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A top manufacturer of medical supplies reduced commodity costs by millions of dollars within 18-20 months and enabled its team to negotiate better rates – e.g., pushing back on 6 commodity cost increases in 8 months due to more accurate pricing data. Enabling tighter forecasts and improving workflows helps the company serve consumers more effectively.
Millions of lives are saved by blood transfusions and this company plays a vital role in making transfusions safe. To provide hospitals with the best pre-transfusion diagnostic products, its researchers are identifying next-generation concepts and generating important innovations while also resolving problems and documenting their findings more efficiently.
Listen to Ian Mitchell, Senior Innovation Consultant for IHS Product Design, explain how a global life sciences manufacturer recovered legacy data to secure internal knowledge and competitive intelligence using IHS software across its entire organization. From researchers, scientists and engineers, company leaders have new expanded power to work with both a range of internal content - shared drives and SharePoint document management systems but also external content that IHS provides.View Video
A global insurance industry leader brought efficiency to risk selection by standardizing with one information provider across all underwriting decisions. This firm thereby reduced research costs by 20%, established a ‘center of excellence’ internally and fueled growth by gaining insights to write risk in areas where others held back.