ABOUT THE CONFERENCE  

As medical devices become increasingly complex and global regulations continuously evolve, the need for reliable, compliant, and cost-efficient supplier partners is essential to strategic sourcing and procurement executives within the medical device industry. Sourcing executives are currently focusing primarily on several critical areas such as maintaining optimal relationship management with strategic partners, while reducing total cost of ownership, validating appropriate suppliers and ensuring supply chain consistency. While implementing a cost-conscious strategy is invaluable, strategic sourcing and procurement executives must also procure high caliber component parts to ensure the development of safe and effective medical devices. Strategic sourcing teams are also facing challenges in efficiently managing suppliers, developing a diversified supplier network and implementing an internal lean business approach, all while minimizing risk in component acquisition and product manufacturing.

Q1 Productions’ Medical Device Strategic Sourcing Conference will present a one-of-a-kind opportunity for sourcing and procurement executives to network with and learn from medical device manufacturing firms on the cutting edge of developing a competitive, cost-effective and strategic sourcing approaches. From examining new cost modeling to ensuring supplier transparency and compliance, topics addressed at the program will offer valuable insights and strategies that can certainly be adapted and implemented at each attending organization.

TOPICS TO BE ADDRESSED

• Overcoming demand fluctuations through advanced forecasting
• Skill building workshop to enhance procurement contract negotiations
• Leveraging artificial intelligence for superior procurement
• Anticipating the impact of international regulatory changes in procurement
• Proactively sourcing to ensure alignment with overall business strategy
• Disaster recovery: Outlining the benefits of dual sourcing to ensure continuity
• Co-presentation: Establishing mutually beneficial relationships with suppliers
• Analyzing current global trends to ensure cost-effective sourcing locations
• Utilizing databases to ensure quality and streamline supplier selection
• Small group discussions: Lessons learned in emerging market procurement
• Masterclass: Key objectives for identifying suppliers with optimal compliance
• Panel discussion: Navigating benefits and setbacks of make vs buy
• Outside industry spotlight: Innovations in technology and vertical supplier integration
• Case study: Strategies to ensure optimal supplier portfolio management

ABOUT THE CONFERENCE

Q1 Productions’ Medical Device Strategic Sourcing Conference will present a one-of-a-kind opportunity for sourcing and procurement executives to network with and learn from medical device manufacturing firms on the cutting edge of developing a competitive, cost-effective and strategic sourcing approaches. From examining new cost modeling to ensuring supplier transparency and compliance, topics addressed at the program will offer valuable insights and strategies that can certainly be adapted and implemented at each attending organization.