Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

The Worlds Largest Contract Manufacturers for Medical Devices - Research Paper Example

Comments (0) Cite this document
The paper presents MDCM, Inc. as one of the world’s largest contract manufacturers for medical devices. For more than three decades the company had specialized in medical device contract manufacturing and assembly, clean room medical injection molding…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER94.4% of users find it useful
The Worlds Largest Contract Manufacturers for Medical Devices
Read Text Preview

Extract of sample "The Worlds Largest Contract Manufacturers for Medical Devices"

Download file to see previous pages MDCM is one of the largest companies in the contract manufacturing and packaging services sector of the medical devices industry. The firm’s success can highly be attributed to its close partnership with its customers that had produced tremendous customer satisfaction. MDC's record of winning over customers have led to its tremendous growth which allowed the company to expand and grow its geographical reach through acquisition within the country and now the company derived 40% of its revenues from eight of its largest accounts. Today despite the victory the company has achieved over the past decades, the evolving and unpredictability and high-level competency in the global market, the company had announced its fifth consecutive quarterly loss with net losses amounting to thirty-three million dollars. Despite the acquisition and expansion, the company was not able to catch up to the global capabilities of other competitors that called for changes in growth strategy. The expansions and acquisitions could not be realized since the company has let these companies operate on their own believing that by letting these acquired companies operate on the basis of self-autonomy to better cater to the local customers. Thus there was no unified system for the global MDCM Corporation that would have let it operated under one system of standard operations and procedures leading to a worst operating and profit margins. There was poor coordination since all other companies under the corporation operate independently that led to poorly controlled unified operations. MDCM Inc. falls under the quadrant, responsive solutions provider. In order to survive the loss that has plagued the company despite the business expansion, they have acquired a higher rate of changes in order to be competitive on operational efficiency to correct the internal maze of why the company experienced loss in profits despite high customer satisfaction rates. ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
(The Worlds Largest Contract Manufacturers for Medical Devices Research Paper, n.d.)
The Worlds Largest Contract Manufacturers for Medical Devices Research Paper. Retrieved from
(The Worlds Largest Contract Manufacturers for Medical Devices Research Paper)
The Worlds Largest Contract Manufacturers for Medical Devices Research Paper.
“The Worlds Largest Contract Manufacturers for Medical Devices Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Worlds Largest Contract Manufacturers for Medical Devices

Heliotrope Medical Devices (HMD)

...? HELIOTROPE MEDICAL DEVICES (HMD) This report describes the preface testing of a tiny mobile robot device also known as Heartlander used in minimally invasive cardiac surgery in order to check the process capability of the primary piece of equipment in the process through two groups of samples, one having a smaller number and big size and the other one vice versa. During testing the Heartlander is placed on the heart surface via a port slotted in below the sternum. The robot adheres to the heart surface as the surgeon controls it as it navigates to any point to administer therapy. In comparison to the current-assisted cardiac surgery, the tiny mobile robot obviates control of the heart and reduces access limitations. In addition...
7 Pages (1750 words) Case Study

Worlds Largest Toy Company

...HRM Case Study Based on the Mattel's workforce strategy Introduction "New models of competitiveness are needed to deal with the challenges ahead. These responses reveal a new competitive reality demanding organizational capabilities that will enable firms to better serve their customers and to differentiate themselves from their competitors." (Ulrich. D 1997) Being the world's largest toy company in 1999, Mattel operated in designing, manufacturing, marketing and distributing toys and games in more than 150 countries. The company owned manufacturing units in China, Thailand, Indonesia, Malaysia and Mexico along hundreds of independent contractors in many countries such as China, Thailand, Mexico, Far East and Australia. Wal-Mart stores...
7 Pages (1750 words) Term Paper

The Worlds Largest IT Company

... because of their high-class customer service, ability to survive in spite of difficult circumstances, understanding of market conditions and ambition to be leader in the middle of the competition. IBM is one such company and is probably one of the world's best known companies. IBM was found towards end of 19th century as a machine producing tabulating machines. But now, it has grown over the years and now it is the world's largest IT Company. IBM's secret of survival has been it has constantly changed according to market conditions and requirements of customers. It is therefore chosen as the subject of this business analysis. The analysis is divided into three parts as follows: 1) Analysis of its presence on the web - its different web...
8 Pages (2000 words) Case Study

