BDO utilizes sophisticated global portfolio modeling to quantify the impacts of supply chain changes and enable strategic decision-making. This includes the ability to streamline scenario analyses and ‘what-if?’ cases, allowing companies to proactively assess the potential consequences of different strategic options.
BDO’s BioProcess Technology Group (BPTG) offers a comprehensive suite of services designed to provide life sciences companies with the strategic supply chain guidance needed to thrive.
- Evaluation of tariff impacts: BPTG with BDO’s Customs & International Trade Services analyzes how potential tariffs will impact the procurement of raw materials and consumables (including comparative analysis of current vs. alternative suppliers and integration of secondary suppliers) and product sales to US or other global markets. This enables companies to develop strategies to mitigate tariff-related risks and optimize their COGs.
- Analysis of manufacturing in alternate geographies: BPTG models the impact of relocating DS or DP manufacturing to the US or other non-impacted countries, considering factors such as decreasing import tariffs and customs fees, sourcing of raw materials, capital expenditure, labor, operating costs, tech transfer and regulatory costs, start-up costs, and investments in new construction, acquisitions, or reopening facilities.
- Customs Duty/Tariffs analysis: BDO’s Customs & International Trade Services evaluates the customs and trade implications of manufacturing in alternate geographies, including changes in customs duties/tariffs fees and import taxes/fees, and working with companies in complying with new tariff measures, and to identify opportunities for tariff relief and supply chain diversification moving forward. This holistic approach enables you to make financial decisions with a full understanding of the tariffs landscape.
How BDO Can Help
In today’s dynamic global environment, life sciences companies need a strategic plan to navigate the complexities of their supply chains. BPTG offers the deep industry experience, advanced modeling capabilities, and comprehensive support services necessary to optimize supply chains, mitigate risks, drive value, and ensure long-term success. By teaming with BDO, life sciences companies can gain the clarity and strategic direction needed to make informed decisions, achieve operational excellence, and ultimately deliver critical therapies to patients worldwide.
Contact BDO today to give your supply chain a powerful competitive advantage.