Responding to price pressures in medical technology
The Situation
Following the global crisis of 2008, many European countries reduced their healthcare budgets.
In consequence the medical devices sector was confronted with severe pressure on their market prices.
The procurement director of a Nordic company active in this sector decided to set up a war room in their Dutch subsidiary in order to determine which actions could be set up to identify cost saving opportunities.
In consequence the medical devices sector was confronted with severe pressure on their market prices.
The procurement director of a Nordic company active in this sector decided to set up a war room in their Dutch subsidiary in order to determine which actions could be set up to identify cost saving opportunities.
The Solution
Given the lack of procurement maturity within the company, a WIL Group member provided them with an experienced purchase manager in order to coordinate the different initiatives
The expert was responsible for:
The expert was responsible for:
- Enhancing the overall efficiency of the procurement departments
- Re-negotiating the conditions with several part manufacturers around the globe
The Result
The Interim Manager realised important cost savings with several part manufacturers.
He also implemented new procurement procedures within several plants of the group.
He also implemented new procurement procedures within several plants of the group.
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