Manufacturing Benchmarks in Pharmaceutical Operations

The pharmaceutical industry develops and produces medications for consumers to use. As the world's population continues to increase so does demand for medication, whether prescription or over the counter. As a result pharmaceutical companies must rely on Discovery Analytics™ to continue to produce high amounts of medications while still keeping costs and waste down.

From March to September 2009, Informance studied 725 global manufacturing operations worldwide. Researchers used The Informance Plant Reporting Module (including patented analytics) to collect data, derive insight and discover correlations to operational success of tactical and strategic actions. Below are some statistics from the Pharmaceutical segment of the study.

The Pharmaceutical and CPG industries share similar manufacturing characteristics. Informance has identified several opportunities for pharmaceutical manufacturers that will bring their performance closer to the levels of CPG operations. For more information, read our Pharmaceuticals Benchmark Study. Additionally, in March 2010, Contract Pharma published an article about how our analytics can be used to achieve operational excellence in the pharmaceutical industry.