ProcureCon Pharma Master Classes (Practitioners Only Day)

In a high growth biopharmaceutical company how did global procurement establish itself as a credible department at Shire? This information-packed master class will delve into why Shire decided to firmly support procurement and procurement principles. Explore what’s on the agenda for global procurement to support the vision of getting to $10 billion in product sales in 2020.

• Overview of Shire
• Moving to “One Shire” and how global procurement’s transformation supports the new model
• Analyzing global procurement's business plan to contribute to and enable product sales

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Risk mitigation opportunities are everywhere…you just need to know where to look. Join industry leader, CWT Meetings & Events, and experts from Johnson & Johnson and Eli Lilly and Co. to uncover these hidden opportunities and discover how your sourcing, contracting, payment and regulatory reporting strategies can increase your risk mitigation as well as secure double digit savings. By engaging in this interactive master class, you will:

• Learn key foundations to put in place to not only avoid risk but also contain costs, leverage suppliers and increase ROI
• Gain best & next practices from an insightful panel of experts
• Recive tangible takeaways to deploy your own solutions

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Procurement is not only about saving dollars, rather it should entail providing value to the organization. Procurement professionals have been tasked with being more effective and efficient through streamlined processes, yet ultimately, it’s about transitioning the organization through improved procurement to gain competitive advantage.
• Assessing the value-add of procurement from the commified to the layered complexity of services provided
• Providing more value to the organization when transitioning
deeper into indirect procurement
• Making valuable contributions to manufacturing and product
development determinations
• Spreading the word: communicating the value of procurement
within the organization

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Making the determination to outsource or insource cannot be based on trends. What factors within your organization must be considered in the decision making process to make vs. buy? This master class will provide the tools to help you weigh the critical components including risk, quality, proprietary information, costs and more.
• Recognizing opportunities to insource or outsource and knowing
when to pull the trigger
• Utilizing knowledge sharing to seize favorable supply market
conditions
• Working with internal teams to identify capacity to execute
organization initiatives
• Assessing the cost benefit analysis and technology requirements
of outsourcing

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