Management Approach
Bora Pharmaceuticals is committed to building a stable, sustainable supply chain to support long-term goals. By sourcing alternative materials, diversifying suppliers, and strengthening management, we enhance supply chain resilience. Supplier selection focuses on quality certifications (e.g., GMP, ISO 9001), on-site audit results, and third-party audit records. Additionally, we ensure key raw materials are interchangeable and competitive to reduce supply chain risks and improve efficiency.
Supplier Management Approach
Bora ensures supply stability and sustainability through a diversification strategy- engaging, at least 2 interchangeable, competitive suppliers for critical materials and services to mitigate risks and control costs.
Supplier Selection Criteria Include：
- Quality certifications (e.g., GMP, GLP, GDP, ISO 9001, ISO 13485, ISO 17025).
- On-site audit results and third-party inspection records.
- Annual quality reviews, regular document updates, and audits.
We also assess suppliers’ process capabilities, product quality, on-time delivery performance, and collaboration through supplier self-assessment questionnaires, document reviews, and site audits. These efforts are meant to strengthen partnerships and create value.
New Supplier Management
New suppliers follow a 7-step evaluation process: defining scope, testing samples, gathering questionnaires, and conducting reviews and site visits. Approved suppliers are added to our qualified list, ensuring reliable supply and quality standards.
Supply Chain Review Methods
Bora Group implements a multi-level review process for suppliers to ensure that partners maintain high product quality. The review methods include the following:
