Ratan Ratnesh

Director, Clinical Outsourcing
Otsuka Pharmaceutical Companies (U.S.)

Ratan Ratnesh is a Director and Head of Clinical Outsourcing at Otsuka Pharmaceutical. He received his Bachelors in Mechanical Engineering from National Institute of Technology, India and an MBA from University of Louisiana. Ratan has broad experience in strategic sourcing, clinical outsourcing, operations and supply chain improvements in Fortune 500 and growth companies. He started his career in management consulting specializing in supply-chain across different industries and moved to clinical outsourcing in early 2000. In Pharmaceutical industry he worked at Wyeth and Novartis prior to joining Otsuka and he has managed different categories related to clinical outsourcing.

Check out the incredible speaker line-up to see who will be joining Ratan.

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Using Procurement to Drive Value in Today’s Fluctuating Pharma Industry

Sunday, November 5th, 2017

09:30 Category Management in Clinical Development – How to Determine the Best Sourcing Approach for your Organization

Given the sensitive nature of clinical trials, the way they are purchased and the agreements involved can be cumbersome and complicated. Dave Freschi and Ratan Ratnesh will walk us through best practices involved with sourcing this expensive category specifically. They will talk about things like:

-Ranking and evaluating key outsourcing variables — the money, the contract and the people
-Understanding the perspective of legal, compliance and R&D before conducting research on perspective suppliers and analyze criteria and considerations for vetting CMOs
-Reviewing potential vendors, requesting proposals (what info should be included)
-Writing up outsourcing specific contracts and coming up with long term KPI’s to evaluate vendors you choose to work with
-What is the lifecycle of an outsourcing engagement? How does that evolve over time?