Today’s medical device and components manufacturers contend with many competing demands. With the growing demand for healthcare-related products, there is increasing pressure to provide a steady stream of innovative products and get them through regulatory approvals as quickly as possible. Meanwhile, medical product developers are constantly looking for ways to save money without compromising a product’s performance. In addition, the medical industry is under increased scrutiny in terms of quality, regulatory requirements, and environmental sustainability for not just the finished product, but the entire supply chain. All these factors require greater attention to detail and a stronger reliance on suppliers.