"Implementing AI for New Business Models and Efficiencies" - Parag Shrivastava, Mckesson
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Parag Shrivastava, Senior Director at McKesson Corporation, discusses the implementation of AI to create new business models and enhance efficiency, focusing on customer engagement and cost optimization. Key areas include pharmacy services, data integration, and model development using various analytical techniques. The document emphasizes the need for executive buy-in and iterative processes for successful AI solution deployment.
"Implementing AI for New Business Models and Efficiencies" - Parag Shrivastava, Mckesson
- 1. Implementing AI for New Business Models and Efficiencies Parag Shrivastava Senior Director, Enterprise Data Architecture McKesson Corporation 1
- 3. About McKesson Corporation* 3* Source: Investor Presentation| J.P. Morgan Healthcare Conference | Jan 8th 2019
- 4. AI brings strong total opportunity case It enables both, new revenue, and cost savings CUSTOMER FOCUS 4
- 5. Customer focus increases relevance 5 Belongingness Freedom Business to Consumer/ PatientBusiness to Business Growth Costs
- 6. Growth Business Use Cases AI enables new models of engaging consumers 6 Pharmacy Omnichannel experiences Product Planning Clinical Decision Support
- 7. Framework for AI Build AI solutions – lessons learned 7 Models AdoptionData Use Cases Pilot Ops Integration Data Hygiene Data Integration Executive Buy-in Value Driven Iterative Incremental win
- 8. Summary 8 Business Areas Sample Optimization/ Use Cases Lessons Learned Model Development • Procurement • Inventory • Distribution • Patient Retail • Cost Optimizations • Reducing Returns • Shipping and Tracking • Patient Engagement • Data Hygiene • Data Rights • Data Security • Large Data • Exploratory Data Analysis -EDA • Data Tagging • Generalized Linear Models, Clustering, Cross Validation, Model Optimizations • Ideation • Business Engagement • Prototyping • Using Python • Automation • Other tools • Models • Pipelines • Reusable models for tagging, matching Pharmaceutical Clinical Medical Surgical KeyOutputsServicesProducts
- 9. Thank you! Q & A parag.shrivastava@mckesson.com 9