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Ariba Spend Management for the Pharmaceutical Industry

PublisherAriba
Format40.9KB PDFDate added29 Dec 2004
Topics Procurement and Sourcing, Cost Control - Risk Mgmt.
Downloads128

Ariba Spend Management solutions allow pharmaceutical companies to automate and streamline every step in the sourcing and procurement process; from spend analysis to negotiation to supplier selection to payment. Procurement and sourcing professionals can source more categories, build closer relationships with key suppliers, and negotiate more advantageous contracts. Whether for sourcing and purchasing strategic items such as packaging, capital equipment, and intermediate and specialty chemicals, or for non-strategic products and services such as lab supplies, temporary labor, and marketing materials, the Ariba solution enables companies to realize significant process efficiencies and obtain better prices, reducing materials costs by as much as 15 percent.

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