Case Study: a European top 20 pharmaceutical company achieves proactive supplier risk mitigation for $220 million with The Smart Cube

Supplier Risk Intelligence helps large pharma monitor and manage supplier risk worth $220 million

The Smart Cube worked with a European top 20 pharmaceutical company that sought to improve its understanding of the business and operational risks associated with its suppliers in CRO, R&D, and APIs to devise better mitigation strategies.

To address this, The Smart Cube implemented a Supplier Risk Intelligence solution, conducting detailed financial and risk assessments for 200 critical suppliers. They provided periodic monitoring, enabling the client to proactively manage and mitigate risks for its suppliers, effectively safeguarding a total spend of $220 million across the three categories.