News & Events
Five Ways Medical Device Industry Leaders Maintain their Manufacturing Edge
April 30, 2013
Boston/USA - In a new paper released today in cooperation with CRITICAL Manufacturing, Julie Fraser analyzes the Medical Device Industry leaders and explains what they are doing differently to achieve and maintain their edge
Industry leaders invest in new processes that lower the cost of both production and compliance, even as volumes grow. These processes, leveraged by software systems, support all of the complexity of constant new product introduction while meeting stringent regulatory compliance requirements. Such investments appear to pay off for these companies, which have improved some combination of earnings, return on assets, costs and market share.
“Having automated data allows faster and more effective analysis of the operation, whether to measure performance or to establish parameters for a process that will produce to specification. One of the largest challenges is the quality, completeness and timeliness of the data and MES systems can deliver on all of those fronts.” states Julie Fraser, the white-paper author. “These systems also make the production operation visible to the rest of the company, particularly important to the areas of product design and engineering, regulatory compliance, supply chain and sales. To do all of this, companies must implement Modern MES.” she adds.
To learn about the five ways leaders keep their edge, download the paper here
ABOUT IYNO ADVISORS INC.
Iyno Advisors is an independent advisor on how manufacturing and production companies can best benefit from software applications. Julie Fraser, the Principal, has over 25 years of experience and passion in driving healthy understanding of opportunities that can drive added profitability and success. We build bridges of understanding to help companies think bigger and act more effectively. Our team is experienced enough to add significant value and insights to the projects we undertake.
ABOUT CRITICAL MANUFACTURING S.A.
CRITICAL Manufacturing provides innovative software technology for some of the most advanced manufacturers worldwide. Its new generation Manufacturing Execution System (MES) cmNavigo, built end-to-end on proven Microsoft layers, provides unique flexibility for modeling complex industry requirements, increasing manufacturers’ performance, control and quality. The company is part of the CRITICAL Group, a private group of companies founded in 1998 to provide solutions for mission and business critical information systems.