Case Study
Global Pharmaceutical Company Recognizes Annual Savings of $60,000 Per Facility with Avetta
Industry Pharmaceutical Profile • Founded in 2002 • $27.9 Million in Revenue through June • 50-200 Employees Challenges • Manage hundreds of contractors without increasing costs • Monitor and store thousands of compliance documents in one secure, accessible place • Proactively alert company of expiring insurance plans and other certifications Solutions • Supplier Prequalification • Insurance Monitoring Results • Reduced administrative burden with Supply Chain Risk Management solutions • Saved time and money sourcing approved suppliers • Annual operational savings of $60K per facility • Improved contractor review process With a workforce of 28,000 this global, research-based biopharmaceutical company has a strict internal safety initiative and needs to make sure contractors are