Analyzing Medical Device Industry Leaders

Five Ways Medical Device Industry Leaders Maintain their Manufacturing Edge: New White Paper by Julie Fraser, Iyno Advisors

Industry leaders invest in new processes that lower the cost of both production and compliance, even as volumes grow. These processes, leveraged by software systems, support all of the complexity of constant new product introduction while meeting stringent regulatory compliance requirements. Such investments appear to pay off for these companies, which have improved some combination of earnings, return on assets, costs, and market share.

“Having automated data allows faster and more effective analysis of the operation, whether to measure performance or to establish parameters for a process that will produce to specification. One of the largest challenges is the quality, completeness and timeliness of the data and MES systems can deliver on all of those fronts,” states Julie Fraser, the white-paper author. “These systems also make the production operation visible to the rest of the company, particularly important to the areas of product design and engineering, regulatory compliance, supply chain and sales. To do all of this, companies must implement Modern MES,” she adds.

To learn about the five ways leaders keep their edge, download the paper here.