Why Does Obsolescence Impact Healthcare Manufacturers More than Most?

By Logan Wamsley

The healthcare industry is somewhat unique in the fact technology, for all of the responsibility it bears for moving society forward, is still not the primary force behind a patient’s decision to seek care. Does access to the latest specialized CT scanning technology sway a patient to seek an accurate cancer diagnosis at one medical…

Medical Devices vs. Consumer Electronics: Why Are Their Life Cycles so Different?

By Logan Wamsley

Trends in today’s manufacturing industry have long indicated that product life cycles are lengthening against the electronic components required to assemble them, but nowhere is this conflict more pronounced than in the healthcare industry. The average life cycle for consumer electronics, such as smartphones or tablets, is conservatively about 18 months. While supporting a consumer…

Why Does the Life Cycle Mismatch Between Products and Components Exist?

By Logan Wamsley

Consumers browsing the shelves at your local retailer rarely glance behind the curtain and see how their buying habits affect all levels of the manufacturing supply chain. It’s a fascinating story to tell, and one that has profound implications for the future of not just the manufacturer supplying product to retailers, but for the component…