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
Functionality drives benefits and benefits drive value. A good field inventory solution is worth its weight in gold— a fully integrated medical device-specific operations and sales force effectiveness platform is priceless. Sometimes seeing the difference between function and benefit can be confusing. In this article, we highlight the major differences and… Read More
The current situation is hurting you today and isn’t going to help you grow tomorrow. You know the status quo is no longer viable. The way you are operating your medical device inventory today will make sure you lose business, market share, and efficiency going forward. When major medical devices companies… Read More
You’re experienced, you see the problem and you know there must be a better way to increase asset utilization. You’ve seen everything. You’ve tried almost everything. But it’s difficult to identify the best option because there are so many companies who tell you exactly what you want to hear but… Read More
If you are like most people, you have struggled with managing inventory levels, you have tried so many tools and algorithms, well it is not your fault, and here is why… LOAN OPTIMIZATION Many organizations have their own blend of inventory forecasting models. However, without insight into the actual location… 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
The Right Enterprise Platform Makes All The Difference When searching for the right tool, there are so many factors to consider. When you understand what is important, then everything else becomes easier. After helping many of the world’s largest enterprise med device companies with their field sales enablement and… Read More