Global Healthcare Products Manufacturer
Implements Corporate Contract Management Strategy
Challenge
As part of a global, multiple division initiative, this major manufacturer of healthcare products to both the life sciences and consumer products industries needed to ensure ongoing, efficient contractual and legal compliance.
Solution
A completely integrated client and Clarkston team was necessary to assess all divisions and to develop an understanding of the internal business drivers that contributed to their challenges and goals. The team analyzed the current contract management environment in order to:
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Create a long-term contract management strategy to improve policies, processes, and systems |
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Improve organizational effectiveness and implement training tools |
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Identify interim solutions and a short-term risk mitigation plan |
Benefits
The client gained a better understanding of and developed best practices for government and commercial contract management across all global divisions. The contract management process assessment and strategy identified:
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Missing SOPs resulting in inefficient communications across divisions |
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Lack of comprehensive policies for commercial contracting to address business and government concerns |
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Contracting functions with minimal system support, as well as manual, labor-intensive processes |
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