Checklist for life scientists weathering the COVID-19 pandemic


It may seem challenging to keep life science research going while maintaining social distancing best practices.

However, we found, in a preliminary survey of Science Exchange providers, the large majority remain fully or partially operational.

Those survey results will be shared in an upcoming post. Meanwhile, here are some tips we’ve gathered to help life science R&D teams turn a crisis into an opportunity.

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Fixing the broken link in strategic R&D sourcing: real-time budget tracking

Real time reporting of structured budget data

As described recently in SpendMatters, “By using a tool that has contract data, spend data and supplier management data (natively or through integration), you could create a dashboard that would support the continuous analysis of trends, risk, demands or supply changes.” Science Exchange enables organizations to manage budgets for R&D services using dashboards populated with dynamic reporting of structured data showing real-time spend. […]

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