Case Study: a top 5 biopharma company saves $187,000 through resource exchange with Rheaply

Top 5 Biopharma Company saves $187,000 with Rheaply

A top five biopharma company sought to increase the value from its existing research materials, consumables, and equipment while aligning with its corporate environmental goals and Zero Waste to Landfill initiative. The company partnered with Rheaply for a pilot program aimed at boosting internal sharing and building transparency into its research operations.

Rheaply implemented a targeted ambassador program, engaging staff passionate about sustainability to act as departmental reps on its platform. This strategy significantly improved how resources were listed and shared. As a result of this solution, the biopharma company saved $187,000 in procurement costs and diverted 3,276 pounds of waste from landfills in 2022. Rheaply's approach empowered the organization to recapture value from surplus resources effectively.