By leveraging consignment loan performance metrics, par levels can be maintained through automated orders. Going a step beyond calculating optimal consignment inventory levels (previously addressed in the article Advanced Analytical Models for True Medical Device Inventory Consignment Optimization), the present article demonstrates how consignment loans can be leveraged to… 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
For most in the medical device space, the Order-to-Cash (Order2Cash, OTC, O2C) process is cumbersome and inefficient. The Medical Device complex supply chain desperately needs a complete end-to-end renewal to improve accuracy, efficiency, and patient safety—while driving genuine cost savings. The current processes for exchanging data between MedTech manufacturers and… Read More
Sales reps and ops teams in the medical device industry face complex challenges. Unique to the medical device last-mile supply chain is the fact that sales reps often carry inventory stock with them on a full-time basis as safety stock or as part of the overall fulfillment process. This “… Read More
Operational Excellence and Inventory Optimization are now key components of every major med device manufacturer’s long-term strategy. One of the main focus areas for limiting waste and practicing lean operations is through effective inventory placement at the hospital locations. Solving consignment inventory questions requires multiple steps. Managing consignment is one thing. Knowing… Read More
Medical device companies don’t just face challenges—they navigate a high-stakes environment where data security, compliance, and scalable operations define success or failure. Movemedical, the leading enterprise platform for medical device SaaS field inventory software and automation, provides medical device companies with the tools and systems they need to navigate these… Read More
Summary The most forward-thinking IT teams in the medical device industry understand that partnering with trusted third-party SaaS providers isn’t a concession—it’s a strategic advantage. By leveraging specialized tools designed for the unique challenges of field inventory management, compliance, visibility, and operational efficiency, these teams can refocus on… Read More
In the highly regulated and complex world of the medical device last-mile supply chain, managing logistics efficiently is paramount. Now, the medical device industry puts heavier focus on operational efficiency and cost-effectiveness. Movemedical stands at the forefront of addressing these challenges by offering solutions that streamline inventory management, enhance customer… Read More