Reduce Supply Chain Disruptions With Second Sourcing

Learn from a CDMO that was at risk of a facility shutdown when one of the high-volume raw materials critical to its manufacturing process experienced a global shortage. The shortage occurred after an increased demand for the raw materials usage in all biologic processing. The CDMO’s demand for use of the chemical surged by 172%.

The short-term solution for counteracting supply chain risks was to hold excessive safety stock in their warehouse, increasing the inventory carrying costs, but management knew that was not a sustainable practice. Find out how their collaboration with Thermo Fisher Scientific led to a more permanent solution to improve their process and ability to source materials.