Speed and Scalability: The Advantages of Outsourcing to a Vertically Integrated Contract Manufacturer
If there is one thing that is predictable in today’s medical device market, it is lack of predictability. The COVID-19 pandemic has changed demand for established products, created demand for new products and driven the need for re-evaluating optimum sourcing
strategies. One thing that hasn’t changed are the benefits of working with a vertically integrated contract manufacturer, rather than multiple, specialized suppliers. A vertically integrated supplier offers a number of benefits including a broader range of manufacturing technology options, more control over the resources of production and a reduction in component markups. However, the two biggest advantages are speed and scalability.
In this whitepaper, Forefront
Medical Technology, a vertically-integrated specialty contract manufacturer
with a focus in disposable diagnostic, drug delivery systems and medical device
systems, looks more closely at the benefits of vertical integration in reducing
time to market and initial automation and/or tooling costs.
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Pudong, Shanghai
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China
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