REGENERON
CREDIT: XXX efficient and predictable, individuals are being empowered to execute within their areas of accountability and innovative ideas – both from within and outside of the organisation – are being implemented. By prioritising these improvements, the team is achieving its financial objectives more than a year ahead of schedule.
If the Regeneron Procurement team were committed to a procurement transformation alone, these results would have demonstrated a clear success. However, this was not the team’ s objective. They were committed to building a foundational procurement capability designed to evolve with the company. Therefore, they knew that their work was not complete.
“ The ability to walk through the halls and see scientific discovery happening beyond the glass gives me confidence that many more patient lives will be improved by Regeneron science”
Matt Everett, Senior Vice President and Chief Procurement Officer, Regeneron procurementmag. com 83