Top Factors Used for Supplier Evaluation and Prioritization

MedTech Top Factors Used for Supplier Evaluation and Prioritization 1 Quality Control Technical Abilities Quality control is the most important attribute for a supplier to have. 89% 41% PPROVED utilize contract services in some capacity APPROVED PPROVE contracted prototyping and molding services in the past 12 months Expectations of contracting partnerships are met 65% of the time. 50% cite gaining new capabilities as a reason for changing or adding suppliers Price 4 62% % Certifications view contract services as an avenue to save cost AGTURI GMP 29 indicate that contract ISO manufacturing is essential n reducing cost and time to market in CTICE 55% cite competitive pricing as 0/ a reason for changing or adding suppliers FDA Time to Market/ Lead Time Experience with Medical Device Industry 6. The vast majority of medical device professionals spot-purchase parts throughout the year 43% of medical device professionals indicate that their strategy will state that the utilization be to expand product offerings into new markets in 2013 90% of contract services has 0% grown or remained the 70 same in the past 5 years Source: Medical Device Outsourcing Landscape Report, ITG Research & MD+DI, February 2013 The Medical Device Manufacturing Survey, 2011, UBM Canon Qmed.com Qualified Search. Powerful Connections. CO