The manufacturer of innovative technology in neurology and OEM products needed a complete strategic reorganization.
LMA was deployed with particular attention given to the following critical items:
Although company’s products were always praised on the market for their innovation, product sales never met expectations. LMA is specially designed to help manufacturers evaluate their global strategic plan by analyzing every department of the company.
LMA helped realign the company vision to include new product development. At the same time a new adaptive partnership was made in both divisions to ensure maximum exposure of the brand. The channel of distribution was remodeled to include untapped market segments that were not approached earlier. The company adjusted their marketing plan to reflect more direct contact with their customers and better understanding their needs. A detailed marketing campaign was launched with tailored messages to the different market segments.
Finally, LOK Corporation helped with moving the manufacturing of the product from China to Mexico by assisting in the establishment of a direct relationship with a contract manufacturer that assured the company not only better quality of the products but improved research and development as well.
LMA is designed not only to raise specific questions but also to provide logical and pragmatic solutions that will bring a company onto a path of success.
LOK Corporation continues today to advise the company and provide useful solutions to the team in place.
If you prefer to get feedback from the manufacturer on how our approach was beneficial to them, we would be happy to introduce and organize this discussion for you.
After working with several advisors, I can assure any Medtech Company that LOK Corporation International expertise is above any expectation that a Company might have. They are professional and always helping in the interest of their customers first. I highly recommend any Medtech Company to use their walkthrough service; it is a must!
CEO Brain Scientific