The cornerstone of every manufacturer’s success is the ability to shift gears from one product generation and business model to the next while finding new ways to excel at quality.

Medical product manufacturers—including producers of medical devices and plastic medical components—are in the some of the most competitive segments of manufacturing. And many of them are growing 10% a year or faster than their peers, according to a recent survey of 151 North American manufacturers conducted by research firm Decision Analyst on behalf of IQMS.

Increasingly complex customer and regulatory compliance requirements, tighter time-to-market schedules from customers who want greater product customization, and the constant pressure on costs and pricing make aerospace manufacturing one of the most challenging businesses in the world to compete in.

Discovering the underlying factors that influence compliance, product quality, production efficiency and your performance as a supplier requires greater accuracy and precision than many manufacturing metrics provide.