The Critical Role of Proactive FX Management in Medtech: Unlocking Growth Amidst Volatility
By addressing currency volatility head-on and leveraging innovative solutions, businesses can navigate uncertain economic conditions with confidence.
News and Blogs
Unlocking Cost Savings in FX: Why the Medtech Industry Stands Out for the Best FX Rates
The medtech industry’s unique attributes position it as a prime candidate for achieving cost savings in FX, but are often overlooked.
Understanding High Foreign Exchange Rates in Medtech
Rob Bast breaks down why banks charge high FX rates, shedding light on factors like industry dynamics, transaction size, and banking monopolies.
Understanding the Currency Exchange Challenges for Medtech Manufacturers and Distributors
Hear key insights from industry expert Robert Bast on the challenges medtech manufacturers and distributors face in managing currency exchange complexities.
Challenges and Concerns of Foreign Exchange Costs and Volatility: Survey Results
Dive into the survey results exposing the challenges faced by medtech distributors and manufacturers—rising costs, volatile foreign exchange, and working capital constraints.
myCaribou and LOK Forge Strategic Partnership to Accelerate Market Expansion for Medical Technologies.
Announcing the partnership between myCaribou and LOK Corporation, set to redefine industry norms, amplify growth trajectories, and enhance the delivery of state-of-the-art medical technologies to practitioners and patients worldwide.
Medtech Partnership Management Pitfall #1 Partner Selection: Always have a process!
Partner selection is a critical decision for medtech manufacturers. The consequences of choosing the wrong distributor can be severe.
Invest in the partner selection process today to secure long-term success and stay ahead of the competition in the dynamic medtech landscape.
3 Tips for More Successful Partnerships
The wrong partner can lead to brand damage, missed market opportunities, and lost time, money, or competitive ground. While it also presents a chance for a fresh start, there are ways to altogether avoid choosing the wrong partner. In this article, we outline myCaribou’s top tips for ensuring you choose the right partner the first time.
How to Improve Your Research for Better Medical Device Market Insights
Market research is crucial to the success of any medical device manufacturer or distributor, but it can be time-consuming, and relying on the wrong information can have devastating impacts to your business. In this article, we sit down with one of myCaribou’s Research Analysts for an inside look at his team’s successful approach to market research.
myCaribou Launch Transforms How Medical Device Equipment Manufacturers and Distributors Do Business
Announcing the official launch of myCaribou channel optimization platform! myCaribou helps medical device manufacturers and distributors navigate global markets with ease, collaborate more effectively with channel partners, and accelerate growth in markets around the world.
