PharmaSource Podcast
PharmaSource Podcast
Life Science Networks
The 3Cs of Bayer's Procurement Strategy: An interview with Malik Akhtar, VP Procurement
25 minutes Posted Jan 19, 2024 at 2:45 pm.
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Show notes

Malik Akhtar is Vice President at Bayer Consumer Health Division, where he oversees a network of 5000 suppliers, including direct materials, APIs, and 180 contract manufacturers.

Speaking on the PharmaSource Podcast, Malik explains the “Three C” procurement strategy which defines the areas of greatest focus for Bayer in 2024 and beyond:

  • Cost Containment
  • Cash-Flow improvement
  • CO2 De-carbonisation

Read the interview here: