Association for the Advancement of Medical Instrumentation (AAMI)

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.

This healthcare industry leader maximized productivity by providing 400 users worldwide with 24x7 access to life science/economic data and expanding customized pricing data extracts for 1000s of drugs in 46 markets. When the firm reduced costs by cutting other servics, it continued business intelligence investments that had grown 800% over 10 years.

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.

One of the world’s premier semiconductor companies increased the number of cross references in its parts database from 100,000 to nearly 2 million. In doing so, the company boosted results of its parts with the lowest searches by 52 percent and helped its customers find alternatives for obsolete parts so they can avoid the need to redesign products.