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budget cuts

The Procurement Process

by Lina Genovesi
Pharmaceutical companies, healthcare providers, research organizations, universities, and government agencies are continuously under pressure to cut costs due to a generalized economic downturn. This pressure has moved the procurement process to the forefront, with managers looking to achieve better business performance through more effective management of categories, suppliers, and teams.1

An Enterprise Approach to R&D Informatics

by Michael Doyle, Ph.D.
Whether they are developing a new drug, dish detergent, airplane parts or computer chips, companies with heavy R&D requirements face a number of tough challenges. The ongoing economic recession means that businesses everywhere need to rein in spending and do more with less.