LIFE SCIENCES NEED AN OUTSOURCING HEALTH CHECK

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					 pharmaceuticals


liFe sciences need
an outsourcinG
HealtH cHecK
Outsourced distribution can be a key competitive advantage,
claims Kay Formanek.


I   n a world where a
				
DOCUMENT INFO
Description: In a world where an uneven economic recovery is affecting the flow of capital, investment and growth, the life sciences industry needs to emerge from the global recession as a leaner, fitter sector, exploiting the changing competitive landscape and capturing significant industry value. Accenture's findings from its Supply Chain Mastery program indicate that in the life sciences area, pharma companies are re-examining their distribution strategies, with many considering or implementing an outsourced model. Whereas 70% of distribution capabilities were previously local and in-sourced, surveyed pharma companies expected 65% of capabilities to be outsourced and managed globally in the future. The complexity of the distribution challenge facing the life sciences industry offers an exciting opportunity in which engaged companies can make a quantum leap in cost effectiveness and customer service, and position themselves to thrive, not just survive, in the highly competitive global marketplace.
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