Statistics And Clinical Programming Services Category Procurement Intelligence Report

Several macro changes in the dynamics of overall Science and Environmental Research as well as Statistics And Clinical Programming Services procurement trends are poised to change the business practices and procurement thumb rules. New locations and vendors are emerging as cost effective suppliers of Statistics And Clinical Programming Services, offering an opportunity to widen the supplier base and gain further negotiation leverage with incumbent suppliers.

Data security and maintaining the confidentiality of client data and other sensitive information has towered over most of the discussions related to the category. Most geographies now have stringent regulations to protect data, privacy and confidentiality. Although suppliers now have a value proposition that puts data security and confidentiality at the forefront of marketing pitches, adherence to these standards have also increased OPEX of suppliers owing to increased compliance methods and requirement to change critical processes.

Most suppliers of Statistics And Clinical Programming Services are moving up the value chain and offering integrated services that go beyond just Statistics And Clinical Programming Services. Buyers are increasingly collaborating with vendors who can offer one-stop solutions as they now have fewer suppliers to manage and can achieve greater cost savings that arises out of awarding a larger contract to a supplier.

Category managers need to take note of the potential of these developments and reassess the changes required in their procurement practices.

The report discusses in detail the best practices that have served well the category managers responsible for Statistics And Clinical Programming Services procurement.

For example, It is crucial to develop measurable milestones that help monitor and benchmark the performance of service providers. In case of variations, buyers should discuss and find appropriate solutions in conjunction with the service provider, followed by the implementation of an effective strategy to avoid variations in the future. The performance of service providers can also be linked to a portion of their fee and can be paid upon rendering of services in a satisfactory manner. For instance, measuring performance based on adherence to budget and accuracy of data or information provided during research.

Buyers must provide all key requirements in detail and ensure that service providers offer precise details regarding processes, systems, manpower, and expected outcome. Regular and effective communication between buyers and service providers are crucial during the contract formation phase, as well as across different phases of the project.

Buyers can optimize the costs by arriving at right sourcing mix through an alignment of in-house capabilities with outsourced functions. Buyers can use in-house capabilities for project-specific requirements that can be resolved internally. Third-party providers should be engaged based on their expertise and project-specific requirements that require capabilities not present in the buyers' organization.

Statistics And Clinical Programming Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Statistics And Clinical Programming Services procurement. Some examples include: