“Key Supplier Risk
Biome's key supplier risk stems from its reliance on only two suppliers in Europe for its core probiotic products.
Sourcing products from a limited number of suppliers exposes Biome to potential disruptions in the supply chain.
Biome's ability to meet customer demand and maintain sales revenue could be severely impacted if these suppliers cannot fulfil their obligations due to production issues, regulatory challenges, or unforeseen circumstances.
Biome's owned formulations (Biome Daily, Biome Daily Kids, Biome IBS, Biome Advanced & Biome Prenatal) account for just over 70% of probiotic sales.
Non-owned formulations are under 5-year exclusivity agreements for the company's territories.
Why wrong?
Thanks
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