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
Determining which Inventory Management System with which to entrust your field operations is no simple effort. Standardizing, automating, and optimizing operations requires streamlined, efficient processes. However, the complex operations of a medical devices business—with multiple organizations working together using various inventory types, each with their own set of business… 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 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 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
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
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
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