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Transforming Pharmaceutical Manufacturing- The Crucial Role of Supplier Management

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Supplier Management for Pharmaceutical Manufacturing

What’s inside?

Procurement professionals in the pharmaceutical manufacturing industry face unique challenges. Just as their counterparts in other sectors, they must deliver digital transformation, while ensuring investment in existing technologies is maximized, but also they face additional hurdles relating to the regulatory environment, the complexity of supplier relationships, the particularly high levels of scrutiny, and managing the subsequent amount of data and information that are required in this context.

In this white paper, we explore how onboarding and supplier information management technologies can be best utilized to overcome these challenges.

You’ll learn about

Having interviewed procurement experts across the industry and documented the typical journey that this takes enterprises on, this white paper documents:

  • The typical time and journey
  • Unexpected discoveries
  • Changing perception of risk
  • Anecdotes from real life experiences

Find out the common pitfalls to avoid up to three years of anguish in Supplier Information Management deployment.

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Article — 13.5 min read

The Value of Supplier Information Management for Compliance

Supplier Compliance Processes: What are the challenges Although there are various aspects and factors to consider, the value of Supplier Information Management (SIM) for supplier compliance management has shared values across several different functions, as it is usually not specific to a role. Compliance requirements are pervasive across the board, and often dictated at very […]

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Article — 7.5 min read

How can Reputational Risk Originate in Your Supply Chain?

Reputational risks to organizations include threats to their business reputation and credibility within the market that can impact revenue generation and the long-term sustainability of the business.   What is reputational risk? Reputational risk refers to potential harm to an organization’s name and credibility, negatively impacting its revenue. It can be challenging to measure as it […]

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Webinar — min watch

Negotiating Your Success: Do Your Suppliers Finally Have a Voice?

Ahead of the launch of HICX’s own Voice of the Supplier Survey, in which we asked 500+ large and international suppliers dealing with enterprise customers in the CPG, FMCG, Aerospace Defense and Energy sectors about their experience serving some of the biggest organizations in the world (i.e., those with a revenue of $1 billion or […]

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Article — 10.5 min read

The Emerging Role of Low Code in Supply Chain Technology

The complex nature of supplier relationships and the rapidly changing market and regulatory conditions mean that low code – and implementing low code supplier management platforms – is critical for domain experts to be able to react to the latest developments in the best way for the organization.  As Craig Penk, previously Director, P2P Procurement […]

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Article — 30 min read

Supplier Relationship Management & Supplier Experience Management in Practice

The turbulent events of 2020 and 2021 brought the world to a virtual standstill and a realization of just how dependent organizations are on supply chains and their supplier communities. Companies reacted by shifting their focus towards collaboration, establishing true partnerships and driving value for all stakeholders, rather than simply thinking about cost savings. This […]

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Webinar — min watch

Using Supplier Data To Drive Resilience, Visibility and Value

It is safe to say that, over the last 24 months, the pandemic has reinforced an unavoidable truth: in order to maintain a competitive edge, business must drive resilience and visibility across their supply chain – and having a strong digital strategy has been shown to be key to achieving this. In our latest webinar, […]

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