Strategic Sourcing Solutions: The Truth About CRO's
Within the industry, when a company needs an outsourcing solution for clinical trials, they often turn to pure Clinical Research Outsource (CRO) or contingent labor strategies for help. Both models have strong positive characteristics:
Contingent Labor:
- Flexible workforce allowing one to flex up and down as needed
- Reduced cost given ability to have resources when they are needed
- Able to access specialist, scarce skill sets for targeted timeframes
- Lower risk in uncertain economic environment as no need to reduce permanent headcount
CRO Firm:
- Full-time dedicated personnel
- High level of specific knowledge and practice assets
- Strong centralization and project management
However, Advanced Clinical believes the best solution is a “strategic” one that blends the best elements of a pure staffing solution and a CRO firm. Our “Hybrid-Strategic Sourcing” model consists of:
- Proven model to integrate teams, combining our consulting experience and methodology
- Leading practice methodologies, tools and assets that accelerate results
- True flexibility across six dimensions
- Our strong resource management model , which creates high retention
- Complete business transparency and control via our One Team approach, as well as a joint-focused, comprehensive risk management approach
- Our sophisticated value management model, which includes metrics for retention, productivity and risk management, to improve both the costs and revenue for our clients
