Driving Market Advantage: Six Critical Contract Manufacturer Skillsets
Optimizing the outsourcing equation involves far more than simply finding a company to manufacture products in an area with low cost wages. A skilled contract manufacturer is expert at product commercialization: eliminating cost and inefficiency throughout design and development phase, offering innovative solutions that provide competitive advantage throughout the product’s lifecycle, and delivering a level of quality that enhances brand reputation. The total benefits of this type of relationship go beyond cost savings. They can drive market advantage. The question becomes what skillsets indicate that a contract manufacturer is capable of achieving this level of partnership?
Forefront Medical Technology, a specialty contract manufacturer with a focus in disposable diagnostic, drug delivery systems and medical device systems, feels there are six critical skillsets that help drive market advantage:
- Scalability
- Cost savings
- Vertical integration
- Quality
- Technology expertise
- Speed.
This whitepaper looks at each of these skillsets and discusses how they contribute to specific areas of market advantage.
China: Business Development & Technical Sales Office
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200120
China
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China
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Xiamen
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