MPO Symposium Panel Discussion to Address Open-Book Pricing and Its Effect on Long-Term Performance

RAMSEY, N.J., Oct. 19 /PRNewswire/ -- An interactive panel at the Fourth Annual Medical Product Outsourcing (MPO) Symposium will debate the concept and practice of transparency in the outsourcing relationship with its "open-book pricing" roundtable discussion scheduled for Nov. 3.

"Medical device manufacturers are trying to limit cost by requiring suppliers to show all of their cards," said Marcia Weinstein, director of marketing at Arc-Tronics. "The debate centers on how open and transparent communications should be in order to forge a strong and long-lasting partnership."

"The Open-Book Pricing Debate: An Interactive Roundtable Discussion" features a panel of key decision makers from OEMs and contract manufacturers to discuss whether an open-book pricing process is effective in maintaining a successful outsourcing relationship.

Along with audience participation, panelists will discuss:

• How an open-book approach effects long-term performance
• How the strain of sharing your profit margin with your customer
• Whether total transparency helps to communicate the cost intricacies of the job?
• Does quality of service take a back seat for the lowest bid?
• And much more ...

Take part in the discussion and have your opinions heard!

MPO Symposium explores the factors driving the growing trend of medical device outsource manufacturing and examines the increasingly complex and demanding requirements of managing outsourcing partnerships. Additional topics addressed include criteria for effectively selecting outsourcing vendors, key elements to negotiating outsourcing agreements, as well as risk mitigation in offshore outsourcing.

Slated for Nov. 3-4 at the Conference Center at Waltham Woods, Waltham, Mass., the MPO Symposium is endorsed and supported by MassMEDIC and includes high-level networking with select sponsoring companies including: ATW Companies, B. Braun, Covidien, Forefront Medical Technology (Pte) Ltd., Gems Medical Sciences, Helix Medical, LLC, International Enterprise Singapore, Medical Development Group, MTD Micro Molding, NUTEK Corporation, OSI Electronics, Polymer Solutions, Proven Process Medical Devices, Roush Life Sciences, Tegra Medical, The MedTech Group, Inc., UniVac, Vaupell, Inc., and Ximedica.

To register and to view additional speakers, agenda topic and sponsor information, visit www.mposymposium.com.

SOURCE Medical Product Outsourcing Magazine