A world leader and innovator in the development, manufacturing and support of microscope technology.
Growth and development had left Thermo Fisher Scientific with several separate supplier bases with little overlap – some 1,700 suppliers in all, including many small companies. In addition, extended product life cycles meant the company needed to retain large numbers of suppliers of legacy parts. All these factors combined, created a long, hard-to-manage 'tail spend' of Bill of Materials parts.
In this case study you can discover how MAG45 supports Thermo Fisher to optimise the supply base management on a global scale for their tail suppliers.