Article | November 4, 2021

The Role Of Supply Agreements In Life Sciences Manufacturing

By David Butcher, MasertControl

Partnership of business concept

The COVID-19 pandemic has had an extraordinary impact on supply chains. Across the globe, life sciences organizations that rely on supply chains to provide protective or life-saving products have experienced the pandemic’s disruptive effect, no matter the complexity of their supply chain.

In light of the disruption and the urgency around fast delivery of high-quality products, it makes sense that manufacturers and their suppliers might reassess their relationships and obligations to one another to manage the results of disruption to supply chain partners.

Manufacturer-supplier relationships should always be built on communication, collaboration, and a mutually beneficial partnership. Otherwise, risks grow greater in likelihood and consequence. If there are issues hindering supplier performance, the manufacturer and supplier should work together to resolve those issues quickly. Working with your supply partners to achieve their obligations starts with understanding your company’s existing supply agreements.

In this blog we review why it is wise to use a supply agreement, what is should cover and the difference between a supply agreement and supplier quality agreement.

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