Why it’s so difficult to manage supplier qualities and reimbursements process?
Recent studies have shown many medical device OEMs are struggling to gauge their supplier’s quality and manage the reimbursement process.
Though there could be various factors that could contribute key challenges are:
(a)More than one supplier for the same part
(b)Supplier contracts are still on pen and paper which slow down the reimbursement process
(c)Equipment failure does not transform in quality data
(d)Complex supplier hierarchy
(e)Supplier and OEM are on a different platform, hence communication and transparency becomes tough to manage
If your business resonates with the above, schedule a meeting with our experts now!