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MeRLIN - Strategic Sourcing Solution for Pharma and Life Sciences

Optimize Sourcing to Drive Agility and Innovation

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Procurement processes within the Pharma and Life Sciences Industries are quite complex. The need to meet stringent quality control checks, certification and compliance in a regulatory environment. MeRLIN addresses the unique sourcing needs of the Pharma and Life Sciences Industry to help deliver sustainable improvements in overall value measures as well as gain enhanced control over spends.

Improve Value of Purchases

Ensure the purchase of appropriate goods or services from suppliers that meet compliance, quality and delivery requirements and the best overall value

Build Strategic Supplier Relationships

Improve collaboration with suppliers and convert them to strategic partners, ensure compliance and certification needs are met

Reduce Risks

Monitor and mitigate supply risks based on data driven insights on supplier performance, delivery time, etc. Track regulatory requirements, expiry dates etc

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MeRLIN for Life Science and Pharma Industry

MeRLIN’s innovative capabilities enhance visibility and efficiency of the procurement department in order to produce quality end products that meet all compliance requirements while also reducing the time to market significantly.

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MeRLIN Features for Life Science and Pharmaceutical Companies

Enhance your Procurement Outcomes with Strategic Sourcing

Supplier Lifecycle Management

Rapid onboarding of new suppliers & verification of certification & compliance, manage supplier information, monitor and manage supplier performance and risk.

Commodity Response Templates

Optimize your sourcing processes (RFx or Auctions) with configurable commodity response templates for parameters like shelf life, storage, regulatory requirements etc.

Spend Analysis

Monitor real-time spend patterns across regions, locations, plants, category, suppliers, etc. Review your procurement spend and get meaningful insights to identify areas of savings and improvement.

Ad Hoc RFQ/RFP

Get quick quotes for budgetary needs. Expedite your immediate and unexpected sourcing requirements by issuing Ad Hoc RFQs/RFPs.

Supplier-Commodity Governance

Configure and control commodities, plants and regions. Map a supplier to a group of items belonging to a category or commodity.

Bulk Buying via Auctions

Get the right value for your bulk purchases, achieve the appropriate price, enhance competitiveness and meet required procurement standards using customized questions with real-time eAuctions.

Requisitions & Budget Controls

Create, authorize and track purchase requisitions within the organization. Eliminate maverick spend by streamlining organizational purchases with configurable workflows and budget controls.

Solutions for Manufacturers

Strategic Sourcing

Category Management

Supplier Relationship Management

Platform

Contract Management

Requisition Management

Award Management

Analytics

Webinars and Blogs

Strategic Sourcing - Benefits

Make your supply chain smarter to Deal with Challenges & Risks

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How COVID-19 will change the design planning & operation of global supply chains

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Panel Discussion : Agile Procurement Practices in Dynamic Business Scenarios

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Factsheet

Uncover meaningful insights from your sourcing data and trends that translates to new opportunities for savings and growth.

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