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Procurement In Pharmaceutical Industry - Kronos Group

Pharmaceutical businesses can effectively mitigate procurement risks and gain a sustainable edge by optimising the effectiveness and performance of their procurement functions.<br>Working with a specialist with a proven track record in procurement consulting to leverage their expert insights and specialised knowledge can help organisations accelerate the results from swifter and more successful procurement in pharmaceutical industry operations. Visit us : https://kronosgroup.eu/2023/04/05/best-practices-for-procurement-in-pharmaceutical-industry-operations/

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Procurement In Pharmaceutical Industry - Kronos Group

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  1. Procurement In Pharmaceutical Industry | Kronos Group Pharmaceutical businesses can effectively mitigate procurement risks and gain a sustainable edge by optimising the effectiveness and performance of their procurement functions.Working with a specialist with a proven track record in procurement consulting to leverage their expert insights and specialised knowledge can help organisations

  2. Optimising the effectiveness of supply chain management Effective supply chain management ties all of the above objectives together and is vital in ensuring the availability, quality, and safety of medicines and medical devices. In practice, this requires establishing effective systems for inventory management, warehousing, and transportation. 

  3. Partner with a specialist in procurement consultancy to reduce risks The WHO recommends that organisations establish procurementoversight committees which include representatives from different departments to ensure that the procurement process is transparent and accountable.

  4. Reduce risks and boost returns from procurement in pharmaceutical industry operations Pharmaceutical organisationsshould ensure that their procurement process is transparent and that stakeholders are aware of the criteria used to evaluate bids and select suppliers. 

  5. Kronos Group https://kronosgroup.eu CONTACT Louise Avenue 3501050 BrusselsBelgium info@kronosgroup.eu

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