Case Studies
Global Biopharmaceutical Company Recognizes Annual Operational Savings of $60,000 per Facility with Avetta
Overview
Application Infrastructure & Middleware - Data Exchange & Integration Platform as a Service (PaaS) - Connectivity Platforms | |
Healthcare & Hospitals Pharmaceuticals | |
Procurement Quality Assurance | |
Regulatory Compliance Monitoring Remote Asset Management Supply Chain Visibility | |
System Integration Training | |
Operational Impact
The new platform has proven to dramatically reduce supply chain risk across the company. The Avetta solution promotes compliance with the organization’s Global Technical Standards while keeping up with industry best practices. Staff admits that prior to deploying Avetta, they weren’t where they needed to be. Big companies are utilizing third-party outfits such as Avetta to perform the EHS review. The company is realizing the benefits of the solution and getting everybody onboard. | |
Once a contractor has enrolled in Avetta, it gives them the opportunity to work with other companies in the Avetta ecosystem that need their services. The company was able to find a local rigging contractor through Avetta, who was already green-flagged, and continues to use them to this day. | |
The goal is to have all contractors meet the qualifications for a green flag, which would help in meeting the organization’s strict safety standards. Recently, the company received the “Sustainability Gold Award” from the Institute for Supply Management. | |
Quantitative Benefit
Annual operational savings of $60,000 per facility. | |
The value of Avetta is equivalent to hiring one employee for a single facility alone, saving around $60,000 per year plus benefits. | |