Medidata is an American technology company that develops and markets software-as-a-service for clinical trials. Before strategic procurement was established at Medidata about 18 months ago, their team was predominantly focused on transactions and purchase approvals. Stakeholders were doing the majority of the supplier discovery and evaluation work on their own—without an established process or sources of information.
Medidata had several needs they wanted to address through strategic procurement. They wanted to gain enhanced supplier intelligence and the ability to find innovative suppliers, and be able to do so with efficiency. They also wanted to be quickly aware of risk in their supply chain. Find out how tealbook supports supplier intelligence at Medidata and the impact the platform has had on the procurement team and overall business objectives by reading our new case study.