5 Trends in Medical Manufacturing

As the healthcare industry continues to advance technologically, the medical device manufacturing sector is growing alongside it in both scale and complexity. As such, there’s an abundance of opportunity for innovation in this field, with a broad range of professionals collaborating to create new apps and devices that are fuelling the ongoing wave of next-generation healthcare trends. The convergence of medical care and technology, now widely referred to as MedTech, has led not only to more convenient care for both patients and medical staff but also an increase in profitability and engagement within the manufacturing sector, which has been radically changed by the following five trends:

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1. Bespoke Medical Device Development

It has never been easier for any kind of inventor or investor to get in touch with medical manufacturing companies and have a custom device made to their specifications. Historically, up until the past decade or so, the idea of anyone other than an industry insider having access to that kind of medical manufacturing leverage was simply unheard of. Now, you can have any kind of device – medical or non-medical – specifically designed, developed, and distributed to your liking, simply by communicating with the right manufacturers.

2. App-Based Project Management

Manufacturers, distributors, and device inventors are all following the ongoing trend of making device control interfaces available within mobile apps. Connecting medical devices to apps is a relatively new movement that has only picked up steam within the past five years. A decade from now, having a medical device that doesn’t connect to an app in some way will seem as archaic as a flip phone or pager does compared to the smartphones of today.

3. Major Mergers and Consolidations

Buyout and company sales happen a lot and they happen fast in the medical manufacturing industry, but that wasn’t always the case. Not too long ago, the industry was fairly centralized into a list of a couple of hundred major players. With the number of successful startups that are springing up, the market now has thousands of players within various leagues. To bring that analogy even further, the big league companies — which have been established for a while and have plenty of capital – are constantly buying up the small-to-medium-sized (SME) device development and manufacturing firms, creating the current trend of frequent mergers and acquisitions (M&As) within the sector.

4. Distributors are Selling Manufacturing Services

Instead of simply operating as hospital or clinic supply companies, many distributors have also started selling device manufacturing services in the role of affiliates. Essentially, they partner with manufacturers to find clients who may be interested in having bespoke devices developed.

5. Private Equity

Private equity firms have played a major role in getting the medical device manufacturing industry where it is today, as a significant percentage of the ventures and projects within this field have been funded or purchased by big private equity investment firms.

Leveling the Playing Field to Let Innovation Shine

In closing, all of the above trends add up to a notably positive change that’s happening inside healthcare, as the ability to innovate, invent, produce, and profit has been unleashed to anyone who is creative and sufficiently financed.

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Industrial Engineer Salaries

Industrial Engineering Industrial Engineering As know-how evolves, so will the processes used to fabricate every part from shopper merchandise to subtle supplies. Industrial engineers use their knowledge and expertise to enhance systematic processes by way of using statistical analysis, interpersonal communication, design, planning, high quality control, operations administration, computer simulation, and problem fixing.

The complexity of those organizations and the emphasis on elevated effectiveness, efficiency, and productiveness have led to a rising want for industrial engineering analysis and design, leading to an elevated demand for industrial engineering graduates.

Browse our collection of Industrial Engineer job listings, together with openings in full time and part time. For instance, industrial engineers may fit to streamline an working room, shorten a curler-coaster line, make meeting strains safer and extra efficient, and speed up the delivery of products.

It contains gear for computerized identification, CNC machining and turning, controls, injection molding, machine device monitoring, machine imaginative and prescient, materials testing, metallography, metrology, packaging, powder metallurgy, speedy prototyping, reverse engineering, and robotics.

Engineers usually earn bigger salaries than designers. Within the seventies, with the penetration of Japanese management theories resembling Kaizen and Kanban , Japan realized very high levels of quality and productiveness. It is changing into more and more widespread to contemplate producibility in the initial levels of product design, a process referred to as design for manufacturability.…

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What Is Industrial Engineering And Why Should I Study It?

From , the world’s most-visited engineering job site, discover all Industrial Engineering Jobs obtainable on the web with out having to register. The School of Engineering, Mathematics, and Science unites school members from numerous disciplines and offers opportunies for collaboration in instructing and research between school and students. Take a look at these 5 reasons, from an industrial engineering graduate.

