CONFERENCE DAY ONE
Wednesday, December 11
7.45 - 9.45 Breakfast Workshop:
Navigating Biosecure Act Challenges in Biopharma
Procurement: Securing Supply Chains Amid
Regulatory Shifts
9.00 Check-in & Coffee
9:55 am Chair’s Opening Remarks
10:00 am Leveraging Past Experiences to Enhance Vendor Alignment in R&D Procurement
Synopsis
- Ensuring vendor values and practices align with the company’s mission and culture
- Strategies for integrating cultural alignment into the vendor selection process
- Examples of successful vendor partnerships that reflect company culture and values
10:30 am Panel Discussion: Transparency and Collaboration: Keys to Successful Outsourcing to Align Project Goals and Fosters Trust
Synopsis
- Collaborative approaches to define project goals, requirements, and roles to ensure mutual understanding and alignment
- Balancing the need to protect confidential information with the benefits of transparency in supplier relationships
- Emphasizing strategies for open communication about pricing, capabilities, and project priorities to build deeper, more trusting relationships
- Highlighting the costs of poor relationship management and the benefits of sustained, transparent vendor partnerships
11:00 am Position Reserved for Scientist.com
Synopsis
11:30 am Morning Break and Speed Networking
12:30 pm Building Strong Vendor Relationships: Strategies for Success to Enhance Clinical Team Efficiency and Vendor Partnerships
Synopsis
- Creating effective governance models to assist clinical teams in vendor communication and issue resolution
- Addressing bottlenecks such as competing priorities and lack of centralized oversight
- Identifying real-world examples of overcoming challenges to build strong, mutually beneficial vendor relationships
Building Strong Vendor Partnerships: Metrics, Selection, and Collaboration
1:00 pm Streamlining Vendor Selection in a Crowded Marketplace
Synopsis
- Navigating challenges and solutions for developing a centralized vendor comparison database
- Implementing methods for aggregating and standardizing vendor information for easy comparison
- Highlighting the importance of evaluating vendor experience and the value of both established and emerging vendors
1:30 pm Roundtable: Building Robust Vendor Relationships: Metrics, Expectations, and Feedback
Synopsis
- Defining and implementing Key Performance Indicators (KPIs) to evaluate vendor quality and service
- Identifying real-world examples of successful KPI frameworks in vendor management
- Gathering and analyzing technical feedback from internal teams to identify areas of improvement
2:15 pm Lunch and Networking
3:15 pm Implementing Effective Supplier Relationship Management Strategies to Mitigate Risk
Synopsis
- Utilizing SRM to mitigate risks with supplier authenticity and financial stability
- Case studies on effective SRM strategies that enhance risk assessment and management
- Incorporating governance structures to foster long-term supplier relationships and performance tracking
- Strategizing for the transition from manual to automated SRM practices to improve efficiency and reliability
3:20 pm
Driving Efficiency in Biopharma Procurement: Strategies for Speed, Technology Integration, and Operational Excellence
3:45 pm Accelerating Speed to Procurement in Biopharma R&D to Enhance Operational Efficiency and Responsiveness
Synopsis
- Implementing effective approval matrices and procurement protocols without hindering operational speed
- Managing transactional suppliers efficiently to ensure quick response to unexpected research needs
- Utilizing P2P systems to streamline procurement and integrate financial controls
4:15 pm Afternoon Break and Poster Session
4:45 pm Optimizing Procurement Efficiency Through Digital Transformation and eProcurement Systems
Synopsis
- Leverage digital platforms and emerging technologies to optimize procurement processes and achieve greater operational effectiveness
- Navigate regulatory standards and implement best practices for data management and protection in digital procurement environments
- Explore the end-to-end digitization of the supply chain and harness the potential of AI and automation in eProcurement systems
5:15 pm Mastermind: Exploring how to Understand and Navigate New Legislation Affecting Procurement & Outsourcing Activities
Synopsis
Understanding the Impact of the Biosecure Act on Current Suppliers
- Assessing immediate implications for suppliers listed in the Biosecure Act draft
- Managing existing projects and planning for future sourcing needs amidst regulatory changes
Exploring Alternative Sourcing Strategies
- Evaluating Europe, Eastern Europe, and South Korea as viable, cost-effective sourcing alternatives
- Conducting RFIs to assess alternative supplier capabilities and mitigate risks through practical steps
- Illustrating implementation of backup plans and dual sourcing to enhance supply chain resilience with case studies
Navigating Long-Term Impact of Legislation on Drug Development
- Anticipating enduring effects of the Biosecure Act on biopharma procurement strategies
- Preparing strategies for adapting to potential political shifts influencing Biosecure Act implementation timelines