article thumbnail

How Opna Bio SA Built a Successful Procurement Process as a Biotech Startup

Precoro

Their dedicated teams are driven by four core values: Commitment to patients Scientific curiosity Integrity Teamwork Opna Bio SA’s team decided to implement purchasing software during the company formation to ensure smooth operations. Odallo also processes all purchase orders and sets up new suppliers in the system. She and Ms.

article thumbnail

How Remilk, a Biotech Startup Achieved Financial Discipline and Full Budget Control from Day 1

Precoro

As is typical with smaller companies, there wasn’t an established P2P process, and purchases were dealt with on a case-by-case basis. Basically, if someone wanted to purchase something, they went directly to the CEO for approval, then called the supplier and ordered. There was also no set budget or budget control workflow.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AI And Supply Chain: Level Setting

Elementum

NYU Business guru Scott Galloway recently published an excellent blog-entry on AI , and discussed how we’ve just passed through a “golden decade” — with another likely to come. An example of the latter: keep these X and XY types of products together in the warehouse because they’re always purchased together. Where to Begin?

article thumbnail

AI And Supply Chain: Level Setting

Elementum

NYU Business guru Scott Galloway recently published an excellent blog-entry on AI , and discussed how we’ve just passed through a “golden decade” — with another likely to come. An example of the latter: keep these X and XY types of products together in the warehouse because they’re always purchased together. Where to Begin?

article thumbnail

Spend Analysis: Best Practices

Precoro

Streamlines Internal Procedures Spending data analysis sheds light on similar purchases between different departments. It enables them to cooperate even more closely to create fewer purchase orders and get things done faster by grouping multiple items and services into one purchase.

article thumbnail

10 Must-Listen Supply Chain Podcasts for Industry Professionals

SCMDOJO

It talks about logistics, innovation in the supply chain, cost pressures, commodity buying, digitalization, etc. The latest episode discussed biotech, the intricacies of working in a highly regulated industry, and focusing on distribution and logistics. They cover various topics while talking to different industry experts.

Gartner 79
article thumbnail

Supply Chain Management:The Upcoming 2011 Holiday Buying.

Infosys Supply Chain Management

Pharmaceutical and Biotech. Sustainability Services. | Main | Demand Planning in CPG industry - Practising the Best Practices » The Upcoming 2011 Holiday Buying Season will again Test Retailer MCO and Supply Chain Capabilities. Healthcare. Hospitality and Leisure. Industrial Manufacturing. Logistics and Distribution.