Value engineering : apply devoted to the management of venture cost, involving such actions as price- and control- estimating, which is value control and price forecasting, investment appraisal, and danger analysis. Within the nineties, following the worldwide industry globalization course of, the emphasis was on supply chain administration, and buyer-oriented enterprise process design.

Objects managed often embody clerical tasks such as order-entry, in addition to typical manufacturing processes. The program is R&D-primarily based, and the professors are often using their own research ends in lecturing. Search CareerBuilder for Industrial Engineer Jobs and browse our platform.

Job design : the specification of contents, methods and relationship of jobs so as to fulfill technological and organizational necessities in addition to the social and private necessities of the job holder. Industrial engineers are concerned with lowering production costs, growing efficiency, bettering the standard of services, ensuring worker well being and safety, defending the setting and complying with authorities regulations.

Power & Industrial Engineering Providers Division to an affiliate of CriticalPoint Capital (“CPC”), a private funding agency headquartered in Manhattan Seaside, California. Right now, I want to show you a few of the benefits of studying industrial engineering.…

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How Does an Underwater Conduit System Work?

Underwater conduit systems have numerous benefits over alternative conduit systems and operate in a unique way that allows them to be used in corrosive environments. In many cases, the underwater conduit is far more cost-effective and efficient than other systems, such as aerial or submarine cable. But how exactly does underwater conduit work? And what makes it more appealing for many projects over alternatives?

The Basics of Underwater Conduit

Generally, the conduit is metal or plastic piping containing electrical wiring. These conduit systems can be flexible or rigid depending on the material used. Conduit is used to protect electrical wiring in exposed areas such as along walls or floors. It can also be used in unfinished areas like basements, attics, and outdoors. Unlike armored cable (often known as BX or AC), many types of conduit are corrosion-resistant and can be used in damp or wet conditions. This is one of the main uses of underwater conduit systems since alternatives often cannot withstand corrosive environments. Underwater conduit must be designed to withstand significant environmental challenges to be effective.

Wiring is run through conduit rather than encased in a shell (as is the case with BX). The wiring is pulled or “fished” through the conduit casing. Conduits are designed to terminate at an electrical box (or fixed equipment that serves the same purpose). Connectors are used to fit lengths of conduit together, as well as to electrical boxes. Usually, conduit and connectors will be made from the same material. In some cases, like with plastic conduit, this does not have to be the case. Additionally, while not all conduit has grounding wire (sometimes the metal raceway is used as a ground), this is more often the case nowadays than it was before. This is because using any plastic in the raceway leaves systems ungrounded.

Underwater Conduit’s Advantages

Underwater conduit systems require no digging or suspension systems to keep them safe above or below the ground. Underwater conduit is also flexible and simple to install. These qualities significantly lower the costs of installation. Underwater conduit also has excellent compressive and impact resistance. It can also be installed year round, free of problems caused by environmental conditions. Best of all, the underwater conduit is designed to resist corrosion, even in saltwater, meaning it will outlast many other options with much shorter life spans.

FRE Composites Underwater Conduit Systems

FRE Composites offers affordable underwater conduit that conforms to trench floors, even in irregular trench profiles. FRE’s underwater duct is flexible and able to withstand depths up to 30 meters (100 feet). FRE’s underwater conduit protects cables without negatively impacting the environment or suffering from environmental factors like ice and wind. FRE underwater conduit uses secure joint couplings with Bullnose Pulling Eyes for continuous lengths to be pulled at the same time. There is also no need for expensive cofferdams. With FRE Composites underwater conduit systems, you will know you are dealing with top quality conduit at an affordable price that will last in practically any environment.…

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The Top 4 Best Compression Tools For Linemen

There is no debating the fact that linemen have one of the most difficult jobs in the world. Having to install, fix, and maintain power lines such as internet and distribution lines requires a focus that is unmatched when compared to other jobs. The reason for this is because any mistake can result in a devastating cost. In extreme cases, it can even result in death. As we can see, linemen also require up-to-date and high-quality tools to work with. Anything other than that, as we have already mentioned, can be costly. As for what tool linemen need the most, a good compression tool is one of if not the most important tool they need. What compression tools allow for is for the easy and safe attachment of compression lugs and splices. For that matter, linemen really can’t do anything without this tool. So, with this in mind, let’s talk about the top 4 best compression tools for linemen.

