Case Study: Global Biopharmaceutical Company drives procurement transformation with The Smart Cube

The Smart Cube’s intelligence and analytics solutions support global biopharmaceutical company’s procurement transformation

A global biopharmaceutical company sought a partner to bring consistency and rigour to its procurement transformation program, as its internal category teams lacked the resources to proactively find external trends and best practices. After a thorough examination, the company selected The Smart Cube as its procurement intelligence and analytics partner to provide the needed specialist skills.

The Smart Cube implemented a bespoke solution combining category intelligence, commodity intelligence, and procurement analytics. This approach delivered significant results, including a 40-50% saving in research time and effort, 7-10% savings in the travel category, and $50 million in identified savings from demand reduction. The support from The Smart Cube provided greater rigour to the category management process and actionable spend insights, enabling the client to meet its transformation goals.