Pharmaceutical Manufacturers Look To Workforce Management Software To Counter Industry Challenges

By Eric Newmark, Program Director, Life Science Business Systems Strategies

Pharmaceutical manufacturers continue to endure considerable top-line and bottom-line pressure as the industry grapples with widespread patent expirations, shrinking product pipelines, increasing generic competition, growing regulatory oversight, rising compliance costs, and an uncertain economy. As a result, the pharmaceutical industry is working hard to reduce costs, expand product margins, and increase employee productivity. While adjustments are needed across all areas of the business, the manufacturing and sales and marketing environments are receiving extensive attention due to the significant reformation that both settings are currently experiencing. In response, pharmaceutical companies are increasing their utilization of workforce management solutions to help counter these broad industry challenges.