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New Systems Infrastructure Yields Bottom Line Results
Challenge
Boehringer Ingelheim needed to integrate information across departments and create new processes for all U.S. locations to reduce operating costs while achieving compliance with strict FDA guidelines.
Solution
Built a new systems infrastructure, resulting in a single system supporting human resources, payroll, finance, accounts receivable, sales and marketing, and logistics that is compliant with FDA regulations.
Benefits
Gained visibility into all business functions and allowed management to evaluate and better manage employee and company performance:
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Reduced inventory with an estimated savings of over $2.5 million per year |
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An estimated annual savings of $9.5 million can be directly attributed to the project, but total savings could reach nearly $20 million per year |
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