An expanding global presence led to an internal battle for PCI Pharma Services as it worked to manage procurement costs. As PCI grew, they struggled to accurately track competitive bids and account for bandwidth challenges of the teams. Despite seeing growth across the company, PCI continued to seek ways to achieve bottom-line savings, meet preset goals, and relieve the workload buyers faced with manual bidding policies. The key for PCI was found in automating the process with an intelligent, automated procurement platform. By implementing a digitized solution, PCI’s suppliers achieved seamless connection with buyers which drove down costs and saved the company millions in sourcing events.

Contributors: Fairmarkit, PCI Pharma Services
Categories: 2021 Spring - Digital, Summit Presentations
SRC Type: eSourcing and Tools, Procurement Operations