How to Help Ensure Your Supply Chain Security

You can now learn on the go. Click play to listen to this blog:

Successful Companies Rely on OEM Partners to Mitigate Risk

When you are on the road to commercialization, there’s a lot to keep you up at night. In the current global climate, security of supply is likely one of your main concerns. Establishing a secure and consistent supply chain may sometimes feel unmanageable or daunting. Many successful companies rely on OEM partners to help eliminate costly back-and-forth that comes with working with multiple suppliers, ensure access to the right resources, and prevent delays to market.

Unforeseen Events and Emerging Global Conditions

Starting in 2020, the snowball effect from events connected to the COVID-19 pandemic accelerated production issues, impacting nearly 170 industries. In the life sciences and clinical markets, a key issue has been the global chip shortage for many scientific instruments. This is a prime example of unforeseen ways that security of supply can affect your journey to market. If your product development process relies on instruments, a global shortage could slow down your workflow – or even stop it from moving forward.

Global Supply Trends and Risks

Having the right OEM partner at your side can help minimize risk as they are closely watching global supply trends. They can also leverage the power of their internal alliance management and product teams to quickly prioritize your business needs based on your contract, volume, or partnership status. They may also be able to offer you a like substitute. Your risk is mitigated because of the dedicated team working behind the scenes to support you with expertise, communication, networking, and resources.

Working with the right OEM partner means that you spend less time managing suppliers and more time innovating. Of course, not every OEM partner can offer the same security of supply. Choosing the right one is imperative.

Access to Critical Resources

To avoid delays, you need high-quality raw materials and commercial services that aren’t interrupted by product inconsistencies, compounding costs, delivery delays, and global supply shortages. Your OEM partner should have the global reach and resources to support you wherever you are located or marketing.

Industry-Specific Expertise

It takes creative and critical thinking alike to navigate the nuances of the supply chain. Having an established OEM partner is akin to having an experienced trail guide on a rocky path: their expertise and personal knowledge adds security and safety to your journey.

Partner with the Thermo Fisher Scientific Genetic Sciences OEM Team

An OEM Leader in Science

You need an OEM partner that can help you save time and money by ensuring consistency. You need a leader in science who’s backed by decades of experience and global resources. You need a company that is connected to a reliable supply chain allowing you to maintain good relationships with the customers that you serve as well. The Thermo Fisher genetic sciences OEM and commercial supply team can be that partner to support your needs.

Leverage a World of Resources and Expertise

When you partner with us, you’re leveraging a world of resources dedicated to your success including:

Streamlined supply logistics and ordering processes with dedicated white glove
Prioritized access to demand-restricted products and resources; minimizing supply shortages
50+ global manufacturing sites and distribution centers
Strategic manufacturing site redundancy
Outstanding quality supported by our International Organization for Standardization (ISO) certifications
And a team working on your behalf to predict trends, share industry-specific insights, and provide

Security of Supply with a Dedicated Partnership

No matter where you are in the commercialization process, the Thermo Fisher genetic sciences OEM team is ready to support you. And as far as security of supply is concerned, you can rest assured that your partner is keeping a close watch on your supply needs.

Get Peace of Mind Through Security of Supply
Connect with our Business Development Managers to learn more.

Connect with us

References:

These 169 industries are being hit by the global chip shortage. Yahoo Finance. 25 April 2021