All companies do their best to stay within budget and cut costs. Medical packaging is not one of the areas that you should feel comfortable with saving money. You need to make sure that the medical products you put out on the market are safe, fresh and in good condition. An expert consultant can help hone your operation for maximum results.
Having to bring back hundreds, if not thousands of medical products due to a voluntary, or mandated recall can cost your company a lot of money. Not only will the products have to be made again, but you are losing time and the expense of labor. Recouping revenue after a huge recall can be nerve-wracking. You might have investors on your back if the incident is serious. A withdrawal of investor funds can cause the whole business operation to suffer.
Fines for Compliance Issues
As difficult as compliance demands can be, there are specific reasons to have them in place. Ultimately, they are set in stone to protect the patients that need to use the products you manufacture and sell. The fines for not being in compliance can be high.
Loss of Consumer Confidence
When poor medical product packages do not hold up, the end result is an unhappy consumer. Damaged medical tools and equipment, open sterile packaging, or the lack of seal on products that are to be ingested all point to poor package design and implementation. Consumers will begin to look for other sources of the medical products they need.
Not paying attention to the details of quality and compliance can lead to an unacceptable level of wasted resources. Waste in packaging, product and the electricity it takes to package the items are all losses that can add up to extraordinary amounts.
Incorrect labeling, loss of sterile attributes and spoiled products can all lead to serious injuries and death to patients. This can set your company up for a liability lawsuit. It can harm the reputation and trust in your business. These problems can follow your enterprise for years to come.
Contact medical packaging specialists like ten-e today to get the packaging consulting you need.