With a finite pool of investment capital available, outsourcing of noncore functions is likely to be top of your list to consider.
In the case of buffer production, understanding your cost-per-liter is an important first step in evaluating the economics of your manufacturing process and making an informed decision.
The use of economic modelling, inputted with data unique to your facility and manufacturing process, is a good way to accurately calculate your cost-per-liter. Cost parameters you may want to factor in, include:
Utility spend
Labour
Equipment
Building cost
Buffer ingredients
Once annual costs and breakdowns have been calculated, the cost-efficiency of individual steps, and whether the use of pre-prepared materials or outsourcing options could improve production economics, can be considered.
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