The benefits of outsourcing can vary widely. The determining factor is often the quality of the relationship. Medical device manufacturers know their market, but may not know the best manufacturing strategy to address the challenges they face in commercialization. The best partnerships create a collaborative relationship that blends device manufacturer and contract manufacturer expertise. In identifying potential contract manufacturers, strong focus should be placed on the contract manufacturer’s processes for assuring the voice of the customer is active throughout the commercialization process. Our latest whitepaper discusses our processes in integrating the voice of the customer into each project. Read the full paper here.
Regionalized outsourcing strategies continue to grow in popularity. Gone are the days of shifting outsourcing to the lowest cost emerging market location. Today, most companies base sourcing strategies on a complex equation of factors driving total cost. When all these factors are considered, locating manufacturing within regions close to each end market often results in the greatest degree of responsiveness to market demand and lowest total cost. The underlying logic behind any regionalization strategy is that proximity to the end market reduces logistics costs and complexity; reduces raw material and finished goods shipping time; decreases finished goods safety stock requirements; and contributes to superior quality by minimizing unnecessary handling, transport and inspections. The question becomes: can the contract manufacturer your company selects enable your company to leverage the benefits of a regionalization strategy in your chosen end markets?
In this whitepaper, Forefront Medical Technology, a specialty contract manufacturer with a focus in disposable diagnostic, drug delivery systems and medical device systems highlights several areas to evaluate in determining whether or not a supplier’s capabilities are likely to deliver lowest total cost of ownership (TCO). Read the full paper here.
Visit Forefront Medical Technology at MDM East on June 12-14. Use promo code SPECIAL for a free Expo Pass here.
Our new video highlights the broad range of medical device design and contract manufacturing capabilities present at Forefront Medical Technology. View it here.
Tooling design can be critical to achieving commercialization goals. Tool design has a direct impact on product cosmetics, cost and scalability. Sequential injection molding offers both cosmetic and throughput benefits, but in its traditional form has required a bulky mold and use of larger tonnage machines to accommodate the external hydraulic support system. Forefront Medical Technology, a specialty contract manufacturer with a focus in disposable diagnostic, drug delivery systems and medical device systems, has patented a streamlined sequential tooling design which utilizes a mechanical function inside the tool to eliminate the need for an external hydraulic system. The end result is a tool that easily fits in standard machines of the same tonnage as conventional injection molding tool, but is 50 percent faster than a conventional tool. Read our full whitepaper here.