What I learned this week … came from a conversation with Jeremy Johnson from IHS. Jeremy opened my eyes to a new way to make manufacturing more sustainable and ecologically friendly. I have written in the past about how companies are making their products compliant in Product Compliance – Hidden Tax on Innovation and Making Product Compliance Sustainable. But here’s the catch that makes this the most interesting to me. While product compliance helps to protect top-line revenue and market access across the globe, it is an activity that costs manufacturers money.
What I learned this week … came from a post that I found in a Consumer Reports blog. The article, Tailgating Alert: Gasoline-powered blender banned by California Air Resources Board could have come out of the Onion because it is pretty over the top (who needs a blender with handlebars!?). But the punch line is not funny for the manufacturer in Phoenix, who probably had no idea that they were violating a California law and got slapped with a $240,00 fine.
SLM for Medical Devices: The Strategic Role of Service highlights the strategic role that service plays in the medical devices industry in ensuring customer satisfaction to enable future sales, while maintaining optimal costs to protect profitability. Please enjoy the summary below, or click the report or title to download the full PDF (free of charge,