Now more than ever before, there are a myriad of challenges facing the life sciences sector. With consumer medical devices beginning to dominate the market, and therefore consumer demands becoming more complex, increasingly stringent regulatory compliance is being insisted on, as well as a near flawless level of product quality. Failure to comply with regulations can be catastrophic, while a reputation for anything less that ‘safety-critical’ quality is equally damaging.
It’s estimated that the wearable medical devices market will exceed $10 billion by as soon as 2017, so now is the time that those who want to stay in the game should seriously contemplate adopting new technologies to remain relevant and competitive.
Some of the key challenges in medical device manufacturing at the moment are:
- Industry 4.0
- Regulatory Compliance
- Cutting Costs
Advanced technologies like Product Lifecycle Management (PLM) Systems facilitate meaningful, result-driven progress towards meeting these challenges. In our upcoming Seabrook roadshow ‘Preparing for Industry 4.0’ we will focus on the key benefits of PLM for the life sciences sector, and the role it plays in the digital factory.
Below is a sneak peek of some of the ways we will demonstrate how PLM will enhance medical device manufacturing, using as a guide the benefits of a global leading PLM system, Siemen’s Teamcenter®.
- Keeping pace with Industry 4.0. With Teamcenter data can be viewed and exchanged across all components of the business – from research, development and design on the office floor to production on the shop floor. PLM facilitates the communication between the product and the machine and vice versa, with all information accessible at all times to all members of the team. And that is one of the central targets of Industry 4.0. Engineers can conceive of a design, simulate it and send the virtual version to the shop floor where production is in turn simulated – meaning all flaws and issues are ironed out before actual production ever starts. Connecting the real with the virtual world of production is making it possible to enter entirely new dimensions in quality, efficiency and flexibility. In fact, in Siemens own factory in Amberg, Germany where Teamcenter is used, the automated processes have resulted in the number of errors dropping massively from 500 per one million actions, to just 11.
- End-to-end compliance. Teamcenter PLM features a robust set of compliance management, traceability and reporting capabilities. The system plays an important role in helping medical device companies significantly reduce the time it takes to prove compliance with regulations, such as those of the FDA’s. It tracks all product data connected to product development. By integrating this compliance management into the overall lifecycle management of the product, Teamcenter PLM virtually reduces manual data entry, improves data accuracy and reduces costs associated with compliance and non-compliance.
- Cutting production costs by reducing design revisions. Teamcenter enables the management and sharing of cross-domain design information, including mechanical, electronics, software and simulation in a single environment. Clear visual feedback allows for faster clearance analysis. The comprehensive system enforces correctness at every step, thereby resulting in fewer design iterations and lower costs overall for design. Its high-level approach with tight time-management controls ensures that all design processes have been deemed suitable for use.
- Teamcenter enhances teamwork on an international level. It allows for instant collaboration by enabling international teams to connect, communicate and share information on-demand between all of a company’s global offices.. Teams can iterate easily, communicate visually and engage suppliers at an earlier stage. In fact, this can accelerate overall product development by 25 percent.
For more on PLM and its role in Industry 4.0, join Seabrook Technology Group’s Preparing for Industry 4.0 information roadshow in Dublin on April 25th. For further information on this event, or to book your place see https://www.seabrookglobal.com/preparing-for-industry-4-0/.