LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Pharmaceutical Contract Manufacturing Service Category - Procurement Market Intelligence Report.
Governments across the globe are increasing their focus on widening consumer’s access to healthcare facilities. This, in turn, is driving the category spend momentum for pharmaceutical contract manufacturing services. The presence of low cost labor in APAC is attracting the maximum number of contracts for manufacturing drugs, which, in turn, is propelling the category spend momentum. Currently, North America claims the majority of market shares due to the adoption of well-developed novel technologies by service providers and high healthcare expenditure in the region. Read the Free Sample of this pharmaceutical contract manufacturing service procurement market intelligence report here!
This pharmaceutical contract manufacturing service procurement research report offers critical supply market forecasts and cost drivers insights to help the buyers determine their total cost of ownership. This market intelligence report also offers a coverage of the sustainability practices and the risk management/mitigation strategies to improve category spend. Request a free customization of this pharmaceutical contract manufacturing service procurement research report if the information offered isn’t what you are looking for.
“Buyers should engage with service providers who allow innovator companies to design and validate manufacturing processes virtually using QbD. In-line process monitoring that employs PAT will produce data that can validate these models and secure regulatory approvals,” says SpendEdge procurement expert Sumit Yadav.
This market intelligence report has highlighted the following KPIs to play a key role in influencing spend. They include:
- Optimum plant utilization is one of the most important supplier KPIs, as it represents production capacity of service providers.
- Rationalization of the supply base provides increased spend visibility to buyers and reduced additional costs
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SpendEdge’s procurement market intelligence reports for the pharma and healthcare category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts offer information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Pharmaceutical contract manufacturing service
Category ecosystem
- Market favorability index for suppliers
- Competitiveness index for suppliers
- Threat of new entrants
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Category management enablers
- Procurement organization
- Category enablers
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Category definition
- Category hierarchy
- Category scope
- Category map
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