01.31.23 -- Procuring Pharma Equipment At The Speed Of Business

There are many factors to consider when tasked with acquiring the necessary equipment to run a pharmaceutical facility, including up-front costs and overhead minimization to increase profit margins. Learn how state-of-the-art used equipment can be a great strategy for cost savings for businesses.

Late-stage clinical trial failures usually result in a fair amount of exposure regarding capital equipment purchased to manufacture products at a commercial scale. The equipment, both delivered and undelivered, needs to go somewhere. Here is what to consider when you need to dispose of equipment from cancelled capital improvement projects.

Selling or disposing of surplus and unused manufacturing and packaging equipment can provide cash to your business from otherwise idled “assets.” Learn about five cost saving opportunities, beyond cash generation, that can be obtained by selling your excess capital equipment.

Surplus and idle equipment can lead to decreases in workspace and work efficiencies for a manufacturing site. Learn how you can get paid for these surplus items of equipment, clean up your workspaces, and reduce response time for things needed in production, all at the same time.

Using a contract or toll manufacturer in the specialty and custom chemical industry can be viewed as a quality and supply chain risk. Learn about equipment sourcing strategies that can be used to effectively reduce costs and risks to outsourced manufacturing for the product owner or sponsor.

Equipment is the backbone of your entire facility, and how effectively it functions affects business objectives and overall plant efficiency. Learn how turning to an organization that possesses a robust physical inventory to serve as a guide and strategic partner throughout the equipment procurement process can work for you.