Todays product change management systems can provide device companies with real-time project visibility, access to data, and coordinated execution of core manufacturing tasks. Web-based product change management (PCM) is the ability to manage and execute simple and complex product changes across distances and under time constraints. If integrated seamlessly with a medical device manufacturers other business processes and existing IT infrastructure, product change management can be a useful strategic tool, especially in todays slow world economy. Web-based coordinated execution of product changes enables device manufacturers to decrease costs and increase revenues by improving accuracy, decreasing waste, reducing redundant processes, speeding changes in production and design, reducing time to market, and ultimately increasing productivity within a narrow time window. To gain market share and drive revenues, medical device manufacturers have to efficiently roll out first-to-market products one after another. But that is only half the struggle; they must also introduce the right products at the right time and do so within budget. Such demands leave no room for sloppy development efforts, wasted raw materials, strategic errors, or mismanaged projects. For medical device manufacturersworking as they do in highly pressurized, fast-changing marketsthe key to success is coordinated execution of product changes. They need to be able to adapt in real time to changes in business requirements, customer demands, raw material availability, new strategies of competitors, geopolitical shifts, and so on. They need to be able to formulate new supply chains or revise plans for introducing or manufacturing new products. By coordinating actions across the entire value chain, medical device companies can ensure that tasks are completed, records kept, and profits maximized (see Figure 1). Coordinating business processes on a global basis can be very difficult and time-consuming. Challenges are rife and ever-present, and gross inefficiencies are never too far away. Compliance with various
Products & Services
Business Consulting Services
Business consulting services include high-level business endeavors such as strategic planning, market positioning consulting, business plan development, enterprise architecture, and information infrastructure planning and development.
Mold and Die Change Equipment
Die change equipment and mold change equipment is used to quickly remove or change molds and/or dies. This equipment includes all aspects related to the transportation, alignment and changing of a die or mold.
Supplier Relationship Management Software (SRM)
Supplier relationship management (SRM) software enables businesses to manage the relationship between buyers and suppliers. SRM software can be integrated into an enterprise resource planning (ERP) system.
Manufacturing Execution System Software (MES)
Manufacturing execution system (MES) software is used to manage and monitor work-in-process on the factory floor. MES software supports activities such as finite scheduling, workflow monitoring, and materials management.
The EnterpriseIQ Quality Process Management System is an extensive suite of tools and capabilities necessary to cost-effectively manage quality issues while streamlining Manufacturing and ERP...
Topics of Interest
Automating Change via Web-Enabled Electronic Change Management A system that coordinates the execution of change throughout the supply chain in real time gives a manufacturer a competitive edge.
Medical Device & Diagnostic Industry Speed-to-market is the life-blood of OEMs. Whether a manufacturer produces medical, industrial, automotive, or consumer products, the time required to launch a...
The spirit of innovation in medical devices may be limited when it comes to choosing management software. Medical device manufacturing is an industry that prides itself on the innovation found in its...
By Angelo De Palma, Ph.D., Contributing Editor, and Paul Thomas, Managing Editor Regardless of process, product can equal product, Sensabaugh argued. In other words, products that are slightly...
Enhancing Device Development through Early Supplier Involvement Contract suppliers who get in on the development process early will be the most valuable and reap the largest rewards. Today's...