Operations & Finance

Drug Disposal Cost Reduction

Client: Pharmaceutical company

Situation

Recurring operational costs tied to drug disposal were materially impacting spend with no existing initiative to address them.

Task

Deliver a targeted savings initiative for the CFO by reducing disposal cost without compromising compliance or operational needs.

Action

Executed a CFO-sponsored special project combining vendor renegotiation with process change: analyzed cost drivers, reframed requirements into negotiable terms, negotiated improved vendor pricing and terms, and supported implementation to ensure the change was repeatable.

Results

• Delivered significant annual cost savings in drug disposal
• Maintained full regulatory compliance throughout the transition
• Established repeatable vendor negotiation framework