Selling Medical Devices: 5 Tips for Entrepreneurial Breakthrough Success

Strategy Driven

You’ll need to read some journals to find out where medical trends are going and where they are currently to help you make an informed decision on what devices you may need contract manufacturing for. Marketing & Sales business management Contract Manufacturing strategydriven

Welder/Assembler – IEC Holden – Plattsburgh, NY

HR Digest

is North America's leading contract manufacturer of electrical motors and generators, used in the rail transportation, transit, oil & gas, From Indeed - Wed, 05 Dec 2018 17:41:25 GMT - View all Plattsburgh, NY jobs. HR Jobs. IEC Holden Inc*. Welder/Assembler - IEC Holden - Plattsburgh, NY. The post Welder/Assembler – IEC Holden – Plattsburgh, NY appeared first on The HR Digest. Hr Jobs Hiring an HR


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Carefrontation — The Ultimate Leadership Trait

Great Leadership By Dan

Mark Hopkins earned engineering degrees from Cornell and Stanford and then spent the next twenty-five years deciphering the factors that make some people prosperous, successful and happy After building a leadership career with companies like Hewlett Packard and Emerson Electric, Hopkins founded Peak Industries, a medical device contract manufacturer, which he grew to $75 million and later sold to Delphi.

Founding a Hardware Start-Up Is Getting Easier

Harvard Business Review

Investors have long shied away from start-ups making gadgets such as wearable electronics, because of the challenges posed by manufacturing, distribution, inventory, and technical support. But help has arrived: Today’s contract manufacturers, such as PCH International, will not only make your product for you, they’ll also provide engineers and project managers in China; as a consequence, U.S. Only 3% of U.S.

3 Kinds of Jobs That Will Thrive as Automation Advances

Harvard Business

Technologies like additive manufacturing are often making it easier to produce highly tailored products at small scale. Where products still require large scale manufacturing facility, small product vendors can connect much more easily with large scale contract manufacturers and coordinate manufacturing activity at a distance. Russ Widstrand/Getty Images.

Two Ways to Break into India’s Consumer Market

Harvard Business

One way to mitigate these costs and appeal to a larger customer base is to manufacture in India. Fortunately, India now boasts a vibrant ecosystem of third party contract manufacturers (CMOs) who produce consumer goods in India for both Indian and global companies. Foreign entrants can carefully choose among hundreds of viable CMOs or “co-packers” who can manufacture to global standards, using very low cost local labor and many locally sourced ingredients.

It’s Time for Companies to Be Strategic About Energy

Harvard Business

Last year, networking giant Cisco Systems worked with one of its contract manufacturers in Malaysia to deploy 1,500 energy and temperature sensors on its manufacturing equipment. Consider McCormick & Co, a Fortune 1000 spice manufacturer. When the company needed to replace old air conditioning units, it contracted with Constellation Energy Group to build a brand new chiller plant.

Unglamorous Freelance Manufacturers Could Boost U.S. Competitiveness

Harvard Business Review

Hospira is an advanced contract manufacturer. The United States pioneered the concept of contract manufacturing organizations in the 1980s when Japan was a fearsome economic power and Western companies were realizing they could no longer rely on the vertically integrated production philosophy that dated to Henry Ford. First of all, if you're working for a start-up it's great to have nearby access to a company that can manufacture your product. The U.S.

It’s OK to Move Down (Yes, Down) the Value Chain

Harvard Business Review

Leaders of many companies — in industries ranging from contract manufacturing, and software services to consulting and health care — tell us the same thing: “We want to move up the value chain.” By the late 20 th century most retailers designed the clothes that they sold and outsourced their manufacture to others’ factories in low-cost parts of the world. Moving into manufacturing allowed it to go from idea to clothes on the rack in weeks.

Lessons in Adaptive Strategy

Harvard Business Review

Here's a company I can be pretty sure you've never heard of: Grace Manufacturing. Grace started out in the 1970s as a contract manufacturer of etched steel parts, such as for printers. I'd never heard of it either until this New York Times profile , though I've seen and used its products — "microplanes" for shaving cloud-like piles of parmesan, truffles, and other high-end ingredients.

The Trade War with China Could Accelerate 3-D Printing in the U.S.

Harvard Business

That spells trouble for American manufacturers with global supply chains. As companies rethink their supply chains, they ought to seriously consider embracing a new manufacturing technology that’s now ready for prime time: 3-D printing. No longer relegated to trinkets and prototyping, 3-D printing, which is also called additive manufacturing , is now moving into mass production. Those supports will be crucial to getting manufacturers on board with the new technology.

The Limits of 3D Printing

Harvard Business Review

Contrary to what some say , 3D printing is not going to revolutionize the manufacturing sector, rendering traditional factories obsolete. The simple fact of the matter is the economics of 3D printing now and for the foreseeable future make it an unfeasible way to produce the vast majority of parts manufactured today. However, we also know that 99% of all manufactured parts are standard and do not require customization.

CEOs Need to Get Serious About Sales

Harvard Business Review

A contract manufacturing company that builds products for IT equipment makers, for example, had a dedicated team of speculative market analysts whose active trend monitoring led to a 15 percent return on investment. In manufacturing, lean both cuts cost and increases effectiveness (e.g., With many companies trying to shake off the drag of a global recession, CEOs are eager to find growth. One place they need to look is in their own sales organizations.

Community Financing Breathes Life into a New U.S. Manufacturing Firm

Harvard Business Review

Even in this contentious election year, all sides agree on one issue: The loss of American manufacturing jobs over the past decade has been a disaster for the U.S. But it is realistic to envision the growth of high-value-add, high-skill, high-wage manufacturing industries like the microprocessor and computer-networking businesses that Intel and Cisco launched in the 1980s. based product and services businesses that also tended to manufacture and deliver their products via U.S.-based

In Praise of Going it Alone

Harvard Business Review

If the company were selling just one small piece of a camera, a manufacturer such as Nikon might swap out old technology for the new one. Today, with Internet sales, contract manufacturers, and other enablers of this strategy gaining rapid strength, we'll see many more companies turn their backs on partnerships to create new markets on their own. Partner relentlessly, or do it yourself?

The Internet of Things Will Change Your Company, Not Just Your Products

Harvard Business Review

I saw this when traditional manufacturers tried to build internet intelligence into products like refrigerators, office products, and health management devices. The resulting challenges may include new contract-manufacturing relationships, which can be a complicated and disorienting process for the uninitiated.

When It Comes to Digital Innovation, Less Action, More Thought

Harvard Business Review

An entrepreneur can rent computing capacity from Amazon Web Services, find skilled designers via eLance, accelerate software development with GitHub, place targeted advertisements on Google or Facebook, and tap into a legion of contract manufacturers. A few years ago, we had an idea for a new business opportunity.

Don't Like Your Job? Change It (Without Quitting)

Harvard Business Review

Thomas Heffner is an engineer at Johns Hopkins University Applied Physics Lab, a university-affiliated research center that contracts with the Department of Defense. Still most of his tasks — managing schedules, developing contracts, reviewing documentation — involved working alone. Nine years ago, when Shammy Khan took a job at a contract manufacturer based in Texas, he knew it wasn't the perfect job for him.

How to Manage a Perfectionist

Harvard Business Review

Henry Chasen,* a director at a contract manufacturing company, managed Sean* for more than 15 years. Do you have a perfectionist on your team? The good news is that your direct report has high standards and a fine attention for detail. The bad news is that he fixates on every facet of a project and can't set priorities. Can you harness these positive qualities without indulging the bad? Can you help him become less of a stickler? Yes and yes.