Explore the transformative journey of a leading pharmaceutical company, achieving unprecedented procurement efficiency
3,100 hourssaved annually through procurement optimization
Case study
Impact
hours of work
saved annually for 13 employees
0001
01 %
procurement process acceleration
Challenge
01
The pharmaceutical company's procurement department was slowed down by a range of inefficient and time-consuming processes. Their workflows were based on manual actions, leading to delays and inaccuracies. Сompany's ability to effectively manage its supply chain and operational costs was affected by inefficiencies in key areas of their processes, such as contract management to logistics coordination and data handling.
The company used the Task Mining technology to closely examine their procurement processes. This thorough analysis uncovered several areas for improvement. The procurement department focused on automating payment requests, streamlining contract management, and enhancing the process of updating supplier prices. Additionally, they optimized transportation ordering and made the file export/import process more efficient. Enhancements were also made to product sourcing on procurement platforms.
Solution
02
The implementation of Operavix has led to significant results, reflected in tangible metrics. With 3,100 hours cut down annually, 13 employees have experienced a substantial reduction in manual tasks, leading to more streamlined processes. Optimizations such as order processing and vendor communications led to the procurement cycle being accelerated by 17%.
Outcome
03
“
“
Robert Jensen
Chief Procurement Officer (CPO)
Operavix made a huge difference for our procurement team. It helped us streamline payment requests, contract management, and supplier coordination. Now, the process is fully transparent for management, and almost every single decision we make is based on objective data, leading to more efficient and accurate procurement processes.