procurement
Used equipment can help keep your costs down, but you'll want to make sure you have the right warranty.
Setting up a new lab can present many challenges, not least among them is managing your budget.
Ordering lab supplies and equipment is a time consuming task, that, when undertaken without strategy drains budgets and diverts scientists’ attention away from their research.
We buy pre-owned cars, so why not buy pre-owned lab equipment, such as a mass spectrometer (MS)?
‘Strategic Sourcing’ has played a key role in the success of procurement teams. A dent in this key game plan is “maverick spending.”
Pharmaceutical companies, healthcare providers, research organizations, universities, and government agencies are continuously under pressure to cut costs due to a generalized economic downturn. This pressure has moved the procurement process to the forefront, with managers looking to achieve better business performance through more effective management of categories, suppliers, and teams.1
Problem: A variety of factors can result in obsolete laboratory equipment and R&D devices. Project
completion, equipment upgrade, lab closure, and downsizing all create surplus pharmaceutical assets
no longer required in the same capacity—or at all. Given budget restrictions and the importance placed
on environmentally-sound business practices, organizations can’t afford to allow surplus assets to lie
idle or dispose of them without thought to the process. Surplus requires an innovative and sustainable
process that supports strategic business goals.
Life sciences, health care, and chemical companies are the major end users of lab equipment. Cash flows of major companies within these sectors are increasingly subjected to higher scrutiny due to a rise in M&A activities and their increased investments in emerging markets.
Creating a win-win relationship with suppliers in order to obtain the best products and prices.
