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Vendor selection and Management

Vendor
Selection

While choosing a vendor, you will wish to consider all possible factors like expertise, capability, cost, credibility, differentiation, scope-inclusion/exclusion, references and many more. Unfortunately, this takes a lot of time and attention – from critical team-members of your team. On the other hand, validating proposals from a host of vendors, is not a core R&D activity and can be outsourced.
FERVOR experts have a long experience in performing Vendor Identification & briefing, RFP building, Proposal-review, Remote or On-site review of Vendor capabilities, Reference check, Scope refinement, Contract finalization and Contract Management. We can work with you, end-to-end throughout the outsourcing value-chain.
We can also help you identify vendors for any customized services, that are not routinely sought/ offered. Our long-standing relationship with Vendors (Pre-clinical Discovery phase to Clinical development activities) will ensure an un-matched flexibility and thereby increasing your opportunity for success.
Contractors, suppliers and other 3rd parties play a key role in today’s modern pharmaceutical industry. As pharmaceutical companies continue to look further afield in search of economical vendors, but to build a network of vendor that has the knowledge, expertise and has access to world-class solutions, FERVOR is one stop solution for you.

Vendor Management

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