Johari Digital Healthcare Ltd. Hosts a Successful Webinar on “How to Evaluate a Medical Device Contract Manufacturer?”

On May 25th Johari Digital hosted a webinar: “How to Evaluate a Medical Device Contract Manufacturer?” organized a highly informative webinar focused on the crucial topic of selecting a trusted contract manufacturing partner. With the aim of balancing cost and quality, the webinar provided valuable insights for professionals in the medical industry. The event brought together renowned experts who shared their expertise and experiences, offering guidance on making informed decisions when partnering with contract manufacturers.

Don’t worry if you missed it, you can still catch up here:

The webinar, titled "How to Choose a Trusted Contract Manufacturing Partner for Balancing Cost & Quality," featured an esteemed panel of speakers who provided deep insights into the dynamics of the medical device contract manufacturing industry. The speakers included Mr. Saket Vaishnav, Sales & Marketing Head and Moderator; Mr. Dilkash Mohammed, Product Engineering Head; Mr. Preetesh Bhandari, Chief Operating Officer with expertise in Supply Chain Management, and Mr. Sabyasachi Nath, Chief Quality Officer.

The webinar began with Mr. Saket Vaishnav setting the context by highlighting the evolving relationship between Medical Device Original Equipment Manufacturers (OEMs) and Contract Manufacturing Organizations (CMOs). He emphasized the growing trust in CMOs, particularly in the post-COVID-19 era, where they have proven to be invaluable partners during challenging times. The global medical device contract manufacturing market is projected to reach USD 118.9 billion in 2027, highlighting the industry's significant growth potential.

Mr. Saket Vaishnav, drawing from her extensive experience heading Business development for a CMO, emphasized the key benefits of partnering with a dependable contract manufacturer. He highlighted how outsourcing-manufacturing operations allow OEMs to allocate more time and resources to plan branding and marketing strategies effectively. Additionally, he discussed the ease of expansion and assistance in penetrating global markets that reliable CMOs can provide. Factors driving the growth of the medical device contract manufacturing industry, including technology advancements, market demand, popular segments, and population demographics, were also explored.

Mr. Dilkash Mohammed, the Product Engineering Head, shed light on the importance of choosing a contract-manufacturing partner with relevant technical expertise. He discussed the key technology credentials that OEMs should evaluate, such as the CMOs' capabilities in creating products across relevant technologies and their agility in working on new products. Furthermore, he highlighted the value addition that CMOs can provide through design and engineering expertise, as well as the importance of continuous training programs to ensure teams remain up-to-date with evolving technologies.

The discussion also addressed the value and risks associated with outsourcing medical device manufacturing. Mr. Dilkash Mohammed emphasized the significance of value engineering, post-market design assistance, and effective risk mitigation strategies. Risks such as design feasibility, component obsolescence, supply chain reliability, cost overheads, device safety, and intellectual property protection were thoroughly explored, providing valuable insights for OEMs considering contract-manufacturing partnerships.

Mr. Preetesh Bhandari, the Chief Operating Officer, shared valuable learning from the COVID-19 pandemic, which significantly impacted the manufacturing supply chain, including the medical device industry. He highlighted the challenges faced by global medical device OEMs and how successful CMOs adapted and emerged from these testing times. Key areas of focus included supply chain management during crises, shortage handling, robust supplier management processes, ongoing supplier relationship management, and the role of technology in supply chain management. The emergence of India as an emerging medical device manufacturing destination was also discussed.

Mr. Sabyasachi Nath, the Chief Quality Officer, highlighted the critical aspect of quality management systems (QMS) in medical device manufacturing. He emphasized the importance of efficient QMS, evolved documentation systems, regulatory assistance, and shared past experiences and capabilities in maintaining high-quality standards. The changing landscape of cybersecurity norms related to AI, ML, and IoT-based medical devices was also explored.

Johari Digital Healthcare Limited remains committed to providing valuable resources and expertise to the medical industry, helping professionals navigate the complex landscape of contract manufacturing. With their advanced capabilities, Johari Digital Healthcare Ltd. is the trusted partner for accelerating medical devices to market.

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