Case Study: Global Pharma Company achieves 25% lower cost of operations with Wipro vendor data management

Reducing Cost by Transparent Vendor Data Management

Wipro worked with a global pharma company that was struggling with an immensely complex and manual vendor master data process. The client had over 25 different vendor masters across its divisions, which led to errors, data duplication, and a lack of enterprise-wide standards. This inadequate data management was negatively impacting productivity, decision-making, and compliance for the customer.

Wipro implemented a Vendor Data Foundation program to create enterprise-wide transparency and master data visibility. This data lifecycle solution streamlined the sourcing and procurement function. As a result, Wipro helped the client achieve a 25% reduction in new vendor record creation and a 25% reduction in the cost of operations for its organization-wide vendor master.