A Tefen Series: Operational Excellence in the Life Sciences Part 2: Operational Excellence Programs in the Industry
Tefen Ltd. conducted a study in 2008-2009 on 11 life sciences companies. The research focused on their Operational Excellence (OpEx) programs and is discussed in this three part series.
In part one of the study, “The State of the Industry,” Caldwell, Mathew, and O’Donnell discuss how the life sciences industry is being affected by the decline of blockbuster drugs, competition from generic manufacturers and the East, and the economic crisis. “Operational Excellence Programs in the Industry,” part two of this series will explore the benefits of a lean and six sigma approach, and the necessary management to make the program work.
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