Outsourcing manufacturing is a good way to reduce production costs by accessing shared manufacturing resources. That said, when the benefits a contract manufacturer can bring to the product commercialization process are fully analyzed, there is often significant value beyond access to shared manufacturing resources. This value equation can also include:

• Reduction in product development cycle time
• Improved design for manufacturability
• A continuous improvement focus over the life of the product
• Supply chain and logistics expertise.

The combination of these elements can help improve competitive advantage, control costs and ensure that quality goals are consistently achieved. Supplier selection should evaluate not only assembly capability, but also the ability of each contract manufacturer to provide a solution that encompasses these additional points of value.

In this whitepaper, Forefront Medical Technology provides examples of ways these points of value have benefited its customers. Read the full whitepaper here.