While sometimes this decision is based purely upon economic considerations such as the high cost of new equipment, limited resources at existing manufacturing facilities, or concerns over raw material and finished product logistics, other times this decision simply boils down to an issue of risk management.
Let’s face it, new product development can be risky; particularly when product life-cycles are short, market conditions change rapidly, and agile competitors are well positioned to enter new markets quiclky and effectively. As a contract manufacturing partner, CHEM Group stands ready to respond quickly and economically to the challenges of new product commercialization. With a broad range of assets already in place, we remain flexible and efficient in our ability to manage change, overcome technical obstacles, address manufacturing bottlenecks, and provide for continuous process improvement. All to ensure that we succeed together.