Tag: Medical Devices

Article

Maximizing Audit Value: Going Beyond The Count

Give reps their day (life) back by reducing audit time from days to minutes, while also removing all the stress. Inventory audits involve so much more than simply counting items. Built-in shelf mapping, automated alerts, generated discrepancy reports, and the ability to quickly scan any barcode straight from a… Read More

BY Eric Huppi
Operational Excellence

Allocating Properly: Trunk (safety) Stock in Combination w/ Consignment Inventory  

Sales reps and ops teams in the medical device industry face complex challenges.   Unique to the medical device last-mile supply chain is the fact that sales reps often carry inventory stock with them on a full-time basis as safety stock or as part of the overall fulfillment process.   This “… 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

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

Other Articles

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
Article

Entry Level vs Enterprise: Medical Device Sales Field Enablement & Inventory Optimization

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

BY Mareo McCracken
Innovation

Days of Inventory on Hand is The Future

Covering Each Surgery is Good. Accurate Par Management is Better. Days of Inventory on Hand is Best. Medical device implant inventory management is complex.  The last-mile is so unique. You have sales reps, support, and ops teams trying to work together, but often using different tools,… Read More

BY Mareo McCracken