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Best Practice Database
Competitive and Business Intelligence » Contracting Vendor/ Outsourcing
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22 Best Practices
Single User: Authorizes use by the person who places the order or for whom the order was placed.
Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.
Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
Market research groups in the pharmaceutical and biotech industries heavily rely on external vendors for primary market research to support their internal clients. Like other functions that work with vendors, market research groups often struggle to strike the optimal balance between controlling cost and delivering quality insights.
This benchmarking research study examines vendor management strategies to help bio-pharma market research groups provide support and value that aligns with broader organizational goals and commercial objectives. In particular, this research explores trends and efficiencies in the use of exclusive vendor partnerships.
Market research leaders can use this research to compare their organization’s contracting strategy and vendor usage model with those of their industry peers.
A total of 37 representatives from 26 companies participated in this research. All participating companies belong to the bio-pharmaceutical or medical device industries.
Best Practices, LLC used both field surveys and interviews to complete this study. All participants contributed survey data, while deep-dive interviews were also conducted with ten market research executives leaders to harvest additional key insights.
Key topics include:
If you purchase Best Practice Database document(s), you will have 30 days from the date of purchase to apply some or all of the cost of the document(s) toward the cost of a Full Access Individual, Pharma, Group or University Membership. Write us at DatabaseTeam@bestpracticesllc.com or call David Guinn at 919-767-9179 if you have any questions.