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An Introduction To Global Business Services (GBS) For Medical Device Manufacturers

An article for Med Device Online by Vicki Phelan, Solution Relationship Director, Shared Services and Outsourcing Advisory, KPMG LLP

Medical device makers have lagged behind other industries in the realm of improving global sourcing capabilities and managing global back-office functions.

By learning from the experiences of others, medical device organizations can enjoy the benefits of being slightly late to the game  and “leapfrog” over the competition to bring their global business services (GBS) organizations to maturity. In doing so, they stand to gain significant competitive advantages, increased flexibility, and a higher return on their investment.

Topics explored include:

  • Four strategies for medical device makers to improve efficiency through GBS 
  • A case study: Global life sciences firm benefits from GBS
  • Making the most of M&A
  • Medtech's complex landscape demands a GBS approach
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