Tag: Data Modeling

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

3 Data-Based Methods for Optimizing Medical Device Asset Management 

Field operations are complex and continuously changing. Multiple adaptive advanced analytics models triangulate and automatically take mitigating action on inventory efficiency opportunities and risks. Operations in the Medical Device industry are especially complex due to the expectation of zero failures. When sales teams fail to ensure the right assets are… Read More

BY Pat Schenkel
Article

Forecasting Models with 92.4% Accuracy Enable Unprecedented E&O Mitigation & Efficient Inventory Management

Applying Different Analysis Methods to Hierarchical Case Volume Data Requires Collecting Lots of the RIGHT Data (and knowing how to apply it). The Need to Look into the Future Getting ahead of the curve is crucial to the success of operations planning in any space, and healthcare is no exception. Read More

BY Kennedy Schnieders

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

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