The Worlds Largest Confectionary Organisation

...CASE STUDY: Cadbury Schweppes BY YOU YOUR ACADEMIC ORGANISATION HERE YOUR HERE HERE CASE STUDY: Cadbury Schweppes Company background Cadbury Schweppes is currently the world’s largest confectionary organisation and currently maintains significant market share in many of the world’s largest confectionary market environments (Cadbury, 2008). The company produces a wide variety of chocolate products, chewing gums, and through its acquisition of other branded companies, manufactures and distributes well-known international brands including Trident and Halls Vapor Drops. The sales of the company’s chocolate products make up a whopping 80 percent of the entire company revenues in both the UK and Ireland (Bowery, 2006). This very high share...
12 Pages (3000 words) Case Study

Medical Devices Decontamination

s a very familiar threat of getting exposed to a number of unrevealed microorganisms that reprocessing staffs’ bear in the process of cleansing, reprocessing, and sterilization of medical instruments. Washer Disinfectors are designed to reduce the quantity and extent of reprocessing staffs exposure to this danger and make reprocessed medical devices available that are hygienic: harmless for handling, secure for patient care, and become safe at the cheapest cost. (Reichert, 2008, 34) The most favorable cleansing cleaning-reprocessing of medical devices will provide all the requirements needed to disinfect medical devices and sterilize surgical instruments and make surgical instruments harmless to handle, and diminish costs of repro...
6 Pages (1500 words) Essay

The UK Contract Laws and Consent of the Contracting Parties

There is no acceptance yet by Betty as far as Andrew’s offer to sell the car is concerned on November 3, before Andrew sold the car to Colin; hence his offer to sell to Betty who was deemed to be accepted on November 5 was not perfected as of November 3 when Andrew made the sale. This answer is based on English law which adopts the theory that “a contract is not formed unless the acceptance corresponds exactly to the terms of the offer.” (Vergne, François, n.d.). Calling the same as "mirror image rule", it argued that “an acceptance which is not in conformity with the offeror's terms is considered as a rejection of the offer” (Vergne, n.d.) citing (Tinn v. Hoffman & Co., 1873). Because of t...
9 Pages (2250 words) Assignment

Applied Land Law, Contract Law and Tort Law

There seems to be a lack of consideration to accompany the subsequent agreement between the parties for ABC Ltd. to pay the extra ₤10,000. In essence, ‘consideration’ refers to something of value, in a legal sense, flowing from Grabit to ABC Ltd. so as to enable Grabit to hold ABC Ltd. to its promise to pay that extra amount.
Grabit will obviously argue here that they are indeed doing something of value to ABC Ltd by building the extension of the warehouse. However, the problem is that this building of the extension is exactly what Grabit was already contractually bound to do under the ₤200,000 fixed price contract. As seen from Stilk v Myrick1, the general rule is that the performance of an existing contractual d...
11 Pages (2750 words) Assignment

Medical Radiographic Technique for Dealing with the Pediatric Patients

This poses a challenge in pediatric radiographic investigations. Obtaining quality radiographs on pediatric patients can be a challenge. Minimizing radiation dose in pediatric imaging is a crucial issue that has been emphasized and reemphasized in recent years1.
Diagnostic radiation overexposure can cause radiation skin reactions and acute radiation sickness. It can also lead to systemic reactions that may lead to disturbances of normal functional processes, such as, radiation pneumonitis. It is known to have carcinogenic effects and genetic effects2. However, it is also to be considered that the dose required to produce genetic or carcinogenic effects are virtually precluded by modern radiographic apparatus and special techn...
13 Pages (3250 words) Assignment

Contract Law

This expression of willingness can assume several forms, such as a facsimile, letter, electronic mail or a telephonic message. The intention is an objective consideration and in the case of Smith v, Hughes 4 relevant consideration was deemed to be the manner in which a reasonable person would view intention. Furthermore, the law distinguishes between an offer and an invitation to treat. The latter is not an offer but merely an indication of willingness to negotiate a contract.

