Exploring Sourcing Considerations for Life Sciences Services from the Buyers’ Perspective
Market Report

20 May 2024
by Abhishek AK, Durga Ambati, Suyash Choudhary

Life sciences enterprises are recognizing the strategic importance of selecting the right service providers to enhance their competitive edge in an ever-evolving market. To achieve differentiation, enterprises are seeking partnerships that deliver tangible benefits, such as higher RoI, resilience amid challenging times, robust capabilities, and a distinct market positioning.

Notably, enterprises have become more discerning in their partnerships and are seeking providers with a deep commitment to their successes and the credentials and capabilities to back their promises.

This report examines the life sciences industry’s sourcing landscape and provides insights for service providers striving to align their offerings with the buyers’ needs and expectations in a dynamic market and amid tight regulatory pressures.

Scope

  • Industry: life sciences
  • Geography: global

Contents

In this report, we examine:

  • Life sciences enterprises’ provider selection criteria
  • Life sciences enterprises’ investment priorities
  • Key outsourcing drivers and challenges
  • Life sciences enterprises’ extent of satisfaction with providers across dimensions

Membership(s)

Life Sciences Information Technology

Life Sciences Business Process

Sourcing and Vendor Management

 

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