Global Pharmaceutical Giant Improves Productivity and Profitability
Optimizing internal efficiencies and savings through procurement
Inefficiencies were eating away at a pharmaceutical giant’s productivity and profitability. It needed a configurable eProcurement marketplace that would maximize user adoption and contract compliance, complete with a large number of hosted and punch-out supplier catalogs. The organization enabled 70 supplier catalogs with company-negotiated pricing for more than 1 million items in the first 90 days alone, and configured and managed site-specific environments so that regional administrators could manage their own catalogs and users.
Read the success story to find out how the pharma giant:
- Integrated real-time product availability for key suppliers and local inventory
- Increased contract compliance and controlled laboratory spend
- Cut approval times from three days to just minutes