This whitepaper looks at the key benefits of a regionalized supply strategy through a single contract manufacturer.
A key lesson of this decade has been that shorter supply chains add flexibility to support varying market demand. They also reduce logistics costs and the inventory pipeline otherwise tied up in transit or “just in case” regional warehousing. Comparatively, some regions offer significant cost labor advantage. Ignoring that strategy for price-sensitive products can cost market share. There is middle ground. When manufacturing is outsourced to a supplier with a global footprint, it is easier to develop regional outsourcing strategies that make sense for specific market characteristics such as local content requirements, cost sensitivity, degree of demand variability and dominant market location.
Forefront Medical Technology, a vertically-integrated specialty contract manufacturer with a focus in disposable diagnostic, drug delivery systems and medical device systems with facilities in North America, Asia and the United Kingdom (UK), provides its customers with the benefits of regional manufacturing options, significant design and commercialization expertise, standardized key processes, and vertically integrated fabrication capabilities. This whitepaper looks at the key benefits of a regionalized supply strategy through a single contract manufacturer.
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