WisdomInterface

Guide: 3 Ways to Mitigate Risk

When Working with Medical Device Manufacturers

New product development is a continually evolving challenge. You must develop a design that can solve the problem while also innovating and keeping up with emerging technologies, materials, and manufacturing methods. And every time you try something new, you’re taking a risk. You can reduce that risk, however, even while innovating. 

In this guide, you’ll learn about risk-mitigating solutions, such as: 

  • Reducing the number of suppliers you’re working with
  • Carefully selecting the supplier based on seven key characteristics
  • Partnering with your supplier throughout the design and prototyping stages
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