Medical Device Manufacturing Centers of Excellence: Time to Make the Move?
Today’s medical device manufacturers face unrelenting cost, quality and service expectations. Pricing and reimbursement pressures, an ever-shifting regulatory environment and
Manufacturing Strategy
Service Overview
Accel supports clients to design, develop, and implement global manufacturing strategies. The strategies typically address three fundamental questions: what to make, where to make it, and how to execute. The goal is to optimize plant networks by building capabilities, establishing core competencies, and creating competitive advantage. This is achieved through plant consolidation / expansion, targeted product transfers, vertical integration or outsourcing initiations, and “local-for-local” manufacturing in emerging markets.
Typical client improvements include:
Labor and Overhead costs reduced 20% to 50%
Labor and Overhead costs reduced 20% to 50%
Corporate annualized cost down of 5% YOY
Corporate annualized cost down of 5% YOY
Greater asset utilization, reduced working capital, increased productivity / efficiency
Greater asset utilization, reduced working capital, increased productivity / efficiency
Improved effective tax rates
Improved effective tax rates
Manufacturing strategy often involves growth through acquisitions. Here Accel supports clients successfully plan for and integrate acquired operations throughout four critical phases: due diligence, pre-deal closure (planning phase), post deal-closure (90 days), and detailed execution. We support client objectives to realize synergies, drive operating results, and enhance productivity. Accel applies integration best practices, provides scalable integration tools / templates, and offers interim project leadership to help businesses in complete integration activities.
Why Accel
Accelerate Your Knowledge
Accel Management Group helps leading high-tech and life sciences companies gain competitive advantage through data-driven Innovation and Operations Consulting