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Medical Device manufacturers are facing some of the most difficult challenges ever encountered
by the industry. As competition intensifies, they must innovate and capitalize on new
opportunities and expedite time to market. Additionally, they must manage risk, increase product
quality and reduce costs.
These objectives pose a significant challenge as innovation, by its very nature, induces variability.
This challenge is exacerbated by the organizational structure and technological state of many
Medical Device manufacturers.
The dawn of personalized healthcare is increasing the tempo of innovation with the development
of targeted therapies, combination products and mass customization. This individualized approach
requires the development, manufacture and commercialization of more complex products.
Contact lenses foreshadow this scenario.
Today, contact lens prescriptions specify power, base
curve, diameter, color (pretty much any shade in the rainbow) and for those patients with an
astigmatism, cylinder and axis. In the not too distant future, joint replacements will be customized
based on the patients individual anatomy and lifestyle needs. Drug eluted stents will be coated
with the specific compound based on a patients genetic makeup. Have it your way has a whole
new meaning in Medical Devices.
This white paper provides direction on processes and technology platforms Medical Device
manufacturers should consider in order to meet this new paradigm.
Interdepartmental coordination is the key to the exchange of information for better decision
making and ensuring that processes are followed. This means the coordination of software
applications as well as people. The integration of Product Life-cycle Management (PLM) and
Manufacturing Execution Systems (MES) closes the loop between manufacturing and design,
enabling rapid innovation cycles while at the same time managing the risk, hard-wiring compliance,
increasing product quality, maximizing production yields and decreasing costs.
Please complete the form below to view this informative white paper now.
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