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11 Ways to Minimize Costs

11 Ways to Minimize Costs

Invetech
Published by: Research Desk Released: Jul 27, 2021

When it comes to Point of Care (POC) diagnostic devices, consumable costs have an impact on margins and, ultimately, long-term success. Has your team done everything possible to eliminate excess costs?

Download this guide and make sure your team sets the stage to minimize costs, while maximizing your POC platform profits. This resource offers:

  • Five strategies for keeping materials and manufacturing costs as low as possible.
  • Guidance for balancing tradeoffs between unit costs and time to market.
  • Insights for employing an iterative product design approach that mitigates risks and minimizes development costs.

Review this content and discover how to make the cost reductions that fuel long-term profits.