An X-ray view of your business processes
Processes that have been developed over many years are usually characterized by inefficiencies and process breaks that have a negative impact on productivity and costs. The more complex the processes and the underlying IT systems, the more difficult it is to identify the root causes of issues using conventional methods. Process mining offers a highly effective approach to uncovering and effectively eliminating weak points in the process.
msg industry advisors support companies in the life sciences and chemical industries in systematically leveraging potential in their core processes. We accompany you from the selection of use cases and the analysis of potential process weaknesses to the sustainable implementation of suitable corrective measures.
Balance sheet optimization in core processes
When applied correctly, process mining makes a direct contribution to optimizing a company's key financial figures, such as EBITDA, cash flow or return on capital employed (ROCE). By identifying and eliminating process bottlenecks, companies can also increase process throughput and make more efficient use of scarce human resources. By automating the analysis of process data across all systems, it is not only possible to identify inefficiencies in real time, but also to precisely quantify the resulting business impact. In this respect, process mining can be applied to all business processes within the company.
On the basis of the identified shortcomings and their causes, it is possible to prioritize use cases as well as necessary measures to implement intelligent automation solutions aimed at reducing process bottlenecks. To ensure long-term success, these solutions should be incorporated into a holistic approach for data-based process optimization, which includes the continuous monitoring of relevant KPIs in addition to the analysis and implementation of measures.
Our Capabilities
msg industry advisors use process mining to identify potential cost and effort drivers in key business processes and realize efficiencies through intelligent process automation.
We work with you to evaluate the possible applications and potential that you can achieve through the use of process mining.
Our experts identify inefficiencies and root causes in your processes and determine the business impact.
We derive optimization measures and implement them as part of an action plan.
We conduct training to increase organizational acceptance and continuously measure and manage value generation.
Our team takes on the implementation and development of a Center of Excellence for the sustainable anchoring of efficiency initiatives in your company.
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Overcoming the shortage of skilled labour in purchasing
Today, the chemical industry is facing a double challenge: a growing shortage of skilled labour and the need to increase efficiency in end-to-end processes.
The path to efficiency through process mining
Global market dynamics demand unprecedented adaptability and strategic innovation from companies in order to secure their competitive position. Particularly in purchasing, different systems and their interfaces often lead to efficiency losses.
Achieving quick wins
Imagine being able to recognise in real time where resources and therefore money are being wasted in your company. The use of process mining for the chemical and pharmaceutical industry makes exactly that possible.
End-to-end support for your process mining project
Together, we leverage efficiency potential along your central business processes. Discover with us the many possible applications of state-of-the-art process mining tools.