Jeff Bell, Managing Partner
Today, the increased demand for innovative products with more complex parts, stringent design specifications, and shorter product lifecycles have revolutionized the manufacturing industry which has raised the scope of precision manufacturing. Especially for medical devices, precision manufacturing drives the precision machining processes and planning with an emphasis on designs and performance of precision machines, tools, structures, and tooling elements. However, this paradigm shift has also brought the challenge of launching products quickly in the market while scaling production in a regulated environment. Solving this pain point is Arc Precision, an ISO 13485, FDA registered precision machining supplier. Based in Isanti, Minnesota, the company offers CNC machining services and machines a wide range of materials for the medical device industry, including titanium, platinum, nitinol, stainless steels, and plastics (Peek, Ultem, Radel, Polysulfone).
Taking a customer-centric approach, Arc Precision utilizes the science of operations and Factory Physics® framework to help customers launch products quickly and reduce costs and inventory after the establishment of products. This value proposition led the company to get featured in the McGraw-Hill book, ‘Factory Physics® for Managers: How Leaders Improve Performance in a Post Lean-Six Sigma World. Arc Precision collaborates with customers using a strategic planning process that leverages the science of operations and the Factory Physics® Framework to provide predictive control over capacity and inventory decisions. Working closely with clients, the company plans capacity, inventory, and responsiveness to attain business outcomes.
Additionally, understanding the various needs of different teams such as engineering, production, and marketing, Arc Precision works with each team to perceive better the status of the product in its lifecycle and meets the requirements of clients in a timely manner. The company provides the flexibility to make changes in the design process at any stage of the project.
Although the use of operations science enables Arc Precision’s success, it is the skilled workforce in precision machining that drives results for medical device customers
This enables engineering launch teams to turn out things quickly without going back to the beginning of the line. In effect, the company develops multi-level relationships with its customers by emphasizing business, engineering, and supply chain leadership to enable collaboration that drives results.
Emerging medical device organizations and engineering departments of larger firms often struggle to attain necessary services from large contract manufacturing companies. Therefore, Arc Precision focuses on customer service and designs manufacturing assistance for high growth emerging medical device companies and technologies. Moreover, the company reserves engineering teams slots of capacity in the Arc Precision ‘virtual queue’ that ensures quick turnaround for the R&D teams in minimally invasive biologics surgery for orthopedics (trauma and extremities).
Founded on Jim Lind’s extensive experience in precision machining, the success of the company reflects on the success of its clients in achieving their business goals. Collaborating on cross supply chain inventory or order interface logistics design with a major player in orthopedic instruments and implants, Arc Precision helped in reducing inventory by 30 percent. In another instance, partnering with Arc Precision helped a company in minimally invasive vascular surgery in reducing costs by 10 percent for the portfolio of buffers (inventory, time, capacity) across the supply chain.
With a highly-skilled workforce, Arc Precision focuses on customer service as defined by the customers. As a belief and fundamental principle of the organizations, the company puts a high value on people under the expertise that brings operation science to business execution. “Although the use of operations science enables Arc Precision’s success, it is the skilled workforce in precision machining that drives results for medical device customers,” says Jeff Bell, the managing partner of Arc Precision. Therefore, the company has developed relationships with entities like Anoka Technical College to recruit interns who could become valued employees for future growth. Furthermore, Arc Precision is planning to expand offerings in the growing minimally invasive and orthopedics surgical markets for instruments, implants, and assemblies.