Case Study: Global Pharmaceutical Company achieves $60,000 annual savings per facility with Avetta

Global Pharmaceutical Company Recognizes Annual Savings of $60,000 Per Facility with Avetta

Global Pharmaceutical Company, a 28,000-employee, research-based biopharmaceutical firm with strict OSHA-driven safety standards, faced a ballooning administrative burden managing several hundred contractors, tracking thousands of compliance documents, and monitoring expiring insurance and certifications. To avoid hiring additional staff, the company evaluated supply chain risk management providers and selected Avetta, using services such as Supplier Prequalification and Insurance Monitoring to centralize contractor compliance.

Avetta implemented a single, web-based platform with an easy-to-read flag system and dashboard so buyers can verify contractor status, require enrollment, and streamline PO issuance. The Avetta solution eliminated paper files, improved two-year EHS review consistency, spurred contractors to strengthen safety programs, and reduced administrative effort—delivering about $60,000 in annual operational savings per facility (equivalent to one full-time hire) while improving supplier sourcing and overall compliance.