Closed loop spend management in life sciences

Helping companies improve their customer experience, profitability and create responsible and resilient organizations.

Supply chain cost management [INSIGHT]

Optimizing spend with Closed Loop Spend Management

Driving a procurement function to unlock value

Helping our clients create a Closed Loop Spend Management capability that drives a robust and dynamic procurement function to unlock value and fuel transformation and growth.

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.

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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.

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What we think

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

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

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Meet our lead

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