Leading Biopharmaceutical Company Saves $2 Million with JAGGAER & Science Exchange
In the pursuit of discovering and developing innovative medicines for untreatable diseases, a Fortune 500 biopharmaceutical company saw a need to improve efficiencies within their Research & Development team. They addressed their challenges by implementing Science Exchange via punchout integration with their existing JAGGAER eProcurement solution.
The solution joins JAGGAER with Science Exchange, the leading marketplace for outsourced R&D, all at no additional cost, and allowed the top-10 biopharma company to save on over 350 orders, saving over 20,000 hours in project initiation, 3,500 research hours, and more.
We know that outsourcing scientific services is necessary for advancing research and development, and that R&D procurement can be fragmented and difficult. See how our solution simplifies the R&D process and maximizes savings.
In our case study, Top 10 Biopharma Saves $2 Million with New Solution from JAGGAER and Science Exchange, you’ll see how this company:
- Found cost savings of over $2 Million
- Leveraged JAGGAER and Science Exchange on over 350 orders
- Achieved faster project initiation by 3 months
- Saved 1,000 hours for procurement teams, 750 hours for legal, and 3.500 hours for researchers