LONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest supplier identification and profiling engagement for a medical packaging client. Medical packaging plays a vital role in preserving health-based outcomes. Therefore, companies operating in the medical packaging industry are focusing on using modern technologies to improve the quality and cost-effectiveness of their offerings.
“The regulatory requirements laid out by the FDA and the increasing need for best-in-class medical packaging facilities are propelling the growth of this industry. Supplier identification engagement helps medical packaging clients to carry out a robust supplier selection process based on factors such as pricing, service, reliability, quality, and identify potential suppliers that can match their business requirements., “says an expert at Infiniti Research.
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The solution offered helped the medical packaging client to profile the right suppliers based on their characteristics. The client was also able to prioritize the suppliers and focus more on high-risk suppliers while simultaneously monitoring second-tier suppliers.
Additional Benefits of The Market Segmentation Solution
- Understand the supplier’s strengths and weaknesses to enhance the supply chain visibility.
- Devise a scorecard to prioritize the needs of the customers.
- To know more, request a free proposal.