Decades ago Lighthouse Electronics, Inc. identified a need for Medical device manufactures to partner with a true procurement supply chain company. With Technology changing so rapidly, medical manufactures find themselves having to design and release products that already have obsolete parts. Unlike the general manufacturing segment, Medical device manufacturers are burdened with regulations and government approval processes that can delay the release of their end products.
Technology moves so rapidly that it is almost impossible for them to keep up. That is where Lighthouse Electronics shines. We identify products at the infancy phase of NPI to get them to engineering for test and qualification. Once approved, we can procure and stock the product for future demands and then do a last time purchase to elongate the life cycle of the material. This gives the engineering and procurement departments more time to concentrate on the real needs of their company and new products verses always having to look after its legacy devices.