The company sources essential raw materials from multiple suppliers, including Berry Global, Inc., DeWolf Chemical, Inc., and Univar, Inc. Some components are obtained from sole suppliers due to quality, availability, or cost considerations. The company maintains sufficient inventory to prevent significant production disruptions. However, reliance on these suppliers presents risks such as interruptions, delays, increased costs, and quality issues if deliveries are not met. The company believes that other suppliers can adequately provide the necessary components and raw materials given its size and scale.
Nexgel Inc's Comment on Supply Chain
The company sources essential raw materials from multiple suppliers, including Berry Global, Inc., DeWolf Chemical, Inc., and Univar, Inc. Some components are obtained from sole suppliers due to quality, availability, or cost considerations. The company maintains sufficient inventory to prevent significant production disruptions. However, reliance on these suppliers presents risks such as interruptions, delays, increased costs, and quality issues if deliveries are not met. The company believes that other suppliers can adequately provide the necessary components and raw materials given its size and scale.
Sources:
Nexgel 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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