Selecting a strong medical device contract manufacturer is critical to ensure supply chain resiliency, regulatory compliance, and long-term success for a medical device OEM. This article is a guide to the most important questions to ask yourself and your contract manufacturer to help ensure a successful partnership.
“We are extremely fortunate to have the opportunity to engage with Mark King in this particular phase of the company’s growth. My partner, Eric Wilhelm, and I hope to leverage Mark’s knowledge and experience to help realize the exciting vision we have had for more than a decade as individual business owners and for KMM Group.”
Although the medtech industry is expected to enjoy steady growth, device companies are still challenged to attract the skilled labor that manufacturing requires.
Software-powered PCBAs can help medical device engineers generate high-quality prototypes for complex electronics products in record speed.
Following these strategies will change how your company works with its outsourcing partners.
In product development, the earliest conceptual time period might be the most important.
As medical device companies move technology concepts into the commercialization stage, collaborating with outside partners is crucial.
Follow these contract manufacturing tips to boost margins and cut time to market.
To ensure that you are choosing the contracting partner that will help carry both parties into the earning margins desired – it is essential that a set of criteria is used to establish the perimeters for how to choose that partner, including the specifics of what things to look for.