As competition continues to heat up in the medical device industry, manufacturers need to deliver greater value than ever to survive and thrive. Selling more devices is a start, but optimizing spend management to realize savings is rapidly becoming a core business priority, and one that puts procurement organizations in the spotlight.
Learn how GEP helped a $20-plus-billion Fortune 100 healthcare company realize its goal of becoming a best-in-class, lean, efficient and scalable procurement organization to lay a solid foundation for increased efficiency gains and double-digit procurement savings. This procurement transformation project highlights how GEP enabled the client’s procurement function to leverage volume-based negotiations, category management, supplier relationship management and an optimized workforce on the path to realize higher savings.
A must-read for procurement professionals looking to drive higher value and savings through procurement transformation projects.