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Closed loop spend management in life sciences

Supply chain cost management [INSIGHT]

Optimizing spend with Closed Loop Spend Management

Driving a procurement function to unlock value

Zero-based

Improve profitability to navigate crisis and uncertainty while generating fast cash to fund company and procurement transformation.

Agile & resilient

Create the right agile organization and operating model to sustain value generated and proactively manage third-party risks.

Differentiated

Build future digital procurement capabilities to unlock new sources of value beyond pure cost savings.

Customer-focused

Deliver superior user experience to business stakeholders to ensure it is easy to buy and comply.

Responsible

Drive a sustainable and diverse procurement agenda to achieve the company’s socially responsible economic growth.

Getting started

Strategic cost reduction

Starting from a clean sheet to rebuild a company’s cost base by looking for opportunities to reduce costs and fuel growth.

 

Sourcing optimization

Leveraging market intelligence, advanced analytics and emerging technologies to maximize value-add from supply relationships.

 

Procurement transformation

Creating an optimal procurement vision, operating model, organization and process to meet objectives.

 

Intelligent procurement

An end-to-end strategy to implement procurement’s digital and analytics capabilities.

 

 

Responsible & resilient procurement

Meeting risk, sustainability and resilience goals through establishment of a responsible procurement function.

Mergers & acquisition

Procurement is central to value creation and drives long-term deal value in M&A deals.

 

 

What we think

Repurpose your supply chain for resilience

Accenture recommends that companies address 7 key priorities while re-purposing their supply chain through resilience from coronavirus.

Next generational digital procurement

Accenture reports digital procurement processes reduce enterprise costs, boost efficiency and transform interactions for new levels of collaboration.

Meet our lead

Pierre-Andre Pancaldi

Senior Manager – Accenture Strategy​
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