Scaling Up: Strategies To Increase Production Capacity While Reducing Costs

In today's rapidly evolving healthcare landscape, medical device companies face the dual challenge of meeting the demand plan for their devices while simultaneously managing production costs. This webinar is designed to address these critical industry concerns and will provide valuable insights and practical strategies for medical device manufacturers looking to scale up their production capabilities efficiently and cost-effectively.

The first part of the webinar will delve into the potential value of strategic partnerships with contract manufacturers. Attendees will gain an understanding of when the best time is to seek out a contract manufacturer, how to select the right partner, and leverage their expertise during every phase of their product’s life cycle. Additionally, the webinar will explore advanced manufacturing technologies and best practices, enabling device manufacturers to optimize their operations, reduce waste, and streamline the production processes. These strategies will not only help meet increased demand, but also drive down production costs and drive quality, ultimately lending to greater profitability.

In this webinar you will learn:

• When increase demand or capacity constraints are foreseen, when, why, and how a contract manufacturer may be able to add capacity while driving quality and managing costs
• The process CMOs like SMC use to improve product designs, optimize production, reduce waste, and manage costs
• Best practices for evaluating a CMO and strategies for a seamless integration of processes, systems, and communication to ensure success.