Medical device inventory is complex. Managing field inventory, especially consignment inventory, is a real problem. Medical device manufacturers face many complex situations not present in any other industry. These unique variables bring on many challenges, like: Excessive Inventory Slow-Moving Inventory / Missing Inventory Bad Data (Low Visibility, Inaccuracies) Obsolete Products Poor Customer Communication Audit/Cycle-Count Discrepancies Difficult Returns / Field Transfers Stock-Outs / Spoilage / Damaged Products Wasteful Shipping Costs These problems can be solved. These … Continue reading Medical Device Inventory Optimization: Consignment & Field Stock Solution