Supply Chain Management Services
One of the key methods of driving competitive advantage lies in the leveraging of efficient supply chain management where there is potential for significant cost savings to be made. This is particularly true for companies operating in the medical device industry. An efficient, vertically integrated supply chain can result in transformative improvements in profit margins of 10 – 20%. In doing so, it allows a company to remove redundancies, improve workflows, and quickly scale up production to take advantage of economies of scale as demand for their products increase.
Drive Competitive Advantage Through Supply Chain Management
One of the key methods of driving competitive advantage lies in the leveraging of efficient supply chain management where there is potential for significant cost savings to be made. This is particularly true for companies operating in the medical device industry. An efficient, vertically integrated supply chain can result in transformative improvements in profit margins of 10 – 20%. In doing so, it allows a company to remove redundancies, improve workflows, and quickly scale up production to take advantage of economies of scale as demand for their products increase.
One of the most important tenets of effective supply chain management is – stick to your core competencies and outsource your non-core competencies. In short, if it isn’t your speciality, find a partner for whom it is.
Your core competencies will include your brand name, your R&D department, and ability to market your products, among others. This is where Schivo Medical comes in. Schivo’s core competencies revolve around our design & development experience, our vertically integrated manufacturing capabilities, and the close relationships we have with our vendors.
The Advantage of Strong Supplier Relationships
Having more than 35 years of experience in the development and manufacturing of medical device components, Schivo have been able to build up a significant number of close vendor relationships. Taking a partnership building approach has seen us develop strong, trusted relationships which allow us to provide a vertically integrated manufacturing process that removes the complexity from the lower levels of our clients’ supply chain.
Partnering with Schivo accords our clients with the benefits of consistent product quality, reduced manufacturing lead times, and reduced costs while retaining process control. Schivo provide full traceability on all components used during manufacturing of single components, sub-assemblies, complete devices, or full system builds.