Optimising business key for pharma in downturn, says CourtSquareGroup
US strategic consultants CourtSquareGroup say that while optimisation of operations is key for the drug industry, companies risk losing the business knowledge required to undertake such action in the scramble to cut costs in the global downturn.
Keith Parent and Andy Sontag from CourtSquare told in-PharmaTechnologist about the emerging trend among pharmaceutical companies to seek specialist business process optimisation (BPO) expertise.
As pharmaceutical manufacturing processes become more complex, identifying critical steps and where improvements can be made is becoming increasingly complex.
Andy and Keith explain that this complexity is driving demand for BPO and predict that the market will continue to expand for the foreseeable future.
