Tag: Predictive Analytics

Article

Twelve (12) Critical Questions for Your Inventory Management System

Determining which Inventory Management System with which to entrust your field operations is no simple effort. Standardizing, automating, and optimizing operations requires streamlined, efficient processes. However, the complex operations of a medical devices business—with multiple organizations working together using various inventory types, each with their own set of business… Read More

BY Nicolas Orrego
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
Article

Optimizing Your Field Inventory Asset Utilization (Without Losing Sales)

High Level Turn Ratios in Excel are Not Enough to Do Your Job Well You are definitely ahead of your peers if you are calculating and acting on high-level turn ratios. Yet, to be able to perform true advanced asset utilization including using predictive modeling with machine… Read More

BY Josh Weeks

Other Articles

Article

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