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 have your inventory exactly where it’s needed. It’s a complex problem that demands a multi-pronged solution. The Root of the Problem: Inventory Everywhere (and Nowhere)
In an innovative collaboration aimed at tackling a significant challenge for Smith+Nephew, GHX and Movemedical joined forces to revamp the inefficient “Bill Only” process. This case study highlights the journey of transforming a labor-intensive system into a seamless, automated solution, resulting in enhanced operational efficiency and elevated customer satisfaction.   The Problem. The Bill Only process at Smith+Nephew caused customer frustration and excessive manual effort, hindering operational efficiency. Robin Curry, Director of Order Excellence and
In the highly regulated Pharmaceutical and Medical Device sectors, tracing inventory with precision is critical, yet companies often struggle with the limitations of traditional systems. These systems are typically reliant on transactional records that can be cumbersome to reconcile, providing an incomplete picture of an item’s journey and making it difficult to comply with strict regulations. Moreover, manual tracking is prone to errors, resulting in inventory mismatches like stockouts or overstocking, billing inaccuracies, and regulatory
It’s not easy to manage product loans for the field: translating requests, the reverse logistics of receiving, replenishing, and billing—all while optimizing inventory. It’s too complex to expect generic tools to handle. Loaner Operations needs a tool built for the job. CHALLENGES to Loaner Inventory Implantable med device field loaner operations must manage complex combinations and configurations of various inventory products—including implants, kits, sets, instruments, and disposables. Accurate allocation, shipping, tracking, and replenishment processes typically
Enhance Accuracy, Efficiency, and Trust in Medical Device Billing  In the complex landscape of the medical device industry, precise billing is paramount. Accurate billing fosters healthy partnerships & ensures both medical device manufacturers and hospitals can effectively manage their finances. But it’s not easy. Existing Challenges  The management of pricing construct data is fraught with challenges. Few, if any, systems simplify construct data management or automate the construct billing process. Construct data management is messy