Drugmakers face new challenges with supplier management training

On December 6, 2024, a new training course was announced by ResearchAndMarkets.com, aimed at improving supplier management in the device and drug manufacturing sectors. Set to occur online on January 22-23, 2025, the course focuses on critical aspects such as supplier qualification, contract management, and auditing strategies. It will teach attendees how to utilize risk assessment to rank suppliers, helping to streamline auditing processes while ensuring compliance with regulatory demands in Europe and beyond. The course is particularly timely, given the increasingly complex regulatory landscape that companies in the pharmaceutical and medical device industries face. Participants will gain insights into effective supplier management practices that are essential for maintaining quality assurance and control. Learning outcomes include the development of supplier scorecards, quality agreements, and strategies for managing supplier relationships, which are crucial for navigating potential risks associated with supplier performance. Specific topics covered in the training include determining the viability of sole sources, performing desktop assessments, and conducting supplier audits when necessary. This comprehensive program is designed for professionals across various levels, including managers, supervisors, and vice-presidents involved in quality assurance, supply chain management, and drug development. It aims to equip attendees with the skills needed to ensure effective supplier management, thereby enhancing overall product quality and compliance. Overall, this training is an integral part of ensuring that organizations remain competitive and compliant in a challenging regulatory environment. By focusing on practical strategies for supplier management, the training aims to reduce costs associated with supplier issues and improve the efficiency of the overall supply chain. The proactive approach in understanding supplier dynamics and implementing quality agreements will facilitate better communication with suppliers and ultimately lead to improved outcomes in product delivery.