New Vision for Partner Management and Integration for Medical Device Manufacturer
- Topics:
- Healthcare Products
- Tags:
- Business Operations,
- Strategy,
- Research & Development,
- PRTM,
- Product Development,
- Medical Device,
- Management,
- Integration,
- Healthcare,
- Vision
- Source:
- PRTM
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Overview: To accelerate cycle times and reduce costs, a leading medical device manufacturer had decided to shift in their product development strategy to a systems integration approach. Because the company had previously been developing all its products in-house, executing this new strategy required the company to integrate outside design partners into the development process much more deeply than in the past. PRTM was asked to facilitate the development of the new vision and supporting processes for partner assessment, selection, and management. PRTM worked alongside the company develop a comprehensive process for selecting development partners - how to integrate them into the development process and manage ongoing partner relationships.
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