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Cognition

Client Story

Peer Sourcing Best Practices Review

Impact

Time to insights dropped from 4 weeks to 10 days.

Launched a digital onboarding pilot

The client used the output to upgrade 3 core sourcing processes, launched a digital onboarding pilot, and aligned its ESG metrics with peers. Time to insights dropped from 4 weeks to 10 days.

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    Client

    Pharma manufacturer

    Products

    NA

    Industries

    Pharma

    target geo

    Global​

    business objective

    A mid-sized pharma firm wanted to benchmark its sourcing and supplier management processes against peers. The focus was on improving digital RFQs, onboarding, and sustainability practices.

    Our solution

    1.  AI-led Scan: Our AI scanned over 4,000 procurement-related documents, presentations, and internal SOPs from peer companies and flagged recurring themes and innovation patterns. The scan cut early-stage review time by 55%. 
    2. Pharma Analyst Review: Our analysts conducted 12 in-depth interviews with procurement heads across the US and Europe. They validated AI findings, captured peer workflows, KPIs, and change drivers, and structured a benchmark framework. 

    Advantage of AI-First Approach: The AI pre-analysis allowed analysts to skip generic research and focus entirely on extracting peer-driven insights. This increased relevance and quality of recommendations. 

    Outcome

    The client used the output to upgrade 3 core sourcing processes, launched a digital onboarding pilot, and aligned its ESG metrics with peers. Time to insights dropped from 4 weeks to 10 days. 

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