Operations Management, and Quality Control in the U.S. Medical Device Industry

Abstract

This abstract discusses various aspects of the medical device industry, including the need for efficient supply chain management, the importance of partnerships between suppliers and manufacturers, and the critical role of specific parts and electronic boards in the design of medical devices. The paper also addresses the concept of outsourcing in the medical device electronics industry, highlighting the hesitation of industry leaders to trust outside firms with the production of proprietary products. It emphasizes that trust is at the core of outsourcing decisions and that companies in the medical device business have the opportunity to create a business model that deserves trust. The research paper highlights the need for development firms to have confidence that quality and delivery needs are being met, and that regulatory procedures with agencies such as the Food and Drug Administration are efficiently managed.