Global business services can help companies yield sustainable improvements and unlock value.
The significant, early business enhancements that pharmaceutical companies first achieved through offshore shared services and outsourcing have diminished over time, causing companies to look for a more transformative model that yields sustainable improvements, not only in efficiency gains but also in unlocking value.
One important means of achieving these results is the establishment of global business services (GBS), a cross-functional, globe-spanning model that integrates resources, capabilities and systems throughout the entire enterprise. GBS includes shared services and outsourcing in the model and then goes beyond to extend the operational improvements further into every corner of the organization.
The report explains the orientation of end-to-end processes as part of GBS that can enable a company to adopt new technologies more rapidly and benefit from them faster. The report also clearly lays out the five benefits, the 10 dimensions and five levels of maturity of GBS.
This report provides a great starting point for any life sciences organization trying to achieve true success in the future or for those companies looking to overcome some stumbling blocks along the way.
© 2020 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved.
KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit https://home.kpmg/governance.
Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.