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Article: Maximize the Use of Your Operation Footprint and Assets to Reduce Costs

Maximizer:

Maximize the Use of Your Operation Footprint and Assets to Reduce Costs

September 22, 2017

Summary:

Most Medical Device Manufacturers (MDMs) have a manufacturing facility that is not utilizing its resources 168 hours a week. In an environment where MDMs are under constant pressure to reduce costs, there is an alternative to maintaining under-utilized operations or establishing larger operations and footprints. Medical device manufacturers (MDMs) can maximize their current assets.

This paper will examine a solution to dramatically reduce total operational costs by changing the ownership of cost of goods sold. It includes a case history of a top-5 orthopedic medical device company that successfully executed this strategy.

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Maximizer - Maximize Utilization and Reduce Costs