A Global Development Center for a large Medical Device Company with several NPI initiatives wanted to develop a long-term Resource Model for managing scalable resources needed to accomplish their initiatives in a cost-effective approach.
OBJECTIVE
A Global Development Center for a large Medical Device Company with several NPI initiatives wanted to develop a long-term Resource Model for managing scalable resources needed to accomplish their initiatives in a cost-effective approach.
Resources and Departments involved:
Project Managers | Manufacturing Engineers | Quality Engineering | Launch Managers | Supply Chain Managers | Financial Coordinators | Quality Inspectors
SOLUTION
- RCM deployed an onsite team to work together with the leadership within several verticals of the Clients’ environment to better understand their goals and objectives.
- RCM’s expert advice created a Resource Model as the avenue to install specific skill sets at crucial phases of the projects.
- The Resource Model provided the ability to withdraw resources when not being utilized.
- The Resource Model also provided a means to reinstate those resources, as required, during the project life cycle.
BENEFITS
- The Resource Model is more cost effective and more predictable when working with and forecasting budgets, short and long term.
- Appropriate resources are provided at the critical phases of the product’s life cycle.
- Development Center has the necessary tool and support for developing new product initiatives across all projects.
- Development Center can scale up or down when critical resources and expertise are needed.
- Result: Budgets are being met and forecasts are made with greater accuracy.
Key Project Elements
Organizational Structure
Robustness of Departmental initiatives
Clear Roles and Responsibilities
Life Cycle process definition
Budget and Forecasts Goals