CASE STUDY

Supply Chain Risk Analysis Helps a Biopharmaceutical Client Streamline Their Procurement Functions

Oct 18, 2017

Category Overview

Over the years, the biopharmaceutical industry has been facing increased pressure from the end-user segments to develop medicines to prevent and cure diseases effectively. Additionally, establishments across the biopharmaceutical industry have been forced to bridge the demand-supply gap owing to the rise in customer demands and expectations. Through a robust supply chain risk analysis, leading firms in the biopharmaceutical industry can reduce supply disruptions and longer lead times. Also, firms operating in this industry space can gain better visibility into their supply chain processes and increase their performance.

Moreover, SpendEdge’s supply chain risk analysis help leading procurement establishments in the biopharmaceutical space to comprehensively collect, analyze, and manage supplier information.

The Procurement Pain Point and Insights Offered

A global biopharmaceutical industry client was facing predicaments in understanding the supply structure and the typical risks associated with them. As a result, they wanted to understand the risks that are likely to impact the profitability of the business, supply trends, and forecasts across the supply chain. Additionally, the client wanted to ensure robust production and delivery competencies and cut down issues related to sales losses.request free proposal

With years of proficiency in offering a wide range of procurement and sourcing solutions, SpendEdge’s supply chain analysts carried out a blended research methodology, which included primary and secondary research coupled with quantitative and qualitative data collection methodologies to address the client’s business issue.

During the course of this supply chain risk management study, the biopharmaceutical industry client was able to categorize and mitigate risks associated with supply chain functions. Furthermore, the client was able to comprehensively collect, analyze, and manage supplier information and gain insights into the potential financial issues in the industry space.

Fundamental questions answered in this supply chain risk analysis study include

BiopharmaceuticalBusiness Outcome

The supply chain risk engagement helped the client identify potential threats and devise effective strategies to gain better visibility into the contract, spend, and compliance management. Additionally, the client was given real-time strategic insights into the risk factors affecting their growth.

Want to know more about our supply chain risk analysis solutions for the biopharmaceutical industry?

request free proposal

Recent Case Studies

Industries

Services

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars