CONFERENCE DAY TWO
Thursday, December 12
7.45 - 9.45 Breakfast Workshop:
Scaling Procurement in Growing Biopharma Companies:
Optimizing Operations for Future Growth
9.00 Check-in & Coffee
9:55 am Chair’s Opening Remarks
Strategic Procurement in Small Biopharma: Policies, Impact, & Innovation in R&D
10:00 am Elevating Procurement to a Strategic Function to Enhance Influence on Business Growth and Decisions
Synopsis
- Exploring approaches for positioning procurement as a strategic partner within small and medium-sized biopharma companies
- Showcasing success stories of procurement driving business decisions and influencing company growth
- Leveraging techniques for changing the perception of procurement from a tactical to a strategic function within the organization
10:30 am Navigating Challenges with Implementing Procurement Systems in Small Biotechs
Synopsis
- Exploring considerations in setting up procurement systems from scratch in a small biotech company
- Learning about strategies to handle budget constraints, lack of specialized procurement knowledge, and achieving stakeholder buy-in
- Practical tips on selecting appropriate procurement tools and integrating them into existing operations, ensuring affordability and efficiency
11:00 am Morning Break and Refreshments
12:00 pm Driving Innovation and Agility in Small Biotech Procurement
Synopsis
- Leveraging the nimbleness of small biotech companies to quickly adapt and respond to market changes
- Strategies to streamline procurement workflows and avoid the pitfalls of overly complex processes
- Case study on Neogene’s approach to developing unique operating models tailored to the needs of small biotechs, fostering innovation and efficiency
Strategic Quality Management and Resource Optimization in Global Biopharma Outsourcing
12:30 pm Enhancing Supplier Relationships: Balancing Cost, Quality, and Performance
Synopsis
- Analyze how to ensure high quality at the lowest possible cost, focusing on identifying and maintaining the delicate balance between the two
- Identify and implement key performance indicators (KPIs) that are critical for monitoring supplier performance, such as cost, quality, diversity, and productivity
- Explore tools and technologies that enhance SRM, such as ERP integrations and digital collaboration platforms, to facilitate better data sharing and relationship building
1:00 pm Lunch and Networking
2:00 pm Mastermind: Ensuring Excellence: Managing Quality Assurance Risks in Biopharma Procurement
Synopsis
- Implementing comprehensive quality agreements and performance metrics to monitor supplier adherence to standards
- Collaborating with suppliers to implement standardized procedures and quality control measures
- Analyzing case studies of quality assurance failures and their repercussions on product recalls, legal liability, and brand reputation
- Exploring best practices for crisis management and communication strategies to mitigate damage
Advancing Biopharma Procurement: Integrating SRM Strategies, Risk Management Innovations, and Digital Transformation
2:30 pm Streamlining Risk Management in Procurement and Outsourcing
Synopsis
- Strategies for improving manual risk management processes and preparing for the adoption of automated risk management solutions
- Evaluating the challenges and benefits associated with implementing new risk management platforms
- Understanding the impact of technology adoption on procurement and outsourcing processes and the potential risk involved