Siemens’ Acquisition of Camstar Could Help Med-Tech Companies Close the Loop on Product Quality

By Daniel R. Matlis

Siemens’ acquisition of Camstar could help Medical Technology (Med-Tech) companies improve product quality by providing integrated solutions to manage Medical Devices across the Total Product Life Cycle (TPLC). The Camstar acquisition builds on Siemens’ industrial digitalization strategy by broadening its integrated product development and production automation.

Today’s global and outsourced medical device environment is driving strong demand for integrated solutions managing the TPLC. The integration of Product Lifecycle Management (PLM), Manufacturing Execution Systems (MES) and Supply Chain Management (SCM) can enable Med-Tech manufactures to close the loop between design, manufacturing and suppliers.

Camstar-SiemensThe combination of Camstar’s leading MES solution in Medical Devices, OMNEO’s supply network management and visibility capabilities and Siemens’ strong position in Medical Device product development, design and lifecycle management can provide Medical Device companies with a strong platform they can leverage across the TPLC.

This integrated digital enterprise platform approach can enable Med-Tech manufacturers to:

  • Increase the rate of product innovation
  • Improve product quality
  • Enhance product safety and effectiveness
  • Decrease time to market and time to volume
  • Reduce costs

The integration of PLM, MES, SCM and automation should enable Med-Tech companies to realize innovation in their products and processes throughout the TPLC by:

  • Enabling rapid innovation cycles
  • Shifting from a reactive to proactive stand
  • Promoting collaboration and minimizing organizational silos
  • Minimizing variability through operational excellent and robust design
  • Fully integrating DMR, DHF and DHR systems to support continuous improvement

This integrated digital enterprise approach can enable rapid innovation cycles while at the same time enhance visibility, manage risks, increase product quality, support compliance and reduce costs.

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