8:20 am Morning Coffee & Networking
8:50 am Chair’s Opening Remarks & Recap of Day One
Mastering the Negotiations of Varied Contracting Models to Ensure Strategic Allocation of Resources
9:00 am Mastering the Art of Negotiation: Navigating through Financial Contractual Terms & Conditions Including Pricing Renewals, Inflation, Fixed vs. Variable Pricings, Currency Management, Payment Terms, & Payment Schedules
Synopsis
- Understanding the nuances of pricing renewals, inflation, fixed vs variable pricing models, currency management payment terms and payment scheduled in order to develop effective and timely negotiation strategies
- Leveraging sponsor influence to facilitate smoother negotiations and build collaborative partnerships for mutual success
9:25 am Negotiating with CROs, Creating Leverage while Maximizing Quality
Synopsis
- Setting a strategy to increase FSO/FSP negotiating leverage to meet the needs of your company’s trajectory
- Optimizing existing partnerships to drive improved quality and next-gen strategic relationships
- Importance of business partnering: Earning a seat at the table
9:50 am Q&A: What More Can We Learn About Using Strategic Position to Master Negotiations?
Synopsis
These focused Q&A Sessions provide you with the unique opportunity to have your burning questions answered in a room full of your peers and move beyond the ‘what’ and the ‘why’ to get to the ‘how’.
10:05 am Break & Networking
Technology Enablement for Better R&D Procurement & Sourcing Decisions to Regain Visibility, Speed & Quality
10:45 am Artificial Intelligence, a Strategic Procurement Tool for R&D Decisions
Synopsis
- Showcase AI-driven automation in streamlining routine procurement tasks such as RFP creation, bid analysis, and contract negotiations
- Discuss the implementation of machine learning algorithms to optimize procurement strategies through analysis of historical data
- Share insights on the practical benefits of AI-powered tools, emphasizing improved collaboration and communication within procurement teams, with suppliers, and across internal stakeholders
11:15 am Revolutionizing End-to-End Spend Management and Vendor Relationship Automation
Synopsis
- Implementing a streamlined new vendor request system that ensures precision from initiation to ERP system integration, reducing manual efforts and minimizing errors
- Exploring the art of operational excellence with a customizable automation tool that transforms project charters into actionable plans
- Spotlighting the power of a unified platform to enhance collaboration, reduce complexity, and ensure seamless communication between different APIs and systems, ultimately optimizing efficiency and data consistency
11:45 am Panel Discussion: Navigating Procurement Transformation Through Technology
Synopsis
- How can AI and machine learning been seamlessly integrated into your procurement processes?
- What are the hurdles faced and strategies for achieving a standardized technological approach?
- What steps should procurement professionals take to bridge this gap and ensure the real-world effectiveness of technology in market analysis?
12:30 pm Lunch & Networking
Spotlighting Supply Chain Resilience & Diversity To Ensure Business As Usual in the Face of Disruption
1:30 pm Predicting Disruptions to Adapt Strategies for Resilient Supply Chains
Synopsis
- Exploring practical approaches to fortify procurement strategies, enabling organizations to swiftly recover from supply chain disruptions and minimize operational downtime
- Discussing agile methodologies and adaptive practices that empower procurement teams to respond dynamically to unexpected challenges, ensuring a resilient and robust supply chain
- Delving into the role of technology in enhancing procurement resilience, showcasing innovative tools and systems that facilitate quick recovery and adaptive decision-making in the face of disruptions
1:55 pm Diversifying Supplier Networks To Enhance Supply Chain Resilience
Synopsis
- Highlighting the challenges associated with transitioning from few to many supplier relationships and the advantages of supply chain diversification for resilience in pharmaceutical procurement
- Uncover the strategic advantages of diversifying the pharmaceutical supply chain, examining how it enhances resilience, minimizes risks, and fosters long-term stability
- Explore how the supplier base evolves based on maturity of modalities and how to strategically manage these effectively
2:20 pm Q&A: What More Can We Do to Increase Supply Chain Resilience & Diversity?
Synopsis
These focused Q&A Sessions provide you with the unique opportunity to have your burning questions answered in a
room full of your peers and move beyond the ‘what’ and the ‘why’ to get to the ‘how’.
2:35 pm Afternoon Break & Networking
Reinvigorating Your In vs Outsourcing Process & Model to Improve Efficiency
3:05 pm Taking Charge to Build Resilience through Internalization for Greater Control Over the Supply Chain
Synopsis
- Examining the challenges of moving away from an integrated service model to internalizing processes and highlighting how this provides more control over the supply chain
- Demonstrating how a diversified supplier base and internalized processes contribute to long-term procurement success and resilience
- Focusing on how to build internal capabilities to manage the relationships with multiple suppliers
3:30 pm Driving Innovation & Strategic Growth Through Elevating Supplier Relationships
Synopsis
- Reinventing supplier relationship management to increase value and create a competitive advantage
- Aligning financial strategies with procurement goals to achieve sustainable business growth
- Strategically selecting suppliers informed by a commitment to company values, guiding decisions towards ethical partnerships aligned with organizational principles
3:55 pm Clinical Outsourcing and Strategic Sourcing Operating in Harmony
Synopsis
- Align on goals between Clinical Outsourcing and Strategic Sourcing
- How to divide and conquer the workload
- Avoiding confusion and keeping stakeholders happy
4:20 pm Q&A: What Else Can We Learn To Make The Best Decision When Deciding Between In or Outsourcing?
Synopsis
These focused Q&A Sessions provide you with the unique opportunity to have your burning questions answered in a room full of your peers and move beyond the ‘what’ and the ‘why’ to get to the ‘how’.