Procurement Consultancy Services

The Client

Japanese Pharmaceutical Company in Global transformation mode

The Challenge

Required to deliver Cost, Cash& Compliance improvements

•  Required to deliver >6.7% savings on both direct & indirect spends

•  Improve cash flow by increasing supplier payment terms

•  Produce a local procurement policy to ensure compliance with global procurement & finance policies

•  Engagement & alignment with global Procurement transformation

•  Cost management procuring two CAPEX projects to build 2 new facilities

The Solution

  • Engagement with Global Group (Japan & European site leaders)

  • Alignment with Global Procurement (local plan more advanced than Global Procurement plan)

  • Became a key member of the Global Procurement team

  • Annual budget management more than €500m that delivered an additional 3.5% savings locally on key spends

  • DPO program delivered 26 days of increased credit

  • CAPEX Budget enhancement of 17%

  • CAPEX Cost savings of 9.9%