Efficio, a consulting firm specialised in procurement, has secured a two year managed services contract with Bio Products Laboratory.
As part of the deal, the London-based consultancy will support the life sciences firm with transforming its procurement function into a ‘world class’ operation.
Founded in 1954, The Bio Products Laboratory (BPL) is a company that manufactures a wide range of human plasma products. The firm, owned by Bain Capital (80%) and the UK Government (20%), is located in Elstree (UK) and sells its services and products in several other markets, including the US.
In line with BPL’s strategy to bolster the efficiency of its internal operations, the company’s Head of Supply Chain and Procurement, Stuart Dickson, late last year launched a plan to transform the firm’s procurement function.