Following a Lean Six Sigma project, the US Veterans Affairs CSP Clinical Research Pharmacy (VACSP), a US government clinical trial agency, improved and integrated the budget development process and, as a result, improved the process and reduced budget cycle time. VACSP achieved an Internal Budget Development Cycle Time of 11.55 days in 2008 and 9.06 days in 2009 against and Industry Benchmark obtained from Daiichi Sankyo, a drug company, of 14.00 days....

BPIR Categories

15.3.1 Financial performance
15.6.11 Financial management

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