior levels of performance through:
Improve equipment and process throughput – meet changing revenue streams and backlog
- Improve overall equipment effectiveness (OEE) of bottleneck equipment to drive more throughput
- Improve overall labor productivity – eliminate process waste and balancing operations
- Continuous improvement techniques for labor involvement
Supply Chain optimization – disciplined review of manufacturing and distribution network, logistics excellence, and enterprise SIOP
- Cold chain logistics and liquids shipping
- Logistics network analysis including cross border operations
- Warehouse and DC network optimization
- Packaging excellence – avoid labeling / packaging errors due to complexity and manual processing
- Evaluation and setting-up efficient cross-border labor intensive operations
- CRO / CMO management and optimization
Procurement Excellence – purchasing strategy, sourcing and vertical integration perspective
- Make/buy strategies to develop a plan for every part (PFEP)
- Strategic localization vs globalization – regional purchasing of materials and services to economic zone (America’s, Europe, Asia) for self-sufficiency
- Master service agreement (MSA) deployment to CMO / CPO / CRO Management
Quality and FDA compliance
- Standardization of testing and quality management for new products
- Preparation of Quality Playbook and Best Practices
- Lab work and routines process optimization
- Yield maximization and process stability using 6 Sigma method
- Digitization for standardization and sustainment
Merger and Acquisition Planning and Integration – real capture of synergies for long term value
- Sell side / buy side operational due diligence, including the setup and management of “clean teams”
- Design and set-up of integration teams and plans (command center set up)
- Operational synergies evaluation and on-time execution
- Program Management – tracking of integration effectiveness, financial & operational plan stewardship, coordination of advisors (legal, financial, other)
- Asset deployment analysis to eliminate redundancies (eg. Footprint rationalization)
- Management Team alignment and coaching