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Novartis Reaps Savings from Strategic Sourcing of Print


Manila, Philippines, May 3, 2011 -- Novartis, a global leader in the healthcare industry, has reaped the benefits of a Strategic Sourcing Project, by significantly cutting back on cost thus achieving up to an average of 34% in annualized savings for its subsidiaries in Korea, India, China, South Africa, Hongkong, Australia, Taiwan, and Philippines. Implemented in collaboration with TransProcure, strategic sourcing reduced the total cost of acquiring marketing print services while improving levels of quality, service, safety, and technology within an organization. For Novartis, ranked by IMS Health as one of the world's fastest-growing pharmaceutical firms, the project focused on print spend for the Pharmaceuticals, Animal Health, CIBA Vision and Consumer Health divisions. Following its success in its Asia Pacific and South African branches, the project will soon be launched in other Novartis global locations.




About TransProcure  (www.transprocure.com)


TransProcure is the leading global procurement solutions and services company and the first in providing Procurement Business Process Outsourcing (BPO) and Out-tasking Centers located in key cities in Asia with presence in Asia-Pacific, North America, Latin America, and Europe. It has also a Central Procurement Shared Services Center headquartered in Manila, Philippines. TransProcure assists companies to accelerate the value of procurement by extending its many services around the procure to pay cycle and ancillary services at efficient and low-cost country position. Information is available at www.transprocure.com



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