Evolving Cost Optimization for the Life Sciences Industry
As the U.S. Federal Reserve works to engineer a soft landing from our current inflation, there are still growing concerns that a recession is inevitable.
Our life sciences advisory experts are ready to steer you through the maze of technologies and compliance regulations to develop successful enterprise and digital solutions that best fit your strategic goals and needs of patients. We have expertise in:
With ISG’s life sciences consultants, you can identify opportunities for cost optimization and service quality improvement, design a roadmap to achieve excellence, and establish a platform for substantial and sustained results
Learn how ISG’s pharmaceutical consultancy and benchmark analysis for a global pharmaceutical company shored up its major business process outsourcing (BPO) contract.Learn more
By establishing a central vendor management office (VMO), ISG helps this global pharma with a complex IT environment streamline and improve its service provider relationships.Learn more
By outsourcing spot-buying procurement to a service provider specializing in quick competitive quote research, a large pharma company saved up to 30% on spot-buying transactions.Learn more
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In the past year, as the world continued to recover from the challenges and restrictions implemented to manage the COVID-19 situation, leading life science companies and the providers that support them made significant advances in incorporating technology solutions into the DNA of their operations. This sector has historically been reluctant to embrace innovative approaches at scale, but the pandemic has catalyzed a permanent change. For starters, the pandemic made many formerly standard processes, such as in-person patient visits and justin- time supply chain practices impossible, which created an unprecedented demand for innovative solutions. Leading solution providers not only intervened with existing technology solutions but also demonstrated their readiness to collaborate, innovate and invest with greater flexibility and customer-centric focus than ever before.