Pharma procurement
Up to 10% procurement savings identified at a mid-sized pharma exporter
Savings opportunity of up to 10% identified across direct materials.
Client
Mid-sized Indian pharmaceutical manufacturer with global exports, approximately USD 150 mn spend.
Challenge
Fragmented API and packaging spend across 120+ suppliers, limited benchmarking, manual sourcing, and no global pricing intelligence.
What LightSapien did
- Spend diagnostics with index-linked benchmarks
- Should-cost models for 20+ APIs and packaging SKUs
- Category strategy and supplier segmentation
- Procurement dashboards
- Managed procurement with dedicated buyers
Results
- Savings opportunity of up to 10% identified across direct materials
- Mid-single-digit cost reduction realized within six months
- Procurement cycle time cut by roughly a third
- Index-linked contracts for volatile APIs
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