Material Procurement | Reducing Lead Times by Over 50% for a Pharmaceutical Company – SpendEdge

How Effective Material Procurement Helped a Pharmaceutical Company to Reduce Logistics Costs By 35% – A SpendEdge’s Success Story

How Effective Material Procurement Helped a Pharmaceutical Company to Reduce Logistics Costs By 35% – A SpendEdge’s Success Story

The Business Challenge The client, one of the leading multi-billion-dollar pharmaceutical companies in the world, was facing predicaments in determining the optimal inventory for raw materials. Their material management process of ordering the raw material from suppliers was quite slow and needed to be placed well ahead of times due to long lead-times. This was […]

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