White Papers

Vocollect: Sustaining a Successful Voice Deployment

Yesterday’s tired approaches are simply inadequate for today’s world where supply chain organizations are struggling mightily to squeeze as much profit and performance out of their operations as possible. These overwhelming expectations create many challenges – and opportunities – for DC/warehouse leaders. Their ability to inspire and enable their workforces to achieve peak performance gets tested on an hourly basis.

Product Lifecycle Management: Maximizing profit and leveraging innovation

The cost of developing a new drug is continuously rising. Many other factors, such as stricter regulations and stronger global competition, are also creating major challenges. If a pharmaceutical company intends to increase its market share and return on investment, it must consider how to maintain a drug‘s profitability even after its patents have expired. Product Lifecycle Management (PLM) is a viable option for extending profitability, and there are several methods for approaching PLM effectively. What is crucial, however, is to plan for it early on, even, if possible, before the drug actually enters the market.

Finding a suitable contract manufacturer is, perhaps, one of the most viable options. The pharmaceutical company can concentrate effort and money on research and development and marketing, while the contract manufacturer takes care of the manufacturing process, including validation, support for license application and packaging. In addition, outsourcing can be scheduled into the strategic planning of a drug’s lifecycle. During the early development phases, which last years, a partner with the necessary facilities and experience can be sought out and brought onboard. Finding the proper partner requires careful screening, hence a certain amount of time. A number of criteria should be met. The first is simply know-how and experience: How long has a contract manufacturer been in the business and what kind of work has the company done, i.e. with what kind of drugs. The more experience, the smoother the collaboration. Finally, to ensure effective workings, outsourcing has to be made an integral aspect of project management.