Case Study: Global Pharmaceutical and Life Sciences Company achieves $3.5M savings and 30% supplier consolidation with JAGGAER

Single Complex Sourcing Event Saves Fortune 500 Life Sciences Company $3.5 Million Across Distributed Business Units

Global Pharmaceutical and Life Sciences Company, a Fortune 500 firm with about 150,000 employees and $50B in annual revenue, faced fragmented sourcing across U.S. business units that prevented sharing supplier data, best practices, or consolidated pricing for a standard truckload event. The company engaged JAGGAER and its advanced sourcing optimization solution to unify data and enable a combined, apples-to-apples sourcing process across divisions.

JAGGAER ran a guided event that standardized supplier and lane data in under a month, managed two bidding rounds, centralized awards and reporting, and gave suppliers direct access to results. The implementation delivered measurable impact: nearly $3.5 million in savings (over 9% cost reduction), a 30% reduction in supplier count for the event, and rapid cross-division data standardization — outcomes the Global Pharmaceutical and Life Sciences Company plans to replicate with JAGGAER for future events.