In a global marketplace characterized by turbulent change and aggressive competition, companies around the world are entering into strategic alliances to bolster their strengths and gain a competitive edge.
At Patheon, we view partnering as the strategic establishment of systematic maintenance and proactive enhancement of close, mutually beneficial, long-term business relationships. Supplier partnering should be seen as a strategic commitment between two independent firms that transcends the realm of purchasing and requires a supportive corporate philosophy. To be effective, it is fundamental to incorporate continuous improvement ideas as initiated by each partner. Thus, both sides share the benefits. It is our intent to globally establish select corporate relationships in the contract manufacturing and pharmaceutical development business segments with those companies who share this vision and strategic philosophy. This will be accomplished by nurturing team chemistry, the development of a custom operations plans; providing our partners with strong consultative support and expertise; oversight by our senior management situated within each site, and finally, the provision of a thoughtful, long-term strategic plan to accommodate a lasting business strategy across the portfolio of outsourcing needs.
Commitment to this long-term strategy will cement the relationship and provide the transition to genuine partnering. Many benefits of this proposed partnering model are evident and include:
- High Quality Deliverables
- A Scalable Competitive Edge
- The Establishment and Maintenance of Momentum
- Peace of Mind
- Innovation Through Collaboration and Cooperation at all Levels of the Organization
- Built-in Profitability Realized from Inherent Efficiencies
- Strong Team Dynamics and Continuous Improvement
- Synergy of Corporate Visions, Missions and Long Term Philosophy for Success
Bottom line, strategic partnering results not only in the achievement of consistent quality, but also in its continuous joint improvement for the mutual benefit of the partners and the organizations with whom they do business.
Strategic partnering also generates powerful forces for joint collaboration. Early Patheon involvement in evaluating global outsourcing needs is a typical and highly beneficial manifestation of the type of relationship we are proposing. The close cooperation of strategic partnering will bear rich fruit in the form of increased competitiveness which will inevitably reduce cycle time and cost. We will bring resources to bear that may not be available to your competitors who are going it alone. This unique proposition is not easily duplicated for those who may try to emulate it and will find it difficult to replicate smooth functioning operational linkages and close working relationships.
As we jointly cut waste and redundant effort, the tedium of competitive sourcing will be removed and the power of our long-term relationships will translate into lasting profitability. This creates a strong momentum of growth. This relentless quest for improvement will result in a steadily evolving or dynamic alliance. An immeasurable outcome of working closely with a reliable and trusted partner such as Patheon is peace of mind. It is immensely beneficial to know that the partner has one’s own interests at heart and will come through in any situation.
Continuous improvement requires long-term commitment. Only partners who are firmly committed to each other and in it for the long haul will provide the resources and produce the results that are necessary for the success of their partnering effort. Strategic partnering is the wave of the future because it leverages the core competencies of an organization by joining forces with complementary partners. It applies the concept of teamwork across organizational boundaries. It reengineers the process of value creation to improve the relationship between the function and cost of a product. Properly managed and implemented, we are confident the Patheon Partnering Philosophy would be a powerful force and of mutual benefit to our potential partners.