Forecasting

Precision in forecasting is a critical pre-requisite in Life Sciences, without which an organization risks missing market opportunities, getting the pricing wrong or misallocating resources. However, distilling insights from multi-sourced data is tricky and enterprises need the right techniques and talent for effective forecasting.

WNS delivers comprehensive forecasting services to global Life Sciences companies through best-in-market technologies, advanced disease modeling and knowledge of country nuances and therapy areas. WNS’ AI/ML-led, cloud-based forecasting platform enables the construction, collation and consolidation of insights for strategic planning and budgeting. The platform offers customizable modules and reporting frameworks and is equipped with Monte Carlo simulations for quick and accurate results.

5,300+ forecasts

delivered in the
last 5 years

150 resources

with Life Sciences
forecasting expertise

600 resources

with expertise in
quantitative methods

460+ projects

delivered annually across
various business portfolios

All major

therapeutic areas
covered

5,300+ forecasts

delivered in the last 5 years

150 resources

with Life Sciences forecasting expertise

600 resources

with expertise in quantitative methods

460+ projects

delivered annually across various business portfolios

All major

therapeutic areas covered

Our Services: Sharper Visibility, Reliable Results

Supporting forecasting across the entire product lifecycle including pre-launch, launch and in-line that drives collaboration, compliance and knowledge management

Pre-Launch Assessment

Disease forecast
Opportunity assessment
Business development and licensing assessments

Brand Maximization

Indication extensions
Phase IV planning
Geographic extension
Channel optimization
Share retention
Portfolio consolidation
Pricing strategies

Launch Forecasting

Launch planning and optimization
Field force planning
Go / no-go decisions
Risks / opportunities assessment
Go-to-market strategies
Promotional mix plans

Business Planning Support

Brand planning / strategic plan
Corporate forecast
Financial forecast and budgeting
Market share objectives
Technical (manufacturing)
planning
Demand and capacity planning

Impact Stories in Forecasting

Client: Global Pharmaceutical Giant

Client requirement: To develop a fact-based robust forecast using a customized model for each brand/portfolio, as well as to facilitate stakeholder review and alignment. In addition, the client wanted forecast analyses to create presentations for senior management review.

Business Impact:

Delivered validated and well-aligned forecasts in standardized formats for all target markets and products as per the defined schedule

Facilitated effective senior leadership review and swift implementation of feedback

Client: EU-based Pharma Company

Client requirement: To create models to forecast the units and sales across EU, including customizations at a regional level, patient forecasts, event-based calibrations and defining key drivers and the impact of any event.

Business Impact:

Forecasted sales and patients for a rare disease across the European region

Client: Global Affiliate Pharma Major

Client requirement: To design forecast models and assist in the overall forecasting process to shape the client’s product strategy across the US, EMEA and APAC.

Business Impact:

Managed the client’s forecasting practice globally and enabled the generation of precise sales and patient forecasts

The WNS Advantage

Domain expertise with 15+ years of experience in forecasting and commercial analytics in Life Sciences
Skilled resource pool of researchers, forecasting experts, statisticians, data scientists and modelers
Experience in forecasting, having delivered 5,500 forecasts for more than 450 products across 100+ markets
Co-create innovative futuristic solutions with our dedicated “Innovation” team of 50+ members
Proprietary forecasting platform that enables aggregation and dissemination of forecasting information and assumptions for a wide range of stakeholders

Pharma Forecasting

Enable Accurate Forecasting for Inline and Pipeline Products with AI/ML- Powered Predictive Intelligence

5,300+ forecasts

150 resources

600 resources

460+ projects

All major

5,300+ forecasts

150 resources

600 resources

460+ projects

All major

Our Services: Sharper Visibility, Reliable Results

Pre-Launch Assessment

Brand Maximization

Launch Forecasting

Business Planning Support

Impact Stories in Forecasting

Client: Global Pharmaceutical Giant

Client requirement: To develop a fact-based robust forecast using a customized model for each brand/portfolio, as well as to facilitate stakeholder review and alignment. In addition, the client wanted forecast analyses to create presentations for senior management review.

Business Impact:

Client: EU-based Pharma Company

Client requirement: To create models to forecast the units and sales across EU, including customizations at a regional level, patient forecasts, event-based calibrations and defining key drivers and the impact of any event.

Business Impact:

Client: Global Affiliate Pharma Major

Client requirement: To design forecast models and assist in the overall forecasting process to shape the client’s product strategy across the US, EMEA and APAC.

Business Impact:

The WNS Advantage