#4: The Burndy Patriot 4-point, C-shaped Hypress

Power is everything when it comes to linemen compression tools. Speaking of power, the Burndy Patriot 4-point C-shaped Hypress compression tool has nothing short of it. Add in the fact that it has a high-velocity hydraulic point and you get a tool that makes actuation easy and fast. These qualities also make it one of the most respected tools on the market with how reliable and functional it is. Needless to say, any linemen can’t go wrong with this tool at their hands.

#3: Greenlee Battery-Powered 12-Ton Multipurpose Tool

Next up, we have the Greenlee Battery-Powered 12-Ton Multipurpose Tool. Right off the back, the most notable feature that this tool has is a fully cordless and rechargeable battery capabilities. What this allows this compression tool to do is work through several cycles per one charge. Worth mentioning, it also charges pretty fast compared to other tools out there. Apart from that, it also comes in handy with its 360-degree rotating crimping head and LED light for night-time work. All in all, it is a well-rounded compression tool.

#3: Huskie 12 Ton Compression Tool

Versatility is another important feature that any good compression tool should have. As for the Huskie 12 Ton Compression Tool, the fact that it has a 12-ton output, a 1.5″ jaw opening, and a length of up to 23″ makes it one of the most versatile compression tool any linemen can use. Additionally, it even comes with an external pressure adjustment, rubber boot, and carrying case for mobility. While it is on the expensive side of compression tools, by all accounts, it is worth every penny.

#1: Huskie 10′ Non-Conductive High-Pressure Hose

Sticking with the Husky line of compression tools, another versatile and effective tool is the Huskie 10′ Non-Conductive High-Pressure Hose. More than anything, what this hose is capable of is working with a pressure of up to 10,000 PSI. In fact, it is also a non-conductive hose as well. Another key feature it has is a high visibility safety orange color to eliminate any misjudgment. As if there was any other reason not to like this tool, it also has an additional shrink wrap that reduces the risk of leaking.

Also, with the additional features such as it being date coded at the point of assembly, we get to see why the Huskie 10′ Non-Conductive High-Pressure Hose is one of the more popular compression tools for linemen. Above everything else, the main quality that this tool offers is the perfect combination of safety, functionality, and high-quality. Any tool that combines these qualities effectively is sure to be more than its worth.

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How Global Management Consulting Services Market Has Grown In Past Years

The concept of management as an independent discipline has evolved relatively recently, with the earliest roots traceable to the early 1900s. In the past few decades, there has been massive growth in the field, and the management consulting services market has developed into an independent industry, providing management services to other companies, to streamline their processes.

With the advent of globalization, the management consulting services market has gone global. Management consulting services include strategy consulting, operations consulting, financial services consulting, HR consulting and IT consulting, and are typically customized on the basis of the needs of the specific company and industry.

Growth of the Global Management Consulting Services Market in Recent Years

The current value of the global management consulting services market is estimated to be $260 billion and has been growing at a rate of approximately 4-5 percent over the past few years. Around 75 percent of the revenue for consulting services is garnered from the highly mature markets of North America and Europe, while the APAC has a comparatively lesser market share. Key drivers behind the demand for management consulting services are the need for operational efficiency, regulatory compliance, and technological advancements.

