Applying Supply Chain Best Practices From Other Industries

OEMs are now more willing to leverage best practices and solutions from other industries. Those sources of inspiration are as diverse as high-tech, e-commerce and retail. While the highly-regulated nature of the industry presents obstacles to adopting new supply chain practices, increasing price transparency and the unbundling of supplier product cost from total pre/post-procedure costs will push the segment forward. 

Identifiable and Sterile: Trends Driving Device Packaging

Unique Device Identification (UDI) and sterilization could be driving influences for the orthopaedic device packaging industry in 2016 and beyond. With increased regulatory guidelines in the form of FDA’s guidance UDI: Convenience Kits, along with tightening price pressures, more companies are looking at pre-validated pouches and unique ways to meet FDA guidance.