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… Read More
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… Read More
It’s not easy to manage product loans for the field: translating requests, the reverse logistics of receiving, replenishing, and billing—all while optimizing inventory. It’s too complex to expect generic tools to handle. Loaner Operations needs a tool built for the job. CHALLENGES to Loaner Inventory Implantable med device field loaner… Read More
Enhance Accuracy, Efficiency, and Trust in Medical Device Billing In the complex landscape of the medical device industry, precise billing is paramount. Accurate billing fosters healthy partnerships & ensures both medical device manufacturers and hospitals can effectively manage their finances. But it’s not easy. Existing Challenges The management of pricing… Read More
The medical device last-mile is complex. The unique variables regarding field inventory, sales, billing, and order management add tremendous costs. Movemedical can help lower costs for medical device companies in several ways: Streamlined Inventory Management: Movemedical’s software allows medical device companies to manage their inventory more efficiently. By providing real-time… Read More
Managing implantable surgical devices in the field is highly complex, and requires teams of experienced industry experts to map out effective processes and implement them efficiently. Understanding the unique approaches needed to successfully accomplish this is a challenge for even industry veterans. To see how well AI could comprehend from… Read More
Impact of Cycle Time and Service Level on your Inventory Levels Clean, fast data enables proactive inventory control and management. Applied properly, advanced analytics can be leveraged to optimize your field inventory operations. Previous articles discussed calculating optimized inventory levels for medical device field offices based on actual demand… Read More