Our Clients
The Indian pharmaceutical industry is poised to experience massive growth in the near future. The industry’s current value is $49 billion, making it the third largest pharma industry in the world. By 2030, it’s expected to reach $130 billion, and become the leading provider of medicines to the world.
Although Indian pharma companies have huge growth opportunities ahead, the major hurdles hindering their growth are revenue leakage and missed sales opportunities. If you are an Indian pharmaceutical company, overcoming these hurdles can significantly boost your bottom lines and accelerate your growth. aQb Solutions has built an innovative solution - Pharma 4.0 - to help you tackle these challenges effectively.
With our Pharma 4.0 solution, we collect your data, understand it, and analyze it, and come up with valuable metrics that shed light on what’s causing your revenue leakage and missed sales opportunities. The key metrics you get from our solution are:
Track your repeat buyers and highest buyers for every year. With these metrics, you can also identify your highest buyers across the years. Using these insights, you can create a loyal customer base and ensure customer satisfaction.
Based on the number of products a customer buys each month, our solution provides real-time demand forecasting, and helps you to track volatile customers that place bulk orders. Additionally, we help you keep your inventory logged at predicted zones to effectively capture bulk orders and lower the chances of missed sales opportunities.
We help you in forecasting real-time product demand by analyzing how many products are sold each year. We also help you in understanding the relationships between sales of various products, i.e., increase or decrease in a specific product’s demand with respect to the increase or decrease in another product’s demand.You can significantly lower the chances of missed sales by understanding this relationship.
Our solution helps you find the percentage of revenue you receive from selling a particular number of products, for a specific product. For instance, you may receive 70% revenue from selling 10% of a product, and less than 10% of revenue from the sale of 60% of a product. Understanding which products offer you the most revenue helps you minimize missed sales opportunities.
Based on the analysis of your data, our solution provides you key metrics from which you can derive insights on what’s causing your revenue leakage, and address the problems.
Our solution can understand the sales pattern for a particular product in a particular region and predict sales opportunities accordingly, thereby, helping you prevent any missed sales opportunities.
Leveraging the insights from our metrics, your pharma sales reps can effectively find loopholes in their sales strategies and make sales efforts that are more aligned with the results.
We understand our client’s business goals and specific challenges, and follow a strategic process to address them.
The key steps of our work process are:
Our team is well-versed with the pharmaceutical industry and gets an understanding of the unique challenges your pharma company faces. We have the technical prowess to address your challenges effectively.
Keeping your data secure is paramount to us. We ensure complete data security and privacy by following standard data security protocols. Rest assured that your data is in safe hands with us!
We have an experienced data analytics team that can help you derive valuable insights from your data, which can guide you to make the right business decisions. Achieve your milestones seamlessly with our expert data analysis.
We keep our clients updated about the work we’re doing throughout the project tenure, as we follow an agile work process.
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