(123c) Contract Manufacturing: Increasing Project Speed & Managing Market Uncertainty
AIChE Spring Meeting and Global Congress on Process Safety
2016
2016 AIChE Spring Meeting and 12th Global Congress on Process Safety
Innovative Manufacturing
Toll Manufacturing of Chemicals
Tuesday, April 12, 2016 - 2:30pm to 3:00pm
This presentation gives examples where utilizing contract manufacturing was successful in bringing production capabilities on-steam in an extremely short amount of time. This competence is critical in case of unexpected demand surge, significant internal manufacturing issues or bringing new products to market with increased speed.
Contract manufacturers are also more capable of diverting resources (equipment and personnel) to other activities during market downturns or incubation periods for new product introduction. This talk will also share examples that relate to managing market uncertainty by leveraging the flexibility many Toll Manufacturers provide.
Best practices SABIC has developed from these experiences will be shared. Additionally learnings related to establishing product quality, understanding costs and the time needed to transition process technologies to Contract Manufacturers will be discussed.