cGMP Assurance Of Supply Services: Reducing Lead Time

For Contract Development Manufacturing Organizations (CDMOs) facing the need for a high volume of safety stock inventory to support customer portfolio growth, expansion is a big topic of concern. One such mid-size CDMO estimated they would need a 15,000 ft² expansion to meet business objectives, making options to reduce the need for capital expenditures a high priority. Thermo Fisher assessed the raw material inventory levels required for production and evaluated the company's supply availability, customers' forecasted demands and supplier lead times. The solution Thermo Fisher presented, was a stocking agreement to help the CDMO optimize its inventory management, saving costs, improving efficiency, and freeing resources for growth.