Case Study: Bristol Myers Squibb achieves faster, AI-driven sourcing with Globality

Fortune 100 Pharmaceutical Company cuts RFP cycle time to 27 days with Globality

Bristol Myers Squibb (BMS), a Fortune 100 pharmaceutical company, sought to transform its procurement operations from manual processes to an AI-driven execution model. Their goal was to accelerate sourcing cycles, expand capacity without increasing headcount, and deliver a measurable return on investment. To achieve this full transformation, BMS selected the autonomous sourcing platform from vendor Globality.

Globality's solution was implemented in just a few weeks, requiring minimal training and enabling rapid adoption across the organization. The platform allowed BMS to run ten times more sourcing events, dramatically reducing RFP cycle time from 6-9 months down to 27 days. This enabled BMS to manage over $1 billion in spend within 10 months, delivering instant savings that helped self-fund its broader digital transformation and establish its procurement team as a strategic AI leader.

Fortune 100 Pharmaceutical Company