Make Your Supply Chain Work Smarter: Dual Sourcing With a TCO Twist
Information
Navigating the evolving terrain of biologics from development through commercialisation requires a resilient and dependable supply chain. Dual sourcing, which involves procuring essential materials from two distinct suppliers, has emerged as a pivotal strategy to help mitigate risks and enhance supply chain resilience. This presentation delves into the dual sourcing model, integrating insights from Total Cost of Ownership (TCO) analysis to help optimise supply chain performance for bioprocessors. By striving to make your supply chain cost-effective and reliable, and ensuring it works as diligently as you do, you can better position yourself to meet the demands of today’s competitive market.
Key Takeaways:
•Understand the concept of dual sourcing and its impact on risk mitigation, flexibility, and supply chain resilience.
•Gain a basic understanding of how TCO analysis can enhance cost efficiency.
•Discover best practices from case studies on developing a dual sourcing strategy and conducting your own TCO analysis.
