Stabilizing digital operations to support rapid manufacturing scale while reducing downtime risk, release friction, and avoidable replacement costs.
Situation:
With the impact of climate change being felt increasingly around the world, many companies have embarked on sustainability initiatives intended not only to reduce their carbon footprint but also to save costs, attract investors, strengthen competitiveness, and meet regulatory requirements.
One such company is a global biopharmaceutical firm on the S&P 500 specializing in antiviral drugs. The company’s leaders had set ambitious goals to reduce greenhouse gas emissions, minimize water usage, reduce waste, achieve carbon net-zero operations, and fully transition to renewable energy at its development and production sites by 2030. To meet that target date, the firm needed to implement a sustainability plan in short order.
Challenge:
The effort began with an energy assessment and analysis of the company’s U.S. research and production facilities. This involved delving into historical data to gain insights regarding energy and water consumption patterns, costs, and the carbon footprint. The objective was to pinpoint areas of inefficiency and uncover opportunities for improvement. This initial phase would encompass the following steps:
- Data integration
- Data exploration
- Summary statistics of metrics and KPIs
- Data visualization
- Raising awareness
Upon completion, these steps would lay the groundwork for subsequent phases, such as predictive and prescriptive analytics, to gain a deeper understanding of what is likely to occur and suggest appropriate action. This would involve forecasting energy usage and predictive maintenance to avert downtime, production losses, and unexpected costs. Additionally, it would provide actionable insights and recommendations to prevent the recurrence of issues.
Outcome:
With the implemented analytics solution, the company has gained an approximately 65% enhancement in visibility and clarity in its energy consumption and spending. This capability ensures consistency in energy management practices across all sites. Furthermore, it empowers the organization to explore investments in more energy-efficient technologies, a transition to renewable sources, as well as fostering awareness throughout the company.