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Proactive Procurement Strategies For Biotech With Tom Wells

Business Of Biotech

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Transforming Procurement in Biotech

This chapter explores the speaker's journey from marketing to procurement consultancy, emphasizing the evolving role of procurement within the biotech sector. It highlights the critical importance of collaboration between teams, fostering supplier relationships, and implementing strategic partnerships to maximize value. The discussion also introduces key concepts like VUCA and the procurement acronym APUSCI, underlining how effective procurement can drive innovation and resilience in a competitive landscape.

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