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By: Abhishek Arya Surendra Varma Tajan Joseph Applied Research Project “ The current levels of satisfaction, identification of need gaps and areas of improvement in Business Process Outsourcing in Pharmaceutical Industry”
Research Objectives
[object Object],Need for outsourcing in Pharmaceutical Industry
Loss in revenues due to patent expiry
Government negotiation on Drug Pricing
Current Scenario of Outsourcing in Pharmaceutical Industry
 
Satisfaction with Outsourcing in Pharmaceutical Industry ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Research Methodology
 
 
Popular Objectives for Outsourcing
Variation of Key Objectives Based on Outsourcing Maturity Focus on Saving Costs and Concentrate more on R&D Activities Focus shifts towards better management of capacity Increased Focus on Implementation of Best practices and Improved Quality and Service Expectations from all objectives are significant
Variation of Key Objectives Based on Different Categories
[object Object]
[object Object]
[object Object],The respondents were least satisfied with the quality of Service provided by the outsourcing vendors The Satisfaction is highest with the quality of resources provided by the outsourcing vendors. Mean Standard Deviation Coefficient of Variation Quality of Service 3.19 0.70 0.22 Business Management 3.34 0.59 0.18 People 3.51 0.65 0.19 Overall Satisfaction 3.38 0.52 0.15
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],1.Language and cultural  barriers 2. Time zone differences 3. Adapt with other vendors ,[object Object],[object Object],[object Object],1.  Sufficient availability of skilled resources 2.  Knowledge, expertise and skillfulness at work Hierarchical Cluster Analysis
Exceeds Expectations Below Expectations Years 2-3 Years 3-4 Years 1-2 >4 Years 1- Adherence to Service Level Agreement 2- Meeting the deadline. 3- Resolving Issues and Conflicts. 4- Risk Management. 5- Planning Capabilities 6- Timely and Efficient Reporting. 1 2 3 4 5 6
Years 2-3 Years 1-2 >4 Years Years 3-4 1- Ability to overcome Cultural and Language Barriers. 2- Ability to overcome Geographical and Time Zone Differences. 3- Ability to adapt and operate with other vendors. 2 1 3
Years 2-3 Years 1-2 >4 Years Years 3-4 1- Timely and Effective Communication 2- Commitment towards Deliverables 3- Transparent Billing Process. 2 1 3
Years 2-3 Years 3-4 >4 Years Years 1-2 1- Sufficient Availability of Resources 2- Knowledge, expertise and skillfulness at work 2 1
Factors influencing the outsourcing decisions
Conclusions
Recommendations
 
Limitations ,[object Object],[object Object],[object Object],[object Object]

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Outsourcing Satisfaction Pharma

  • 1. By: Abhishek Arya Surendra Varma Tajan Joseph Applied Research Project “ The current levels of satisfaction, identification of need gaps and areas of improvement in Business Process Outsourcing in Pharmaceutical Industry”
  • 3.
  • 4. Loss in revenues due to patent expiry
  • 6. Current Scenario of Outsourcing in Pharmaceutical Industry
  • 7.  
  • 8.
  • 10.  
  • 11.  
  • 12. Popular Objectives for Outsourcing
  • 13. Variation of Key Objectives Based on Outsourcing Maturity Focus on Saving Costs and Concentrate more on R&D Activities Focus shifts towards better management of capacity Increased Focus on Implementation of Best practices and Improved Quality and Service Expectations from all objectives are significant
  • 14. Variation of Key Objectives Based on Different Categories
  • 15.
  • 16.
  • 17.
  • 18.
  • 19. Exceeds Expectations Below Expectations Years 2-3 Years 3-4 Years 1-2 >4 Years 1- Adherence to Service Level Agreement 2- Meeting the deadline. 3- Resolving Issues and Conflicts. 4- Risk Management. 5- Planning Capabilities 6- Timely and Efficient Reporting. 1 2 3 4 5 6
  • 20. Years 2-3 Years 1-2 >4 Years Years 3-4 1- Ability to overcome Cultural and Language Barriers. 2- Ability to overcome Geographical and Time Zone Differences. 3- Ability to adapt and operate with other vendors. 2 1 3
  • 21. Years 2-3 Years 1-2 >4 Years Years 3-4 1- Timely and Effective Communication 2- Commitment towards Deliverables 3- Transparent Billing Process. 2 1 3
  • 22. Years 2-3 Years 3-4 >4 Years Years 1-2 1- Sufficient Availability of Resources 2- Knowledge, expertise and skillfulness at work 2 1
  • 23. Factors influencing the outsourcing decisions
  • 26.  
  • 27.

Notas do Editor

  1. NME - New Molecular Entity
  2. Depicts the satisfaction based on Business Management capabilities of the vendors. Learning from past Issues and conflicts, detailed mitigation plans could be worked out to improve the business management. Historical data can be analyzed by vendors to forecast and plan more efficiently.
  3. Depicts Interpersonal skills.
  4. Typical learning curve
  5. Exhaustive knowledge transition with the vendor would lead to higher satisfaction.