Content Summary
vendor lists (AVLs) to consolidate and simplify supply chains. However, the
very definition of vertical integration is evolving to address modern challenges.
The medical device industry is faced with unprecedented supply chain
upheaval, rapid medtech innovation, and longer FDA approval processes
in addition to rising costs in material, equipment, and labor —all against the
burden of decreasing timelines. Though there’s no doubt vertical
integration can help OEMs address cost pressures, the primary focus of
vertical integration today is less about cost-cutting and more about capability building, improving efficiency and quality, and accelerating time to market.
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