  • End User Industry: While virtually every industry can make use of management consulting services, there are certain fields that make up the majority of the demand. Financial services began as one of the first sectors where management consulting services were offered, and even now, financial services account for the largest end-user segment, at approximately 25 percent. Apart from financial services, other significant end-user industries are manufacturing (for 16 percent of the demand), public sector (14 percent demand) and natural resources and power (12 percent).
    • Globalization: Companies are no longer bound by geographical boundaries and major companies are now investing in setting up international branches. However, there are many factors that need to be considered when setting up a company branch in a new country. Global management consulting services are qualified and familiar with the business set up of a given country and can help make the transition process smooth. US tax reforms, European Union General Data Protection Regulation (EU GDPR) and Brexit have further increased the demand for management consulting services as multinational companies seek effective advice.
  • Technological Advancements: In today’s modern times, technology plays a major role in the functioning of companies, and in order to maximize the benefits of technology, proper management techniques are important. Global management consulting service providers are capable of bridging the gaps between a company’s existing policies and optimum use of technology to gain the most benefits in a competitive market outlook. Specific areas where MNCs seek the advice of global management consulting service providers are artificial intelligence and analytics, which have a major impact on customer service, data analytics, and customer engagement, helping companies gain an edge over the competition.
  • Cost Savings: One of the major goals of global management consulting services is to enhance the cost savings of a particular company. Since companies are always trying to reduce costs while increasing efficiency, the potential for cost savings is a major driving factor for companies to take on global management consulting services.

The global management consulting services market has grown rapidly in the past years, especially in the mature markets of North America and Europe. Although the market does face challenges, specifically in the form of freelance consultants and companies hiring in-house consulting groups, the overall market is expected to maintain steady growth in the future, expanding further in emerging markets. 

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5 Ways to Make Lone Workers Feel Safer on the Job

Do you have a plan in place to protect your lone workers? Even if your business seems like a safe environment, it can still be dangerous to be alone. The people who work for you should have knowledge about the dangers and risks of their job. It is your responsibility to help keep them safe in their line of work. This can include everything from safety training to workplace panic buttons.

Educate Your Employees on Potential Dangers

Lone workers face many dangers every day. These threats are part of their normal routine, and they should be aware of them. Discuss the different possibilities that could come up. Schedule training with your workers on how to react to these potential scenarios.

Accidents happen everywhere, and lone workers are more threatened by these than people in a traditional business setting. Isolation means there could be a delay in response time. People working by themselves also are more likely to be targeted for violence. Attackers are often bolder when they see someone on their own than when there’s a crowd.

Teach Employees How to Respond to Dangerous Situations

Employees should know how to assess their environment for potential dangers. It’s easy to become so involved in work that they forget to keep an eye out for problems. They should plan for the worst, so they can prevent a bad situation from escalating. This requires safety training, such as first aid and developing self-defense skills. They should also know how to diffuse a situation without violence.

Safety equipment, such as a workplace panic button, can come in handy. Other safety equipment could include bandages, a cellphone, and a fire extinguisher.

Monitor Your Employees Out in the Field

Knowing where your workers are and how they’re doing can help in a critical situation. You should always keep a clear log of your employee’s locations when they’re out in the field. Being aware of their most recent location can be important if they need help. Additionally, you should have your lone workers check in more regularly. If you set up a system of when they should check in, you can be aware of potential danger should they miss their check-in time. Additionally, they should always tell others where they’re going to be.

Follow Industry Safety Guidelines

Government regulations require every company to have safety guidelines. The Occupational Health and Safety Act (OSHA) covers all workers other than those who are self-employed or work in state and local governments. Some of these guidelines might seem unnecessary to an employee, but they’re there for a reason. They’re meant to protect employees from illnesses, injuries, and accidents.

Understanding these guidelines is a vital part of any job. It’s not enough to give your workers a paper with the guidelines; you must make sure they understand them and feel comfortable asking questions about them.

Have a Communication Plan in Place

For lone employees, the ability to easily communicate with others is a must. They should never go to work without having an efficient way to contact you. They should know what types of communications can be used and whether they’re applicable in every situation.

Tools like workplace panic buttons will allow your workers to quickly call for help. However, you should also have a way of contacting your lone workers. You need to be able to tell them if a schedule has changed, if an appointment gets canceled, or if the weather is closing down certain routes. In fact, you can use software to send routine and emergency alerts to your workers.

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