Key Manufacturing Strategies to Boost Medtech Revenue
Given the increasing levels of complexity and uncertainty in the global economy, it is critical that medtech companies develop a well-structured and thoughtful process for selecting locations and sites for manufacturing operations that yield measurable, insightful and defendable results.
Such considerations require a bespoke solution that incorporates not only long-term business goals but also short-term operational and financial objectives. A new infographic breaks down the location selection journey for medtech companies and how these strategies must account for macro trends such as:
Reduced product cycle times
Supply chain issues
Company-specific elements like size, maturity, and international expansion goals