Large US drugstore extends its use of Proactis Sourcing Services to a tenth year
11 June 2019 - Proactis, the global spend management and B2B eCommerce company, today announced that one of the largest drugstore chains in the US has renewed its agreement with Proactis.
Through the relationship, now in its tenth year, Proactis has provided the company with Sourcing Services that have so far resulted in more than $25 million in savings. Since 2009, the company has leveraged Proactis’ Sourcing Services to tackle its most complex and strategic categories.
The Sourcing Managed Service helps the company to better leverage its internal resources and secure savings and process efficiencies across the entire supply chain. With Proactis, operational efficiencies have been realised, allowing the company to invest more internal resources on a wider range of sourcing categories.
“The retail sector is currently experiencing squeezed profit margins, so creating opportunities to generate value and savings is vital. The key for success is to identify the right combination of technology and services to create a well-rounded sourcing program.” said Len Kaplan, Vice President Managed Sourcing Sales at Proactis. “Proactis has the ability to scale internal Procurement teams with our experts to uncover additional savings, value and sources of supply.”