Capacity Planning in the Biopharmaceutical Industry
Phil Beccue, White Deer Partners
Jan 11, 2017 (SDP Webinar Invited Talk)
Making long-term commitments with large capital investments in biological manufacturing facilities requires a careful balancing of supply and demand. Decision-makers struggle with two competing issues: the risk of under-supply that results in lost value to patients, profits, and brand reputation; and the possibility of over-supply that results in underutilized assets. Forecasting demand for 20 years, a key element for these decisions, is highly uncertain due to external competition, internal cannibalization, and disruptive technologies. Our team recently employed decision analysis techniques to bring confidence on the best path forward for meeting product demand and maximizing long-term value to the business.
This webinar will inspire newer DA professionals and advanced students with practical ideas to:
- Help business leaders move from deterministic to probabilistic thinking
- Employ tornado sensitivity analysis to focus attention
- Simplify complexity for busy managers with short attention spans
- Achieve unbiased forecasts from biased experts
Click on the file below to hear a sample of the presentation.