There are multiple ways to manage inventory replenishment for medical device companies. One way is to order based off of usage at time of surgery or creation of the invoice/purchase order. Another way is through par level inventory management. Either way, without accurate, passive data, neither option is going to… Read More
In the medical device industry, you need a platform that is robust enough to manage your entire field operations. Some of which includes case management, billing, usage capture, kitting, planning, and of course par and consignment management. Consignment inventory should be visible at all locations. Read More
Capture the value of kitting without breaking your ERP system or budget, while also reducing manual processes. *authors: Nicolas Orrego & Charles Hanscom While there are many tools out there to “manage field inventory”, in reality, most of your inventory is being tracked manually–this is cumbersome, error-prone, and… Read More
Medical Device Cost Transformation Is Possible With A Comprehensive and Integrated Tool Enterprise medical device risk is reduced when inventory visibility is increased. In the medical device space, inventory accuracy is important for overall risk reduction and especially for capital ROI. When… Read More
This was originally published through Business Wire. $15 Billion waste in the implant device industry due to inefficient, manual, and disconnected systems, driving up patient costs. SAN DIEGO–(BUSINESS WIRE)–Movemedical announces the release of its implant medical device field sales and inventory SaaS platform. 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
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