Tag: Inventory Optimization

Article

Less is More: Reduce Inventory in the Field
(Without Hurting Deliverability).

Introduction: Everybody wants to reduce inventory in the field—but what is the real need? The answer is much more complex than simply having less inventory out there. Do you want less waste and loss? Of course. Fewer back orders, efficient deliverability, and greater utilization—absolutely! The real goal is to always… Read More

BY Nicolas Orrego
Article

Four (4) Key Corporate Resilience Principles Top Med Device Companies use to Grow Through Global Uncertainty.  

Considering the litany of recent and ongoing local and global struggles ranging from medical and financial uncertainty to political unrest, a resilient supply chain has never been more critical. Uncertain Times The rollercoaster of events over recent years have impacted all industries, especially in the healthcare sector. Everyday heroes… Read More

BY Nicolas Orrego
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

Demand-Based Asset Optimization

How Much Inventory Do You Really Need? Answering this question is often the top priority for our medical device partners, who are looking to reduce inventory in the field.  Through the combined strength of collected actionable data and statistics, the Movemedical platform enables advanced analytics to provide a robust… Read More

BY Joost Rietdijk
Innovation

Intelligent Inventory Optimization

Advanced Demand Data Analysis Collecting the right data is critical to cost transformation, but the power of good data is only realized with the proper insightful analysis. This winning combination of data and analysis for many organizations is mostly underrealized, yet has unimagined potential for medical device manufacturers. Read More

BY Pat Schenkel

Other Articles

Article

Pioneering Efficiency:
How Movemedical Transforms the Medical Device Last-Mile Supply Chain.

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

BY Nickolas Crawford
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