Implement Design-To-Cost Methodology on the disposable card of a PCR testing instrument to reduce costs by 65%

Our client wishes to develop a product to position itself in a new market for PCR testing devices for point-of-care offices. To meet forecasted volumes, it must be able to produce over 2 million disposable cards per year and meet target metrics for time-to-result and ease-of-use.

With high disposable card volumes, pricing becomes essential in order to meet profitability targets as well as compete against other companies who are developing similar devices.

Specifically, a 38% improvement must be made on the cost in relation to the definition of the first prototypes received. IAC was contracted to initiate a Design-To-Cost project for the production version of both the medical device instrument and disposable cards. A particular focus on sourcing was also needed in order to identify reliable and competitive industrial partners.

Our client wishes to develop a product to position itself in a new market for PCR testing devices for point-of-care offices. To meet forecasted volumes, it must be able to produce over 2 million disposable cards per year and meet target metrics for time-to-result and ease-of-use.

With high disposable card volumes, pricing becomes essential in order to meet profitability targets as well as compete against other companies who are developing similar devices.

Specifically, a 38% improvement must be made on the cost in relation to the definition of the first prototypes received. IAC was contracted to initiate a Design-To-Cost project for the production version of both the medical device instrument and disposable cards. A particular focus on sourcing was also needed in order to identify reliable and competitive industrial partners.

• The IAC project is closed with the consolidation of production manufacturing projections that surpass the target costs and provide an overall 65% savings from the original baseline definition.