ProcureCon Pharma US 2015 (past event)
November 04 - 06, 2015
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Joe Payne
VP Professional Services
Source One Management Services LLC
Structuring Relationships for Maximum Competitiveness
Monday, April 10th, 2017
11:25 Innovation Spotlight | Breaking the Procurement Outsourcing Mold: Looking Beyond Traditional BPO
In the pharmaceutical industry, the reasons to outsource strategic sourcing duties remain valid - getting access to a team of procurement subject matter experts with knowledge of the industry's best practices and regulations, the lack of ROI associated with adding resources to manage every spend category, and the need maintain if not decrease headcount, to name a few. But once the savings are achieved, the business case for traditional outsourced procurement can seemingly fade away – especially if the solution is not scalable. This talk will demonstrate how to stay ahead of the curve to maximize your ROI in both the short- and long-term and enable your organization to meet its current and future objectives.