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32 articles
Most marketplaces work in a familiar direction. Sellers make their offerings visible. Buyers explore what is available, compare alternatives, narrow their options, and then engage…
Competition is one of the most powerful forces in procurement. It gives requestors alternatives, encourages vendors to differentiate their offerings, creates pressure around pricing and…
Procurement technology has become very good at making Request for Proposals (RFPs) faster. Digital platforms can distribute questions, collect responses, manage deadlines, coordinate evaluators, and…
The Request for Proposal (RFP) has survived an extraordinary amount of technological change. Procurement professionals once distributed requirements on paper. Vendors prepared physical proposal packages….
Selecting a Pharmacy Benefit Manager (PBM) has always been an important decision. PBMs influence prescription drug access, pharmacy networks, clinical programs, specialty pharmacy strategies, and…
For years, procurement technology has primarily helped organizations manage procurement more efficiently. Documents moved from filing cabinets to shared drives. Email accelerated communication. Online portals…
PBM procurement has become increasingly complex as pricing models, specialty pharmacy, transparency expectations, and regulatory attention continue evolving. This article explores seven critical pressures reshaping procurement and explains why organizations are beginning to modernize how they evaluate Pharmacy Benefit Managers.
Learn why some qualified PBMs never make it into the PBM vendor selection process, how bid lists shape competition, and how Proposal for Requestors (PfRs) improve market visibility while complementing consultant expertise.
Your organization has decided it’s time to evaluate Pharmacy Benefit Managers (PBMs). The discussion begins the way many important business decisions do. One executive recommends…
Hiring a Pharmacy Benefit Manager (PBM) is rarely something a company plans years in advance. Most organizations gradually arrive at that point. Pharmacy costs increase. Employees begin…
