Achieving capability and capacity to operate an effective PV system
At a time of unprecedented change and with Safety's workload increasing in both volume and scope, the question must be, what can Sourcing do for Drug Safety?
There is no shortage of evidence to suggest that more resources are, and will be, engaged in the business of Safety as AE reporting rates continue to increase (26% average increase year on year since 20061) driving us to look throughout our organisations, and beyond, for the capability we need to deliver what will be required of us. Inevitably, there is also clear evidence that ill-construed strategies, poor sourcing decisions, and poorly executed sourcing implementations can cause far greater problems than they resolve.
Sourcing is not just about contracting with service providers to perform activities that could be conducted in-house (outsourcing), but is also about leveraging organisational operations owned by the sponsoring company (internal sourcing) which may be situated in low-cost countries.
So, what can Sourcing do for Drug Safety? Sourcing, when considered and approach correctly, can help to deliver the optimal solution; to ensure patients and businesses, alike, are protected. Or, it can make a whole lot of trouble for us.
The key then, to ensuring you get the right answer, is to take a strategic view of sourcing, that is, to consider sourcing as one potential element in achieving capability and capacity to operate an effective PV system.
To read the article in full please click on the pdf link below:
What can sourcing do for Drug Safety?
For further information please contact Kate Derham at kate.derham@wcigroup.com
1Data Source: WCI pvnet Annual Reports 2007 - 2009