Mounting pressure from healthcare providers to reduce the overall cost of healthcare service delivery has resulted in medical device firms increasingly looking toward efficiency and reduction of costs associated with sourcing materials and component parts of medical technologies. Manufacturers are increasingly looking towards efficiency by partnering with suppliers who are reliable, compliant and cost-efficient. With an increased focus on supplier controls and a greater focus on risk management in the new regulations, strategic sourcing and procurement executives must take strategic steps to streamline operating costs and ensure quality while sourcing raw materials for medical technologies. Building upon the success of our first annual meeting, we are proud to introduce to you the 2nd Annual European Medical Device and Diagnostic Strategic Sourcing and Direct Procurement Meeting that will bring together some of the best minds from the industry to uncover innovative ideas for achieving excellence in building, executing and maintaining an effective sourcing system by balancing cost and time against optimal quality and assurance. This meeting will further share best practices on how to align strategic spending, control cost, supplier selection, contracting and monitoring methods, negotiation tactics, building successful long-term relationships with suppliers and mitigate risk in future sourcing processes. This meeting will further cover keys elements like the impact of the new MDR and IVDR and ISO 13485:2016 to ensure compliance and maintain product quality. The meeting will include case studies, panel discussions, and interactive round table discussions led by experienced Sourcing and Procurement professionals that will yield actionable takeaways for establishing a lean procurement strategy with minimal risk. Throughout the two-day meeting attendees will an opportunity to be part of interactive sessions that will not only address the challenges faced but also gain insights on practical strategies for maintaining the highest level of product quality at a reduced cost through unparalleled sourcing tactics.