Strategic Sourcing at Pharmaceutical Organization

Client: A leading global contract development and manufacturing organization (CDMO) specializing in API and finished dosage form development and manufacturing, serving global clients from North America and Europe.

Challenge: The client needed to mitigate supply chain risks heightened by the COVID-19 pandemic, implement cost savings, and align procurement processes across multiple manufacturing sites in the U.S., Canada, and Europe.

Solution: We executed strategic sourcing initiatives, including spend cube creation, make vs. buy assessments, RFx bids, and finalizing MSAs/SLAs, leading to over $2M in cost savings, stronger supplier relationships, reduced supply chain risks, and streamlined operations.