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Developing a new procurement strategy

Case study
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See how a supply chain executive can use the Valuer platform to find new procurement opportunities.
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Phoebe, a supply chain executive at a multinational pharmaceutical and biotech company, has been tasked to prepare a new procurement strategy for her department in Stockholm. She is stationed at the pharmacogenomics division, responsible for developing a safe and effective medicine regimen for primary and secondary care facilities. With the COVID-19 outbreak, Phoebe’s department endured significant lab-supply shortages, which she hopes to overcome with the new procurement strategy that entails finding new vendors, focusing on Scandinavia.
Challenge:
Phoebe is looking for a tool that will help her more efficiently find new strategic partnerships with startups or scale-ups that specialize in emergent biotechnologies. These potential new partnerships would complement the capabilities of Phoebe’s department’s existing partner collaborators.
Solution
checkbox-img Phoebe is keen to try the Valuer product suite to search for partner vendors. Using the platform, she can generate a list of relevant company matches based on technology or company description.
checkbox-img Once the selection was conducted, Phoebe pinpointed several companies she deemed compatible with her strategy’s objectives and inquired for an in-depth analysis of their product suite, associated services, and business models.
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