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The client is a biopharmaceutical contract manufacturing firm based out of the United States and was facing challenges with ensuring affordability, quality, and delivery performance, while maintaining competitiveness. The complexity of supply chain operations, quality compliance, and evolving regulatory requirements are additional challenges faced by this biopharmaceutical contract manufacturing firm. The client, therefore, wanted to use market monitoring solutions to assist with developing solutions for the aforementioned challenges.
Other key objectives of the engagement were:
- Objective 1: To balance price demands and investments
- Objective 2: To improve efficiency in safe transportation and of the supply chain
- Objective 3: To continually evolve manufacturing technologies and operational capabilities
For biopharmaceutical contract manufacturing, it is crucial to have speed, process innovation, and operational excellence. Request a free proposal to know how industry experts at Infiniti Research can help you plan and create comprehensive action plans to attain these requirements. Request a FREE proposal here.
Infiniti’s research experts initially defined the business problem using a framework created with key questions and hypotheses specific to the US biopharmaceutical contract manufacturing market. Using market monitoring engagement, the experts selected the top firms in the biopharmaceutical contract manufacturing market, and analyzed multiple factors in comparison with the client. A technology assessment study was conducted to understand the recent technological breakthroughs in the market. A demand management study carried out by the experts helped the client understand supply chain challenges.
Business impact of market monitoring solutions for the biopharmaceutical contract manufacturing client:
By partnering with Infiniti Research, the client was able to reduce costs in manufacturing and quality divisions by adopting lean processes and improving process technology.
By leveraging Infiniti’s market monitoring solution, the biopharmaceutical contract manufacturing client was also able to:
- Invest to prevent cross-contamination and enhance operational efficiency
- Cope with a wider range of temperature requirement issues
- Reduce complexities associated with the supply chains
- Acquire a strong, competitive network with the right suppliers, manufacturing plants, and distributors
- Save huge operational costs
- Better manage inventory, distribution logic, and the complexities of the cold chain
- Sign a $2 million deal with a leading pharmaceutical company in the US
For an in-depth understanding of the biopharmaceutical contract manufacturing market and competitors, request more info here.
About Infiniti Research
Established in 2003, Infiniti Research, is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us