An instance of this is provided by the case of Gibson v Manchester City Council5. In this case, the phrase may be prepared to sell was held to constitute an invitation to treat and not an offer. Indeed, the Gibson decision challenged the tradition...
6 Pages (1500 words) Case Study

The Contract of Carriage Issue

English Rail is in the business of transporting passengers through its train system. It is therefore implied that it is capable of carrying out such business with reasonable care and skill. Those engaging in certain businesses that represent themselves as “being prepared to carry out a service, must exercise the skill of reasonably competent members of that trade or profession in providing the service” (Boella & Pannett, p. 228). Maggie slipped on the carriage due to tea spilt on the floor, and as a result injured her ankle and damaged her new coat. English Rail should have immediately cleaned up the spill in order to avoid slippage and injuries to its passengers. This is part of the reasonable care and skill that...
6 Pages (1500 words) Essay

Medical Impairments and Critical Driving Skills in Massachusetts

Most states have not only determined possible additional requirements for license renewal or determination of a person’s fitness to drive but also concerns raised by the elderly drivers as to their possible isolation from society and retaining their mobility despite being unable to drive. Policymakers and research should also focus on these areas which are important to elderly drivers.
It was said that the perspective and the actions taken by most of the licensing authorities have been changed over the last 20 years (Eberhard, 2008). This was due to the fact that there has been a wide range of developments especially as to the aspect of “driver testing” and programs tackling concerns of older drivers (Eberha...
9 Pages (2250 words) Research Paper

Meaning and Characteristics of Contract

Even as it is almost certainly not viable to give one total and generally correct definition of a contract, the most normally admitted definition is: 'a promise or set of promises which the law will enforce' (Pollock Principles of Contract (13th Edn) 1). The key considerations for the enforcement of a contract against a promisor are economic meaning the economic obligation of gripping the adherence of bargains and moral meaning moral reason that the guarantee was freely given.

According to the present law of contract, claim for money is either for ‘payment of an agreed sum’, or for damages for breach of contract. In the 19th century, these two ideas made the common law to sanction full freedom and purity of...
6 Pages (1500 words) Coursework

Law of Contract

For instance, in Partridge v Crittenden, it was held that an advertisement is tantamount to an invitation to treat (Partridge v Crittenden, 1968). However, there are exceptions, where an advertisement is considered to be an offer. An example is provided by the Carbolic Smoke Ball case. In this case, the defendant’s contention that its newspaper advertisement was not an offer was rejected by the court; as the plaintiff had complied with the terms of the offer (Carlill v Carbolic Smoke Ball Co, 1892).

Thus, the advertisement placed by Adams in the local newspaper is an invitation to treat and not an offer, as per the case law discussed above. It is to be determined, whether Adam had formed legally binding contracts...
6 Pages (1500 words) Case Study

Internatioanl Construction Contract Consultants

A contractor’s privilege to avail of an extension of time due to concurrent delays can be found in (Henery Boot vs Malmaison. In this case, Mr. Justice Dyson in 1999 cited an illustration in a worksite where standstill of work was caused due to labor shortages, which was not a relevant event especially during phases of extraordinarily inclement weather, which was a relevant event. If during that period, if there is a disruption of work, which might have resulted in the delay of completion of the contract by a fortnight, then, if an architect thinks it reasonable and fair to do so, then he must sanction an extension of time in spite of contractor’s labor issues.

If inclement weather and short-supply of labor...
13 Pages (3250 words) Essay

MDCM: Contract Manufacturer of Medical Devices

MDCM, Inc is one of the leading medical device and equipment manufacturing enterprises, which operates its business internationally. Though it had a strong position in the market and competitive pricing, the company had undergone losses in recent times. From 1998 to 1999, the performance of MDCM was quite low and it had lost four major clients during that period. In the year 2001, the loss of MDCM was almost 98 million USD which had increased to 1.12 billion USD by 2002. MDCM had been failed in four quadrants:
Information Unavailability: The foremost problem for the failure of MDCM was lack of information. It has been observed that MDCM has effective marketing and sales personnel, but the company wasted a whole lot of tim...
7 Pages (1750 words) Case Study

The Legalization of Medical Cannabis

The federal government, through the 2009’s Controlled Substances Act, makes the use of marijuana a criminal offense. However, various states, such as Arizona, Colorado, and California, have legalized the use of cannabis for therapeutic purposes. This paper presents an argument that marijuana should be made legal for its therapeutic uses.
The legalization of medical cannabis is justified because of the positive therapeutic effects of the drug. Proponents of the legalization of medical cannabis argue that if marijuana is made illegal, patients will not be able to access and use it for the relief of their symptoms (Gwynne 29). Marijuana has been reported to be a safe drug for the treatment of various conditions. The drug a...
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic The Worlds Largest Contract Manufacturers for Medical Devices for FREE!

Contact Us