Choosing the Right Partner for Medical Products Outsourcing

As new medical device companies develop innovative new products, they have begun to explore electronics outsourcing as a strategic or tactical advantage. But 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.

This white paper reviews the key principles that ensure successful medical electronics manufacturing outsourcing:

• Evaluate suppliers on three key process capabilities
• Define your outsourcing strategy
• Match your business profile to the prospective vendor
• Flexibility – the must have for high-mix, low-volume products
• Find a personality “fit”
• Understand your new product introduction strategy
• ERP – a key capability
• Buy on total acquisition cost, not price