Processing the Process
According to executives across all industry sectors, the RFP process is here to stay. But business is far from usual as pharma companies continue to implement sourcing management structures to leverage volume purchases to drive savings and service enhancements, as well as e-technologies that allow for the process to be completed over the Internet.
As the pharmaceutical industry continues to grapple with pressures on its top line, companies are searching for ways to boost their bottom line by reducing costs across all of their outsourced needs. As such, the provider selection process is undergoing a transformation…