Transforming Supply Chains: Your participation in the 4C Survey will help you think differently about your supply chains
Supply chain and logistics innovation is essential for businesses to stay competitive and succeed. It can help improve financial performance, customer satisfaction, and employee motivation. Organizations need to be able to keep up with the pace of change and implement widespread initiatives to distinguish themselves from their peers. The 4C Transformative Supply Chain Annual Survey can help businesses assess...
What does the future hold for R&D outsourcing in 2024 and the years to come?
Speed, cost and productivity have forever been the key areas of focus for biopharma sponsors and CROs, but the intensity of their demand has significantly risen. Read more about whether current outsourcing models are adequate to meet current and future demands.
Analogue to Algorithm: Pioneering Change in a Digital Frontier
Delve into the importance of change in the procurement domain, how diverse approaches to change management can impact outcomes and how a harmonious blend of change management principles and technology can drive successful transformation.
The importance of sustainability in the corporate world
Our sustainability event in London discussed importance of sustainability for organizations and how they can collaborate with supply chains to drive sustainability. The event highlighted the challenges of sustainability, such as working with complex supply chains and keeping up with regulations. It also discussed how companies are waking up to sustainability and how they are collaborating with their suppliers...
Sustainability and Cost Reduction: Are They Mutually Exclusive?
In the current economic climate, procurement teams face the challenge of reconciling the push for sustainability with the need for cost reduction. Businesses are urged to adopt eco-friendly practices even if they come at higher costs, while inflation drives the demand for cost cutting. The conventional belief that sustainability drives up cost is being challenged. Strategies such as Total...
From Automation to Analytics: How Technology Is Making Supplier Management More Efficient and Effective
In the rapidly evolving business landscape, effective supplier management is essential for competitiveness and success. Technology is reshaping this landscape, introducing automation, analytics, collaboration, transparency, and AI to enhance value and performance. Inefficient contract management causes potential value loss, while most procurement lacks advanced supplier relationship programs. Technology-driven automation streamlines tasks like ordering, boosting efficiency and supplier performance. Analytics...
The Importance of Relationship Management in Clinical Outsourcing
The success of clinical outsourcing depends on the relationship between the sponsor and the CRO. A lack of trust can lead to problems, so it is important to build strong relationships. Sourcing managers can play a key role in this by understanding the needs of both parties, facilitating communication and collaboration, managing conflict, and measuring and rewarding performance. By...
Survival of the Fastest: Why the ‘3 Ps’ Must Become the ‘4 Es’
Traditional businesses need to adopt technology platforms to improve efficiency, sustainability, and compliance. Technology platforms are essential for businesses to survive and thrive in today's world. Businesses that resist new technologies will be at a competitive disadvantage. The blog discusses three key challenges of not investing in new technology platforms: data leakage, compliance failure, and talent deficiency. It also...
Enterprise-wide Cost Optimisation Diagnostic
Working with an international bank on the end-to-end technology diagnostic across their entire purchasing landscape.
Commercial Package Negotiation
Supporting a leading biotech organisation during a negotiation with an established preferred provider for long term success.
ChatGPT: Friend or Foe in the Pursuit of Sustainability?
We explore whether ChatGPT can help improve sustainability, examining the potential benefits and challenges of using AI to promote sustainable practices.
Sourcing Process & Negotiation
Working with a mid-sized specialist pharma company to negotiate a full service CRO scope and costs across three pivotal Phase II and III studies.
Category Specific Sourcing Strategies
Working with a mid-sized pharma company to identify and implement sourcing strategies supporting internal capabilities and clinical development goals.