Content about Sourcing

December 10, 2013

CVS Caremark and Cardinal Health announced on Tuesday the signing of an agreement to form the largest generic sourcing entity in the United States.

DUBLIN, Ohio and WOONSOCKET, R.I. — CVS Caremark and Cardinal Health announced on Tuesday the signing of an agreement to form the largest generic sourcing entity in the United States.

Both companies are contributing their sourcing and supply chain expertise to this 50/50 joint venture and are committing to source generic drugs through it. The companies separately announced a three-year extension through June 2019 of Cardinal Health's existing pharmaceutical distribution agreements with CVS Caremark.

October 8, 2013

Rite Aid is renewing its contract with e-sourcing firm Intesource, the Phoenix-based e-sourcing company said Tuesday.

PHOENIX — Rite Aid is renewing its contract with e-sourcing firm Intesource, the Phoenix-based e-sourcing company said Tuesday.

Rite Aid's contract with Intesource dates back to 2009, and the Camp Hill, Pa.-based chain has used it to tackle complex and strategic categories, ranging from print advertising to snow plowing services. E-sourcing refers to using an online portal to attract bids from suppliers of products and services.