Pharmaceutical company - helping with service provider selection

PA identified alternative sourcing options and assisted the client through all phases of a Request for Proposals (RFP) lifecycle: RFP creation, bid evaluation, short listing, due diligence, contract negotiation and final vendor selection.

PA also helped to define a new Service Management model, complete with roles and responsibilities, processes, governance structure and a performance management framework to govern the new arrangement.

Finally, PA mapped out a transition strategy and helped with transition management.

The new contract better meets the client’s needs and will also deliver $75m (NPV) of cost savings over its lifetime.

Other benefits of this best-in-class agreement include financially enforceable service level metrics, scalability and flexibility, price transparency and benchmarking.

To learn more about transition management, please contact us now.