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
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
In the unique, complex, and fast-paced world of medical device inventory management, staying on top of inventory audits can be a daunting task. Errors can lead to costly consequences, from compliance issues to lost revenue. At Movemedical, we understand the challenges you face, and we’ve developed a solution that’s not… Read More
The lack of supply chain visibility and asset traceability is one of the biggest problems medical device companies face today, especially in the last-mile as it relates to field inventory. No Visibility. In addition to wasted time, money, and assets, incomplete field inventory visibility causes all sorts of other issues… Read More
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
