- Markets Served
- Engineering Services
- Electronic Manufacturing
- Microelectronics Services
- NeoTech Interconnect
- About NeoTech
NEO Tech’s Medical segment is focused on designing and building products that improve the patient experience. NEO Tech Medical provides a comprehensive set of services (including medical device contract manufacturing) that can be tailored to create a custom solution for your low-to-medium volume, high-mix medical products.
NEO Tech Medical creates solutions optimized for your medical device and medical device design. Our unique combination of processes, systems, people and tools maximize our customers’ product quality, business flexibility and market competitiveness.
NEO Tech Medical customers have come to rely on NEO Tech’s contract manufacturing service to manage the complexities associated with the design, commercialization, production and end-of-life management inherent to the product life cycle of a medical instrument.
Complexity, well managed in a quality environment, provides NEO Tech Medical customers with the maximum flexibility to run their business profitably and to compete with more agility. Whether it’s fulfilling un-forecasted upside demand or extending a product’s life through key component sourcing, we work with your team to ensure the promises in your product are kept. We work hard to earn your trust and provide high-quality medical device contract manufacturing.
Medical device design has some unique needs beyond the requirements commonly found in commercial contract manufacturing. Size and weight are critical, especially when it comes to implantable medical devices (IMDs). Failures of electronics, whether implanted or out-of-body, can result in patient deaths and considering this outcome, we make great efforts and take great pride in our process controls, quality and medical device design. We’ve addressed these unique circumstances by developing strict processes and focused capabilities. Our medical product manufacturing expertise includes implantable and out-of-body devices.
A high mix medical customer wished to rationalize its supply base and increase its implementation of Demand Flow practices. Results from teaming with us included:
Reduced PPMs by 68% in the first year, 64% in the second year, 48% in the third year, 19% in the fourth, 18% in the fifth year and 17% in the sixth year.
100% on-time delivery goals met
Peak inventory turns > 60 achieved
Over a four-year period, the increase in inventory turns reduced working capital by approximately $10M.
“Raytheon is very pleased with NEO Tech and we are
NOT easy to please”
"Collaboration, communication and cooperation
trump lowest price"
"It was like having an internal manufacturing operation
without the overhead"
"The middle ground is a little hard to identify, and we needed to find someone flexible enough to play both games"