The Covid-19 Pandemic has brought about significant shifts across businesses. What were the major transformations that B Medical witnessed?
COVID-19 did trigger several changes for us, the major one being the significant increase in demand for reliable cold chain products. As we are directly involved in the fight against COVID-19 by providing the necessary equipment to store and transport test specimens (during the initial stages of the pandemic), vaccines, etc., suddenly, there was a huge requirement for our products across the globe forcing us to re-design our assembly lines and multiply our production by several folds. During a pandemic, this is not easy to achieve. But our employees ensured that the company quickly adopted these requirements. We invested several millions of Euros to expand our production capacity in Luxembourg. We were also able to set up our Indian subsidiary quickly, thanks to the support we received from the Government of India.
The roll-out of the first COVID-19 vaccine changed the vaccine cold chain landscape totally.We have been a market leader in the vaccine cold chain for the last 40+ years. But the scale of the global requirements was something that we never witnessed before
Even internally, there were several shifts. Safety of the workforce is our first priority and we introduced several initiatives to minimise the risk of infection to our employees. For this, we upscaled and fast-tracked several digitalisation initiatives. Some of these initiatives constituted a significant change in how we operate and create value for our partners and end customers. This helped us to continue our work in a safe, responsive and wellintegrated manner.
What kind of new opportunities and challenges did the pandemic bring about for your organisation? How did you tackle them?
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