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If you think selecting an electronics
manufacturing services partner is challenging, consider the
ramifications of outsourcing medical device components and
systems. Medical device OEMs must balance the need for
consistent quality and conformance to product and regulatory
requirements with the equally essential need to get new products
to market quickly and efficiently.
Given the level of investment needed to
develop new products and shepherd them through the regulatory
process, medical device manufacturers typically focus on product
design, technological innovation, and market access to maximize
their opportunity for success. Expending resources (both human
and financial) on infrastructure to support an adequate
manufacturing operation can dilute focus from their core
competencies.
Just as design partners can serve as a
source for technological innovation, a competent EMS provider
will serve as a source for business, manufacturing and
operational innovation and efficiency that can be leveraged for
competitive advantage. The key in the selection process is
determining who can provide a seamless and efficient extension
of your operation while conforming to the critical requirements
imposed by the FDA and other regulatory bodies.
Each year, OEMs spend billions
outsourcing electronics production, and much of this expenditure
is wasted. Why? Because choosing the wrong supplier can result
in significant cost, product quality, and customer retention
issues. Consider the risks of a wrong choice:
Cost overruns. Quotation accuracy from
both the OEM and the EMS provider is essential if cost overruns
and price creep are to be avoided. It begins with the quality
and thoroughness of the quotation package, which must adequately
identify your expectations...
...Continued
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