The company sources components from multiple suppliers, including those manufacturing to its engineering specifications using proprietary technology, as well as off-the-shelf products that may be modified. For components with limited alternate sources, the company seeks qualified alternative suppliers and may increase inventory to mitigate supply risks. Vendor and partner relationships support the development and expansion of its life sciences platform. Raw materials are generally available from several alternate distributors or manufacturers, with alternative global sources established when difficulties occur. The company continuously works to improve sourcing and mitigate risks.
Cryoport Inc's Comment on Supply Chain
The company sources components from multiple suppliers, including those manufacturing to its engineering specifications using proprietary technology, as well as off-the-shelf products that may be modified. For components with limited alternate sources, the company seeks qualified alternative suppliers and may increase inventory to mitigate supply risks. Vendor and partner relationships support the development and expansion of its life sciences platform. Raw materials are generally available from several alternate distributors or manufacturers, with alternative global sources established when difficulties occur. The company continuously works to improve sourcing and mitigate risks.
Sources:
Cryoport inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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