Medical Device Manufacturing Challenges
Common challenges faced in the industry and PMC solutions
Challenge #1 - Reduce Manufacturing Cost
As the pressure to reduce medical costs intensifies, medical device manufacturers face corresponding pressures to improve efficiencies and reduce production costs. PMC can utilize a full range of optimization tools to help medical device manufacturers improve efficiency, throughput, and quality while eliminating excessive inventory, labor costs and other wastes in the manufacturing process. Whether providing a simulation model of highly complex production processes using leading simulation software packages such as Px-SIM®, AutoMOD®, ED®, ExtendSIM®, Simul8®, and WITNESS® or implementing lean processes throughout the manufacturing operation, PMC can tailor a solution specific to the needs of each client.
Case Studies
Challenge #2 - Validating Cost Effectiveness of New Equipment/Processes to Customers
Many medical device manufacturers are on the cutting edge in developing products that save time and money for end users in hospitals and other healthcare facilities. PMC can utilize work measurement and process improvement techniques to validate and document savings that will accrue to the end users of new products allowing customers to use this information in their marketing and sales efforts.
Case Studies
Challenge #3 – Optimize Increasingly Complex Supply Chains
As manufacturing outsourcing and global distribution requirements in the medical device industry increase, PMC can apply the latest tools to optimize the supply chain network. These tools include utilizing advanced network modeling and simulation software such as Supply Chain Guru®, planLM®, and DPS LogiX® to achieve substantial reductions in inventory, warehousing, and transportation costs while assuring that manufacturing efficiencies and customer service are maintained.
Case Studies
Challenge #4 – Shorten Long Product Development and Approval Cycles
Medical device manufacturers face extremely long product development cycles followed by lengthy regulatory approval processes. PMC can utilize tools such as PDSim® to simulate and optimize the product development process to assure that critical resources are utilized effectively, products are completed on time, and development costs are optimized. It is also critical that these manufacturers conduct advance manufacturing planning to assure that new products can be produced in the required quantities while meeting the exceptionally high quality standards of this industry. PMC can support customers in transitioning devices from the development to the production stage utilizing a variety of advanced tools to assure that planned production processes achieve throughput and quality targets with optimal levels of investment.
Case Studies
Challenge #5 – Meet Rigorous Quality Control Standards
PMC’s integrated Lean-Six Sigma and TOC approaches to process improvements assure that the highest quality control standards are maintained and that high first time quality targets are achieved. PMC can also work with your supply base to validate that their manufacturing processes are designed to achieve the high quality standards required in Medical Device Manufacturing.
Put PMC’s industry leading team of highly skilled process improvement professionals to work improving your manufacturing processes and bottom line results today!