Tag: Inventory Management

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
Article

Removing The Pain of Medical Device Audits & Cycle Counts

Are your AUDITS/Cycle Counts painful? You know Audits & Cycle Counts are a necessary evil: Besides being required for regulatory compliance they expose discrepancies between system inventory and the actual warehouse and field locations. It is difficult to get an accurate count. It… Read More

BY Nicolas Orrego
Article

Medical Device Inventory Optimization: Consignment & Field Stock Solution

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… Read More

BY Mareo McCracken
Article

Solving Medical Device Field Inventory Challenges (Consignment Management etc…)

Every medical device manufacturer has inventory challenges. Sometimes they ask us to help, sometimes they ask us questions. Usually, they like our answers. It is time for you to decide: How can Movemedical help me solve my visibility issues?  The biggest challenge facing medical device field inventory management… Read More

BY Nicolas Orrego
Article

The Only 3 Things Every Medical Device Leader Actually Cares About

Of course, serving and helping the patient comes first, that is priority #1! In order to do that better – when medical device leaders reach out to us – they want to discuss high-level goals like asset utilization & optimization, creating better sales and operational processes, and building a more… 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