Pharmaceutical and Medical Products Industry Practice
Our world and lives are changing. As the global community evolves, pharmaceuticals and medical products continue to make significant contributions to the global human condition, our quality of life, eco-responsibility, and sustainability. As pharmaceutical and medical products deliver life-changing innovation, global pricing pressures, and increased competition and regulation present real challenges for the industries.
We work with leading pharmaceutical and medical product manufacturers to create business value and deliver high impact results. Our experience in all aspects of pharmaceutical and medical product operations allows us to help clients identify opportunities for efficient transformation, revenue optimization and balanced cost reduction.
Industry Insights
AI: Pharmaceutical and MedTech Manufacturing, Quality Assurance
AI is transforming the way Drugs and MedTech products are manufactured, predicting quality issues & adverse reactions before they happen.
Customer Centricity – Driving repeat business through customer loyalty
0 commentsCustomer Centricity, be passionate and truly put the customer comes first, commit to building relationships and be a brand that analyzes and plans.
Continuous Biomanufacturing: Pharmaceutical Industry
0 commentsExecutives predict that it will take the biotech industry a decade before it achieves end-to-end continuous biomanufacturing. Learn how WGA can help today.
Big Data Remains an Opportunity and a Challenge for Pharma
0 commentsBig Data innovations in the pharmaceutical industry have the potential to revolutionize new life-saving drug development and patient outcomes.
Patient Centric in Pharma: Best for the brand and the Patient
0 commentsPatient Centric and the Pharmaceutical Industry. What’s best for the brand may not be the best for the patient. Improving Patient outcomes.
WGA’s Pharmaceutical and Medical Product Expertise
We take a fully engaged approach to working with our pharmaceutical and medical product clients, with a focus on simple to execute and sustain strategies that result in direct financial impact.
Our Pharmaceutical and Medical Products Industry services include:
Operations
Medical Products
- Network Strategy
- Manufacturing
- Supply Chain Management
- Quality and Compliance
- Strategy
- Commercialization
- Organization
- Operations
Network strategy
We analyze our client’s internal and external manufacturing, and supply chain networks to align corporate strategy, compliance, quality and cost with enduring results. We also help our clients balance production in lower cost countries with supply risks, optimize global manufacturing configurations, turnaround under-performing plants, assisting with plant closures or transfer of operations, products and technology.
Industry Manufacturing
We transform shopfloor efficiency through the use of world-class lean manufacturing tools and principles. We examine and benchmark industry standards (e.g. maintenance, facilities, cleaning standards, technologies, methods, practices, process), manufacturing costs and productivity profiles to industry competitors in the active pharmaceutical ingredients (API), biologics and product fill/finish industry segments.
Supply Chain Management
We focus on simplifying complexity, aggressively mitigating risk and security, eliminating waste, re-engineering distribution networks, lowering inventory levels, re-mediating backorders and sustain reliable supply.
Quality and Compliance
Our commitment to product safety, quality and compliance is at the core of our services. We help clients globally align quality standards and practices, reenforce a quality focused culture, improve risk management methods, and internalize quality and compliance in all aspects of operations to achieve a balanced compliance profile.
Strategy
We help pharmaceutical and medical products companies address issues ranging from business unit strategy to overall corporate strategy. Among other topics, we can assist with mergers and acquisitions, including post-merger management, market entry and growth, business unit turnaround, and development of a new business.
Commercialization
Our pharmaceutical and medical products work focuses on four areas: product launch, marketing, sales, and market access. For instance, we can assist with pharmaceutical and medical products growth strategies, pricing, pharmaceutical and medical products market development, promotional campaigns, customer segmentation and targeting, pharmaceutical and medical products sales force effectiveness, and payor reimbursement. We also support clients in developing innovative commercial models and executing commercial strategies.
Organization
We support pharmaceutical and medical product businesses with all types of organizational challenges, including global expansion and entry into emerging markets. In addition to providing advice on structure and governance, we assist with issues related to a company’s culture and its overall “health,” such as mindset and behavior problems that hinder performance. We have experience with organizational issues in all departments, including medical, clinical, and regulatory.
Operations
Our pharmaceutical and medical products operations expertise covers six main areas: manufacturing, supply chain management, external supply, quality and compliance, network strategy, and product development and lifecycle strategy. For instance, we can help pharmaceutical and medical products clients apply lean process improvements to all operational areas, including manufacturing, finance, and back-office functions. We also frequently support pharmaceutical and medical product clients in investigating offshoring and outsourcing options, as well as possible partnerships with pharmaceutical and medical product contract manufacturing organizations (CMOs).
Pharmaceutical Best Practices: Benchmark and Recommended Current Practices (RCP)
WGA’s proprietary Recommended Current Practices (RCP) best practices benchmark standard is a collaboratively developed industry benchmark. RCP combines current pharmaceutical and medical product industry best practices with maturity models to score, rank and compare a broad array of specific manufacturing capabilities (e.g. leadership, manufacturing, planning, maintenance, equipment, engineering, facilities and cleaning).
RCP Asset Management Capability Example
This capability includes over 320+ recommended elements in maintenance, engineering and materials management
– Culture and Leadership
Lean Six Sigma Culture, Decision-making, tone from the top, leadership commitment and oversight
– Asset Care & Lifecycle
Preventative maintenance, failure rates and monitoring of facilities, utilities, environmental, tools and manufacturing equipment
– Personnel Qualification
Competency, proficiency and on-going talent development
– Materials Management
Reliability and management of spare parts, duplicate parts and materials
– Planning & Scheduling
Integrated coordination of preventative maintenance and the manufacturing production schedule
– Technical Information
Management of facilities, utilities, environmental, tools and manufacturing equipment technical and training materials
Client Recommendations
Case Studies
AI: Pharmaceutical and MedTech Manufacturing, Quality Assurance
AI is transforming the way Drugs and MedTech products are manufactured, predicting quality issues & adverse reactions before they happen.
Customer Centricity – Driving repeat business through customer loyalty
0 commentsCustomer Centricity, be passionate and truly put the customer comes first, commit to building relationships and be a brand that analyzes and plans.
Continuous Biomanufacturing: Pharmaceutical Industry
0 commentsExecutives predict that it will take the biotech industry a decade before it achieves end-to-end continuous biomanufacturing. Learn how WGA can help today.
Big Data Remains an Opportunity and a Challenge for Pharma
0 commentsBig Data innovations in the pharmaceutical industry have the potential to revolutionize new life-saving drug development and patient outcomes.
Patient Centric in Pharma: Best for the brand and the Patient
0 commentsPatient Centric and the Pharmaceutical Industry. What’s best for the brand may not be the best for the patient. Improving Patient outcomes.
Case Study: Maintenance Cost Reduction with RCP
Dramatic and sustainable pharmaceutical plant maintenance annual cost reductions with WGA’s Recommended Current Practices RCP Benchmark service.
Case Study: Pharmaceutical Maintenance Excellence with RCP
Unnecessary supply disruptions caused by maintenance and spare part management failures resolved with Pharmaceutical Maintenance Excellence with WGA’s RCP
Case Study: Pharmaceutical Maintenance – WGA’s RCP benchmark
FDA regulatory maintenance findings threatens $2.3 Billion/year in pharmaceutical trade revenue. WGA’s RCP Pharmaceutical Maintenance benchmark case study
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