Innovative Sourcing Strategies

Topics:
Sourcing
Tags:
Allocation,
Business Operations,
Johnson & Johnson,
Management,
Pharmaceutical Company,
Purchasing & Procurement,
Sourcing,
Strategic Sourcing,
Strategy
Source:
Johnson & Johnson

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Overview: The efficient allocation of capital, particularly in the "make or buy" decision, has the power to increase earnings and shareholder value. The state of the pharmaceutical industry makes strategic sourcing decisions more important and more urgent than ever. What are the benefits and possible problems inherent in sourcing, and what are the best ways to innovate and implement a sourcing strategy? The choices that leaders of pharmaceutical companies make in the allocation and management of capital have the power to increase shareholder value improve profitability, provide the resources to fund strategic investments internally, and shorten response time and customer service.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 33KB | Date: May 2001 | Pages: 12

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