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Effective vendor management contributes to cost optimization, risk mitigation , and quality assurance. In clinical research , vendor management involves stringent regulatory requirements , including ICH E6 Good Clinical Practice, ISO 14155, FDA 21 CFR Part 50, and Regulation (EU) No 536/2014.
They send out Requests for Information (RFI) to gather initial data on suppliers' capabilities and compliance with industry standards. It's about identifying gaps in your procurement practices and finding inspiration in the bestpractices out there.
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