Category: Article

Article

What is the True Cost of Maintaining the Status Quo? 

Within several leading drivers for profitability in a medical device inventory operations organization, “business as usual” carries with it unsustainable deficits. There is often only political—but not practical—validation for persisting in inferior, costly processes. Essentially, “going down with the ship”. Especially when it comes to medical inventory software, cutting losses,… Read More

BY Nicolas Orrego
Article

Five (5) Critical Strategies for Managing Physician Preference Item (PPI) Costs within Hospitals

For most hospitals, Physician Preference Items (PPI) represent a significant portion of the total supply costs—ranging from 40% to 60%. Given this substantial expenditure, hospital leaders must focus on PPI management strategies to contain costs effectively. Cost-Saving Strategies Below are five key strategies for managing implant costs: Mindset Shift… Read More

BY Keerthi Kanubaddi
Article

MedTech Field Inventory Automation & Case Management: Buy or Build?

Buy or Build? When it comes to specialized software solutions, that is always the key question. In some industries, building it yourself and having the IT team turn into a software company might make sense. With implant medical device field inventory, it doesn’t—and so far, in-house solutions have never… Read More

BY Mareo McCracken
Article

Seven (7) Medical Device-specific Field Inventory Challenges (And How to Solve Them)

Managing medical device field inventory is uniquely complex due to several factors distinctive to the medical device industry. A few of the biggest challenges that make medical device field inventory so difficult are: Lack of True Inventory Visibility Cumbersome Manual Processes Disconnected Systems and Tools Outdated Software and Inefficient Processes… Read More

BY Mareo McCracken
Article

CRMs Can’t Effectively Manage Medical Device Field Inventory (10 Critical Capabilities They Lack)

A CRM (Customer Relationship Management—like SalesForce.com) is primarily designed to manage interactions with current and prospective customers by focusing on sales, marketing, and customer service processes. Managing basic customer data, potential sales pipelines, and limited communication history may be sufficient for some industries, but managing customer relationships in Medical Device… Read More

BY Mareo McCracken

Other Articles

Article

Pioneering Efficiency:
How Movemedical Transforms the Medical Device Last-Mile Supply Chain.

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

BY Nickolas Crawford
Article

Fix Medical Device Inventory & Reduce Costs

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

BY Mareo McCracken
Article

Seven (7) Ways ChatGPT Recognizes How Med Device Companies Benefit from Using Movemedical

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

BY Mareo McCracken