Volex Group Essay Example | Topics and Well Written Essays - 2000 words

Volex Group - Essay Example Volex has identified healthcare sector as one of the most prominent thrust area on a global basis. Rising disposable incomes in the hands of the people in emerging markets, increased awareness and rising living standards have given a great boost to the healthcare market there. Increased average lifespan in the developed countries coupled with greater emphasis on the preventive measures have also caused a huge demand in healthcare sector in this part. Moreover, the current recessionary trend has a little effect on the demand of healthcare sector. That definitely goes well with the company’s healthcare strategy. The company proudly proclaims that Volex has obtained ISO 13485:2003 accreditations this year for its three international manufacturing facilities in Poland, India, and China. The ISO-13485 certifies the design, manufacturing and project management capabilities of medical devices of the company. It establishes product safety, traceability, risk management and design tran sfer activities in product development. ... Rising disposable incomes in the hands of the people in emerging markets, increased awareness and rising living standards have given a great boost to the healthcare market there. Increased average lifespan in the developed countries coupled with greater emphasis on the preventive measures have also caused a huge demand in healthcare sector in this part. Moreover, the current recessionary trend has a little effect on the demand of healthcare sector. That definitely goes well with the company’s healthcare strategy. The company proudly proclaims that Volex has obtained ISO 13485:2003 accreditations this year for its three international manufacturing facilities in Poland, India, and China. The ISO-13485 certifies the design, manufacturing and project management capabilities of medical devices of the company. It establishes product safety, traceability, risk management and design transfer activities in product development. Prior to that, the company had the accreditation of its des ign centre in Ireland last year. This is an indication of the company's foray into the health care sector strengthening its product portfolio and achieving the industry standards that the market requires. The three manufacturing facilities at Chennai (India), Suzhou (China) and Bydgoszcz (Poland) are equipped with the state-of-the-art facilities to deliver complex interconnect products for advanced applications such as CT (computed tomography), MRI (magnetic resonance imaging, X-Ray and ultrasound. This will certainly help the company to create enough customer confidence among the health care sector. (Volex Builds, 2011) Volex's ISO achievement displays its commitment towards design processes for product delivery. This amply testifies the credentials of the Volex in