Accelerate Diagnostics Inc's Comment on Supply Chain
The company procures various raw materials, including plastics, glass, metals, electronic and mechanical sub-assemblies, and biological and chemical products. It maintains multiple sourcing options and reviews suppliers for conflict minerals compliance. Certain components, particularly for the Accelerate Pheno system and the in-development Accelerate WAVE system, are sourced from sole suppliers. Despite cost increases driven by labor, supply disruptions, and inflation, the third-party manufacturing supply chain remains stable. The company holds sufficient inventory of Accelerate Pheno system instruments but experiences increased costs for components and raw materials used in Accelerate Pheno kits. Long-term sales agreements restrict the company's ability to pass these cost increases to customers. The company continuously monitors supplier capabilities and pursues alternative sources as necessary.
Accelerate Diagnostics Inc's Comment on Supply Chain
The company procures various raw materials, including plastics, glass, metals, electronic and mechanical sub-assemblies, and biological and chemical products. It maintains multiple sourcing options and reviews suppliers for conflict minerals compliance. Certain components, particularly for the Accelerate Pheno system and the in-development Accelerate WAVE system, are sourced from sole suppliers. Despite cost increases driven by labor, supply disruptions, and inflation, the third-party manufacturing supply chain remains stable. The company holds sufficient inventory of Accelerate Pheno system instruments but experiences increased costs for components and raw materials used in Accelerate Pheno kits. Long-term sales agreements restrict the company's ability to pass these cost increases to customers. The company continuously monitors supplier capabilities and pursues alternative sources as necessary.
Sources:
Accelerate Diagnostics 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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