European-Based Global 200 Healthcare Solutions Company to Improve Vendor Management With Aravo Solutions
Tuesday, November 29th, 2011Business Wire – Press Release
Aravo Solutions, Inc., the leading provider of cloud-based Supplier Lifecycle Management (SLM) and B2B information and collaboration solutions, announced today that a European-based Global 200 healthcare solutions company, has selected Aravo to enable their world-wide procurement transformation initiative. The selection was the result of an exhaustive analysis of the market during which the company evaluated several vendors to help it with new supplier discovery, supplier enablement, and supplier risk management. Using Aravo’s Supplier Lifecycle Management (SLM) solutions, Aravo’s customer will improve supplier information enterprise-wide, lowering operating costs, reducing supply chain risk and ensuring regulatory compliance across its global supply base.
The company offers a diversified portfolio of products delivering innovative pharmaceuticals, consumer health products, preventive vaccines and diagnostic tools. With divisions in dozens of countries around the world, a large part of their growth has come through acquisition. In response to the resulting supply chain complexity, the company has begun an enterprise-wide supplier lifecycle management initiative that will positively impact their collaborative relationships with vendors and ultimately improve customer satisfaction. (Full Article)