Hi! How are you? I hope that you are doing great on these days, at the beginning of September. This is my favorite time of the year. It is charming because the weather is cooler, the color of the trees start to change just like in a painting of Monet’s… Just like nature, there are changes in people like everyone is different and more active at their work after their vacation in summer, parents get excited about the upcoming school year for their kids and many other changes… It is a new beginning for people, nature and a new season!
I have been receiving questions about Regulatory Affairs Services from my colleagues recently and I attended to a webinar on outsourcing this kind of services. So, afterwards I felt that I should clarify a few items, as a consultant, on why getting regulatory affairs services can be good for you.
- Sticking to the timeline: Timing is a very important parameter in Regulatory Affairs as it is in many other branches. And your boss or manager always wants the things to be done on time or sometimes even before. Sometimes they may also expect you to complete so many projects at a time. Moreover, timing is critical in procedures like DCP, MRP etc. Asking for help does not mean being lazy or having lack of performance in certain cases, like, there may be times when so much is expected and sometimes can be beyond the limits or there may not be sufficient number of people. So at this stage asking for support is a good idea in order to do the work properly and on time. This way both you and your company will win and save time.
- Saving money: Building on Point 1 above, actually you save money as well as time. Regulatory Affairs is a very important department in order to place the product in the market. And your company loses money if it stays behind the timelines. So, the sooner you register the product, more profit you get.
- Growing: Your Company can be on a small scale or new. So at this point if you do not have experienced staff in that area, it can be appropriate for you to outsource it. This may give you the opportunity to get the experience on the RA procedure, and get training for the personnel in this area.
- Know-How: Your Company may be in the expanding stage in the global market and may not have the sufficient information on the Regulation and the procedure in the relevant market. It can be beneficial for you to get support and consultancy on Regulatory Affairs Services. This will help you to get over the procedure and network barrier as well as the language barrier. Having consultants familiar with the relevant market that you are new in, brings you advantage in growing faster as a company there.
By the way I would like to hear your comments and experiences on this, when you had such a service. What advantage did it bring to you? What could be better? Please share them below.
Have a wonderful week!
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