From Data Chaos to Clarity: How Texve Helped a Fortune 100 Pharmaceutical Overcome Data Challenges with Power BI
About the Client
A Fortune 100 Pharmaceutical company based in Japan, the client is one of the largest pharmaceutical firms globally, ranking 3rd in Asia and among the top 20 pharmaceutical companies by revenue. With its IT division headquartered in Singapore, the company is renowned for its extensive portfolio in medicines and clinical trials.
Industry
Pharmaceuticals
Technology Used
Power BI
The Challenge
The client faced significant challenges due to the massive and complex nature of their sensitive customer, patient, and clinical data. The key issues included:
Complex Sales Reporting
Handling and reporting on large volumes of data for sales and forecasting proved challenging.
Data Management
The vast amount of data required a holistic solution for accurate reporting at various levels.
Forecasting Difficulties
Accurate forecasting was hindered by the complexity of data and lack of integrated reporting tools.
the solution
To address these challenges, we implemented a structured approach using Power BI:
Data Consolidation
Created a structured data pool by segregating and identifying data dependencies.
Power BI Integration
Utilized Power BI’s advanced analytics capabilities to generate comprehensive reports and dashboards.
Advanced Dashboards
Consolidated data into advanced dashboards providing a holistic view for management, enabling accurate decision-making and forecasting.
Results
Enhanced Data Management
Centralized data repository improved accessibility and streamlined management.
Holistic Data View
Unified platform provided management with a comprehensive view of all data.
Improved Decision Making
Advanced analytics delivered actionable insights, enabling more informed strategies.
Optimized Sales Performance
Increased sales team productivity by providing valuable insights.
Accurate Forecasting
Achieved precise forecasting through detailed product-level analysis, enhancing planning and strategic decision-making.