Deep Dive

Deep Dive A Tuesday, May 21

2:00 pm - 5:00 pm
How to Kick Start An Impactful R&D Procurement Team?

Workshop Leader: Mark Davis, Principal, NegotiumBio, LLC Workshop Leader: Philip Ideson, Managing Director, Art of Procurement


This interactive boot camp aims at helping Procurement and Finance executives from fast growing small biotechs and pharma to understand the importance to establish an R&D framework. Whether you are beginning the journey or are yet to dedicate specific resources for an R&D Sourcing function, it is crucial to have the mind-set and be prepared – and start delivering value-adding services to scientists. Through group exercises and discussions, we will delve into the following topics, and by the end of this crash course you will leave with actionable tips to start making a change in your daily operations:
  • Organizational set-up vs resource constraints
  • Why you should start implementing procurement and sourcing tactics to support R&D?
  • What are the key parameters you should consider and measure against?
  • Prepare for scale-up
  • Potential challenges

Mark Davis, Principal, NegotiumBio, LLC

Philip Ideson, Managing Director, Art of Procurement