Companies often choose contract manufacturing for a few primary reasons, all of which make it easier, less expensive and more efficient to bring new products to the market and distribute them broadly.
Cost savings: Companies can achieve savings by contracting with a manufacturer that already has knowledge of the manufacturing process, has invested in the appropriate equipment and runs similar but non-competing products in its facility, to take advantage of economies of scale. Their location might also offer savings in energy costs, taxation benefits, overhead or raw material.In addition, cost savings can result for labor-intensive production processes by sourcing the product in a low-wage country. Some risk such as political or economic turmoil might exist, but provided you do your homework, the benefits can outweigh the risk.
More focus on core competencies: Contract manufacturing frees up people at the hiring firm to stay focused on their strengths or core competencies of selling and marketing. Having a product made in a factory setup or country that offers cost-savings and understanding how to enter a market that may otherwise be prohibitive might be outside the capability of many firms.
Easier market entry: You may have barriers to entry in China for goods coming from, but your product can be made there inexpensively and re-exported to all contiguous countries.
Distribution: Find out if the contract manufacturer can drop-ship your product directly to customers everywhere or even to a specified geographic area. Some may handle individual shipments to customers, while others only deliver a large lot to a central warehouse where the hiring firm takes care of shipments.
What to Look for in a Contract Manufacturer
- Good, clean, well-managed facility
- ISO-certified manufacturing quality standards
- Drop-ship capabilities to send the product directly to customers
- Ability to be flexible and respond to market fluctuations
- Keep up with production demand for product
- Synergies with the hiring company
- Highly reputable in the marketplace
- Financially sound
- Solves your specific production challenges
In our Manufacturers section (https://thespinemarketgroup.com/category/manufacturers/) , you will find the 46 most relevant companies including the following Companies:
1.- In´Tech Medical :Created in France in 2000, In´Tech Medical has built a solid reputation as a high quality designer and manufacturer of surgical instruments for the orthopedic industry. In’Tech Medical is an industry leader in the development and manufacturing of surgical instruments for the Orthopaedic market. Powered by In’Tech Medical, The Prototype Garage is a standalone rapid prototyping cell at the heart of our standard production process to ensure fast delivery of production-equivalent, high-quality orthopedic instruments and implants.In’Tech Medical announced on May 2018, that it has entered into a binding agreement to acquire world renowned instruments and silicone overmold company, Bradshaw Medical Inc. Based in Kenosha, Wisconsin, Bradshaw Medical is an innovation-driven company that has built a first-class reputation with a relentless focus on customer service.With over 40 issued patents, Bradshaw’s engineering team has designed a broad portfolio of OEM instruments and provides the industry with highly-customizable silicone overmolded solutions.
2.- Pyxidis: With over 40 years of experience and presence worldwide, Pyxidis is renowned for its total commitment to building medical containers with utmost reliability, highest quality, as well as an uncompromised elegance. The company is a preferred contract manufacturer for major orthopedic OEMs, endoscopy, dental and ophthalmic companies. In’Tech Medical SAS (http://www.intech-medical.com), the leading Contract Manufacturer of surgical instruments in Orthopedics, announced in October 2017 that it has acquired Pyxidis SA.
3.- Marox Corporation:Since 1951, Marox Corporation has established a reputation as a reliable source for high-quality precision-machined components and assemblies. Focused on spine, orthopedic and extremity implants, Marox uses extensive medical-device manufacturing expertise, leading-edge technology and resources to support a broad customer base of medium to large OEMs. From small runs to full scale production, Marox partners with you to deliver innovative solutions that push the boundaries of contract machining, with support services including design for manufacturing assistance, process validations, PPAP, vendor managed inventory (VMI), and non-sterile packaging and labeling. As a proven leader in medical device contract manufacturing, Marox’s expertise is leveraged to serve many industries and remain as one of the top manufacturing companies in Massachusetts and beyond. Marox is ISO 13485:2003, ISO 9001:2008, AS9100D and FDA registered.
4.-Inpakomed: Inpakomed is a Contract Manufacturing Organization offering Medical Device Assembling and Packaging services within our ISO 13485 certified facilities. We offer a full range of services in our state-of-the art Clean-room, which constantly ranks very low bacterial loads. This make it possible for customers to maintain their own Quality Management Systems and to fulfil CE regulatory requirements in a confident way.Inpakomed offers the possibility of packaging all kinds of medical devices, from gauzes to implants. The list of references witnesses the appreciation of a growing number of customers for Inpakomed services and care in carrying out the assignments. Maybe in the future your company can also join this growing group of satisfied customers!
5.- FMI : It was established as machining company in 1962, with their first production plant located in Bergen op Zoom.Their current group of companies was originated after a management buyout in 2001. Since then, they have grown into group of manufacturing companies using the very latest engineering technologies, computer aided manufacturing, additive manufacturing and CNC machining production technologies. Their products and services range from component manufacturing through to the assembly of modules and turn-key integrated systems.FMI is privately owned and we have a solid financial base.
6.- Rudischhauser Surgical Instruments and Implants Manufacturing:Your partner and OE-Manufacturer of superior instruments, implants and complete set configurations for spinal, orthopaedic and trauma injuries.Rudischhauser Surgical Instruments and Implant Manufacturing GmbH is developing and producing the highest quality with long term experience by using the latest technology since 1954.With our own design and development department we develop, optimize and employ state of the art manufacturing. We work in close cooperation with our worldwide customers, in accordance with latest requirements of international markets.Our goods range from delicate micro instruments to complete assemblies with inhouse UDI laser marking to suit individual customer requirements.The Rudischhauser GmbH is certified according DIN EN ISO 13485 and FDA registered by FDA 21 CFR part 820 standard.