Value beyond savings
The transformation process for procurement at Astellas pharma began four years ago to align the department with wider business objectives. This involved changing the culture and perception of procurement from being a service function to a business enabler. The time came to explore the next phase of transformation, involving a more agile approach to collaboration with suppliers and a new strategy focussed on driving value for the business beyond savings.
For Nick Jenkinson, Senior Director of Procurement at Astellas, “no business was ever successful from just cutting costs.”