Voices: Bikash Chatterjee

Lean Outsourcing

One clear solution to enhance business performance has been the strategic decision to outsource key pieces of the product development lifecycle.

By Bikash Chatterjee, President and CTO, Pharmatech Associates
Sep 19, 2012

Industry’s adoption of lean principles has had a tangible impact on business performance across the life sciences. As pressure to drive down costs and improve productivity has escalated over the last decade we have seen lean applied as a foundation for programs ranging from facility design to product development. The last decade has been defined by change—whether the change is a result of consolidation, innovation or regulatory policies. It is unlikely the next decade will be any different. However, if we look at the construct of the current industry business models there are elements that will likely be integral to any future business strategy.

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