Remaining Competitive in the Medtech Industry
Within the healthcare industry there is an understanding among medical device companies that the drive for improvements in both manufacturing and packaging is a constant. In this time of increased flux, companies must strive to retain their competitive edge by establishing a foundation of trust and experience combined with a spirit of flexibility.
For contract manufacturers servicing customers ranging from Fortune 100 powerhouses to the newest startups, itâs paramount to have a sound leadership team focused on a few key operating principles. In this way, medical device contract manufacturing and packaging companies can remain successful through the adoption of a top-down philosophy of four central operating principles, including: 1) always put the customer first, 2) appreciate relationships, 3) be flexible and continuously learn, and 4) have an overarching commitment to quality.
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Here are some examples of how the principles can be put into action:
Customer First: Any successful contract manufacturing company should strongly emphasize a customer-focused approach to their business. It starts at the top with a leadership team that focuses relentlessly on the customer. One way to do that is to publicly celebrate when the team has gone above and beyond the norm to help a customer.
For instance, a medical device company was under a tight deadline for a complex product with multiple serialized components, each needing to be labeled and tracked through ...
Source: MDDI - Category: Medical Devices Authors: Aaron Swanson Tags: Contract Manufacturing Source Type: news
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