Implementing a Robust Supplier Management System for Comprehensive Risk Assessment in Pharmaceuticals

Objective

A large research firm, on behalf of a pharmaceutical company reached out to us. The objective is implementation of a supplier management system that will enable them to have a comprehensive risk assessment related to third parties. The client wants insights across the following:

  1. Identification of potential issues 
  2. Quality control mechanisms
  3. Supply chain disruptions 
  4. Risk mitigation 
  5. Business impact

Approach

The team at Liquid Sample engaged with industry experts from leading pharmaceutical companies based in Germany. The Liquid Sample team recruited twenty experts and leaders for ninety-minute video consultations, leveraging our first-part database and custom recruiting expertise. A few of the audience profiles:

  • VP – Supply Chain 
  • Chief Supply Chain Officer at a global pharmaceutical company
  • Director of Supply chain and distribution at a listed pharmaceutical company
  • R&D Director and Vice President at a pharmaceutical company
  • Quality Control & Assurance Manager

Results

The in-depth insights from the consultation helped the client develop an effective supplier management system, which helped them gain a complete understanding of the following: 

  • Product quality guidelines for evaluating the manufacturing standards that suppliers follow
  • Product safety and quality control specifications against which the suppliers are inspected.
  • Supply chain disruptions. 
  • Robust risk management strategy, which helped in mitigation of potential risks.
  • Regulatory compliance to ensure that suppliers comply with international and local regulatory standards
  • Ensure suppliers’ adherence to Good Manufacturing Practice (GMP) regulations and other relevant guidelines.

About Liquid Sample

Liquid Sample is the premier qualitative research and expert interviewing firm, founded in 2010. We leverage AI-led precise database matching and strategic custom recruiting to help our clients onboard the best-fit B2B respondents. Our services include senior executive interviewing, expert network interviewing, and stakeholder research using quantitative, qualitative, and mixed-mode methods.

Our unwavering commitment to providing high-quality insights powered by accurate data has enabled us to respond to our client’s most critical business needs. With over 13 years of experience, Liquid Sample has consistently delivered exceptional results and provided reliable and actionable insights to give you a competitive edge in the market.

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