Quantifying Operational Excellence In The Life Science Industry (Part 1 Of 2)

By Kelly Smeltzer

The life science industry, encompassing pharmaceuticals, biotechnology, and medical devices, is instrumental in advancing healthcare and improving the quality of life for individuals worldwide. To thrive in this tightly regulated and fiercely competitive sector, organizations must prioritize Operational Excellence (OpEx). But, how can OpEx be quantified in the complex and ever-evolving landscape of life sciences? Explore the concept of OpEx in the life science industry and gain insight into measuring its impact.