Also In This Edition

Best Practices while Sourcing Point of Sale Materials
Companies that are currently cutting budgets on trade marketing activities could focus on cost savings while sourcing Point of Sale Materials (POSM). The crucial task involves choosing the right set of suppliers.

Infrastructure Services – Best Practices Followed while Outsourcing IT Services
Managing the investigator payment is one of the most challenging aspects of running a clinical trial. However, only therapeutic area is considered by more than two-thirds of the companies while determining investigator payments, which is not the ideal scenario.

Clinical Investigator Payment Best Practices
With the increase in management complexities and high costs, the percentage of IT outsourcing is expected to increase in the coming years. The sourcing team should be on top of the latest trends in pricing model, contracting and vendor engagement.

Leaders’ Corner: Category Lifecycle Management in Five Steps
Thierry Fausten of Cranfield University School of Management writes that Category Lifecycle Management (CLM) is a continuous process, which helps build a procurement strategy encompassing both products and suppliers. If planned well, CLM will lead to smooth execution of value-generating actions.

Procurement ESPRESSO
Stories that offer a blend of viewpoints from CPOs and market analysts
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