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Experts at PCI Pharma Services discuss trends and challenges associated with digital transformation in the pharmaceutical industry.
Released By PCI Pharma Services
October 12, 2023
Wayne Hull, Chief Digital & Technology Officer at PCI Pharma Services, and Kristi Lecher, PCI’s Senior Director of Global Digital Supply Chain, discuss trends and challenges associated with digital transformation in the pharmaceutical industry, specifically relating to the supply chain management platform, pci | bridge™. Contract Pharma: How is digital transformation reshaping the pharmaceutical industry? Wayne Hull: Contract development and manufacturing organizations (CDMOs) are an integral part of the pharmaceutical industry today to achieve speed and quality when delivering therapies to patients. Hence, having the capability as a CDMO to interact seamlessly with your clinical and commercial customers is more critical than ever. At the core of this capability are digital processes, platforms, and data, and this is what PCI Pharma services have built. CP: What are the key challenges that pharmaceutical companies face in adopting digital transformation strategies? Are there any drawbacks? Wayne: CDMOs traditionally are digital laggards rather than leaders. Hence, transformational change is not an institutional capability. What is different about PCI Pharma Services is that we have adopted world class corporate systems, built an innovative customer digital platform, and are working tirelessly on aligning our business processes and information. These actions all support our goal to make our customers’ engagement with PCI most the efficient across the industry. Kristi Lecher: One of the key challenges we observe in the journey of digital transformation is that it is such a broad term. As a result, finding the right approach for their respective organizational structures and data ecosystem can seem daunting. Taking a pragmatic approach to what’s achievable and required vs idealistic and blue sky will help. It’s important to do a few things early in the process: 1. Have a clear strategy for the approach. 2. Understand what roles and organizational structures may need to change. 3. Have experienced resources guiding the right functions, and 4. Have the requisite funding to move forward with the strategy. Go into this knowing you’re likely going to find some quick, low hanging fruit in processes to optimize. But be aware that changing the behaviors of resources to adopt digital tools and setting standards for the data requirements to support the efforts will likely follow a longer curve and will require strong change management. While there are considerations, I don’t believe there are drawbacks to digital transformation, all progress toward a goal of modernization and efficiency is good progress.
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