There has always been much confusion when using the terms Offshoring and Outsourcing. Are they the same thing or different? How are they different? Which term applies in which instance?
A medical device company taking off on the success of a new product must consider the pros and cons of performing manufacturing in-house versus outsourcing the process to contract manufacturers. For the OEM there are many marked advantages to partnering with a ‘Full-Contract’ Medical Device Manufacturer. For starters, the company wouldn’t spend resources on identifying […]