Outcomes
- Delivered £2.4m annualised savings and long-term value creation
- Facilitated development of strategic relationships with key partners
- Established a solid procurement foundation in pharmacy, aligning with the client’s future growth aspirations
Background
Our client sought to optimise the cost and efficiency in the procurement and delivery of Systemic Anti-Cancer Therapy Drugs as well as prepare for future growth.
Curzon was tasked to conduct procurement opportunity assessment and implement savings solutions.
Curzon Approach
- Performed detailed spend analysis, contracts review and price benchmarking
- Identified opportunities and developed a comprehensive sourcing strategy to implement the recommendations
- Performed a comprehensive tender exercise with parallel import and compounding suppliers, negotiated terms while ensuring risk management and compliance to all MHRA regulations
- Conducted a series of idea generation workshops to identify and assess enhanced value propositions
- Secured fixed price terms with key partners, ensuring continuity of supply and better supplier relationships
