Tag: consigned inventory

Article

Maximizing Audit Value: Going Beyond The Count

Give reps their day (life) back by reducing audit time from days to minutes, while also removing all the stress. Inventory audits involve so much more than simply counting items. Built-in shelf mapping, automated alerts, generated discrepancy reports, and the ability to quickly scan any barcode straight from a… Read More

BY Eric Huppi
Article

Advanced Analytical Models For True Medical Device Inventory Consignment Optimization

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

BY Joost Rietdijk
Article

Reduce Inventory | Increase Turns | Help Sales

Driving Field Inventory Optimization Starts With The Right Tools [ *The purpose of this article is to share insights that help med device leaders (operations, sales, IT) increase revenue & optimize field inventory through effective digital transformation.] The Best Medical Device Companies Increase Turns, Reduce Inventory, Drive Sales… Read More

BY Mareo McCracken
Article

Too Many Disconnected Tools Drive Down Inventory Performance

Medical Device Field Inventory Is Massively Complex With too many tools and disconnected process, it makes the work even harder. With the right tools in place, major medical device implant manufacturers can finally have real-time inventory visibility, accurate forecasting all while driving asset utilization, and reducing waste. There are too… Read More

BY Mareo McCracken
Innovation

Can RFID Be The Solution For Medical Device Asset Utilization, Inventory Efficiency, and Usage Accuracy?

When done the right way, RFID is powerful. “RFID is not a technology that you can just heavy-handedly push into your processes and channels and assume that it’s going to provide you the gains you need. You have to know how and be able to utilize the data at… Read More

BY Nicolas Orrego

Other Articles

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
Article

Using The Right Levers Creates Exponential Asset Utilization Improvement

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

BY Joost Rietdijk
Article

7 Unrealized Key Objectives Achievable With The Right Tools and Lean Processes

Lean strategies, properly applied, allow sales and operations teams within the medical device industry to scale without adding a ton of overhead. Read More

BY Eric Huppi