Tag: consigned inventory

Article

Revolutionizing Medical Device Consignment and Audits with Movemedical: Efficiency, Precision, and ROI Guaranteed

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

BY Mareo McCracken
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

Other Articles

Operational Excellence

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
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