Case Studies
MedRFQ.com Puts Medical Device Makers in Touch with Contract Manufacturers Over a Website that Relies on LancetCard™ for Its Design, Management and Upgrades
Business: MedRFQ
Website: medrfq.com
Type of Business: Medical Device Products
- The Situation
The Internet's ability to quickly link like-minded people with similar interest is one of the web's most impressive achievements. Leveraging this proven model, Narin Anderson established a resource for the outsourcing arena targeting the Biotechnology, Medical Device, and Pharmaceutical industries, which have traditionally relied on phone calls and faxes to outsource complex projects to third parties.
Having worked at more than seven medical device manufacturers, Anderson knew how challenging and complex the search for the right service provider could be. He also recognized the time it took for companies which serve the medical industry to generate leads. With a clear need in the industry to link device makers with service providers, he launched MedRFQ.COM to streamline the process.
"Often developers of new products as well as manufacturers spend significant time and money looking for the appropriate resource to help in the critical pre-market or new product development phase," Anderson notes. "MedRFQ.COM allows engineers in the medical industry to outsource complex projects online in a simple format and get quotes back for the service they need with summary statistics detailed for them all for free, which was our goal."- The Solution
Anderson thoroughly understood the value proposition of MedRFQ, including the power of the Internet to make it viable. Understanding the importance of a well-designed website, he turned to LancetCard to build a site that would provide the functionality, sophistication, and reliability to appeal to these companies and the uses to which it was targeted. The website has been operational since the summer of 2006 and is focused on technical professionals in the medical device, biotechnology, and pharmaceutical industries who need to outsource to a contract manufacturer, translate documents, or require external testing of medical components. Suppliers to these industries can list their profile and submit quotes to projects they're interested for free.
"LancetCard allowed me the flexibility to develop the site working closely with a team at Lancet Software, leveraging my industry knowledge and their technology expertise. They responded quickly to our needs and managed everything down to the smallest detail," Anderson adds. "The card makes it easier to do upgrades and track hours and costs. It's a very useful too that in some ways is like what my Medrfq site does - lessen the transaction time between providers of service and customers in need."- The Result
Medrfq.com continues to see consistent growth as it builds its business, focusing on expanding its member community and online revenue generation - without having to worry about managing the website. "LancetCard provides the flexibility, dependability, and information needed to make timely updates and strategy adjustments with someone always available to help. And there's always a record of work performed to help manage our budget and the results." MedRFQ.COM depends on LancetCard. It's an ideal solution and Lancet is always there for you."
