Sturdiness Amidst Unpredictability
Bachem, a trusted partner in the pharmaceutical industry, is playing a significant role in enhancing supply chain resilience. This Swiss-based company offers a reliable and secure supply of Peptide and Oligonucleotide APIs (Active Pharmaceutical Ingredients) to pharmaceutical and biotechnology companies worldwide.
The company's approach to a secure and robust supply chain is grounded on four essential pillars: visibility, flexibility, collaboration, and control & transparency.
Visibility
Bachem's global enterprise resource planning (ERP) system provides real-time insights across operations, allowing for early detection and addressing of issues. This real-time monitoring of activities, from sourcing to delivery, ensures a seamless, responsive supply chain.
Flexibility
Flexibility in supply chain management is crucial for adapting to disturbances. Bachem's strategy involves having contingency plans such as alternative supplies or production sites. This flexibility enables the company to meet demand fluctuations effectively.
Collaboration
Collaboration with internal and external partners boosts supply chain resilience, ensuring an effective response to disturbances. Bachem's internal collaboration increases efficiency and agility, connecting procurement and distribution. The company's vertical integration includes in-house manufacturing and close collaboration with long-term suppliers.
Control & Transparency
Control & Transparency in the supply chain builds trust, through clear communication, data management, and regulatory compliance. Bachem's approach to building a resilient supply chain involves tighter quality control, ensuring the delivery of high-quality pharmaceutical products worldwide.
An exemplary application of these principles can be seen in Pfizer's supply chain. The pharmaceutical giant has implemented a global ERP system using SAP modules like RISE with SAP and Extended Warehouse Management (EWM). This system has helped Pfizer build its supply chain robustness in the VUCA world, ensuring compliance and resilience in their complex supply chains. VUCA, in the pharmaceutical industry, represents Volatility, Uncertainty, Complexity, and Ambiguity.
In conclusion, Bachem's commitment to visibility, flexibility, collaboration, and control & transparency is a significant contribution to the pharmaceutical industry's resilience. By offering a comprehensive range of services, including Peptide and Oligonucleotide API manufacturing, Bachem is a trusted partner in ensuring the continuous supply of critical materials, reducing dependence on third-party suppliers, and maintaining the highest standards of quality control.
