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Home » Products & Services » Best Practice Database » Quality, Compliance and Regulatory » Structure,Staffing and Execution
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STUDY OVERVIEW Medical device and diagnostics companies spend millions of dollars and hire hundreds of staff to ensure their products meet quality standards at every stage of the product lifecycle. And with quality organizations facing new products and escalating regulations, spending and staffing are areas that quality leaders continually evaluate. This study presents data and benchmarks that review current quality spending and staffing trends. Also, quality spend is examined in terms of activities and administrative charge inclusions and exclusions., and as a percent of total revenue. In addition, quality staffing is studied in terms of total FTEs, as a percent of the total work force and spending per FTE. The study also reviews the extent of quality spending for critical quality sub-groups such as compliance, product support and others. This study includes a Large Company and a Total Benchmark Class segment KEY TOPICS
Industries Profiled: Manufacturing; Medical Device Companies Profiled: 3M Company; KCI; BARD; Cochlear; Boston Scientific; Lake Region Medical; Edwards Lifesciences; Stryker Neurovascular; Medtronic; UreSil; Terumo Corporation; WelchAllyn
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