In the heart of every hospital lies a silent challenge that resonates through its corridors: Inventory Management. This isn’t just about numbers on a spreadsheet; it’s about ensuring that when a patient lies on the operating table, the right medical device is at the surgeon’s fingertips without a second’s delay. The current state of affairs? It’s a scenario where, on average, nearly 30% of nurses’ time is diverted away from patient care due to inventory-related
When it comes to better and more responsive patient care, an absolute focus on doing things the right way and consistently better is needed. Solving the medical device supply chain is one area that needs to be improved in order to serve the patient better. All it takes is to be: “Driven by innovation and efficiency and laser-focused on cost control, risk management, and optimizing supply chain support.”1 – Dan Hurry, President Advantus Health Partners
Introduction: Everybody wants to reduce inventory in the field—but what is the real need? The answer is much more complex than simply having less inventory out there. Do you want less waste and loss? Of course. Fewer back orders, efficient deliverability, and greater utilization—absolutely! The real goal is to always have your inventory exactly where it’s needed. It’s a complex problem that demands a multi-pronged solution. The Root of the Problem: Inventory Everywhere (and Nowhere)
In an innovative collaboration aimed at tackling a significant challenge for Smith+Nephew, GHX and Movemedical joined forces to revamp the inefficient “Bill Only” process. This case study highlights the journey of transforming a labor-intensive system into a seamless, automated solution, resulting in enhanced operational efficiency and elevated customer satisfaction.   The Problem. The Bill Only process at Smith+Nephew caused customer frustration and excessive manual effort, hindering operational efficiency. Robin Curry, Director of Order Excellence and
In the highly regulated Pharmaceutical and Medical Device sectors, tracing inventory with precision is critical, yet companies often struggle with the limitations of traditional systems. These systems are typically reliant on transactional records that can be cumbersome to reconcile, providing an incomplete picture of an item’s journey and making it difficult to comply with strict regulations. Moreover, manual tracking is prone to errors, resulting in inventory mismatches like stockouts or overstocking, billing inaccuracies, and regulatory