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EquaTerra Value Assurance Analysis Helps to Maximise the Value of Outsourcing for a Global Pharmaceutical Company
EquaTerra deconstructed and reconstructed the contract between this leading specialist pharmaceutical company and its IT outsourcing service provider and carried out its ’6P’ Value Assurance analysis. A Value Assurance exercise offers a route to effectively aligning service expectations, perceptions and realities in a long term agreement to maximise value. It takes a more holistic view than a benchmarking exercise alone and includes an assessment of the ‘6P’ areas of the relationship: Plan & Potential, Performance, Process, Price & Commercials, Perception and People & Governance.