Bridging the Gap between MedTech and SAP®: mymediset, the #1 Medical Device Hypercloud™

Introducing the #1 Medical Device Hypercloud™ in SAP®'s Industry Cloud. The mymediset platform combines advanced medical technology with SAP®'s system to revolutionize medical device management. Our certified solution automates and optimizes complex MedTech processes, from loan set management to revenue recognition, providing a seamless link between healthcare supply chain processes and the SAP® ecosystem.
Bridging SAP® & MedTech
Consignment Inventory Management | Field Inventory Management | Loanset Inventory Management | mymediset | SAP Add-ons in the Healthcare Industry
Aug 25, 2023

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Where advanced medical technology meets SAP®’s robust system, mymediset for SAP®’s Industry Cloud is emerging. It’s set to transform medical device management. This sophisticated Medical Device Hypercloud™ platform connects MedTech’s complex needs with the efficient SAP® environment.

Standard SAP® Features vs. Complexity of MedTech Operations

Medical Technology operates at the forefront, advancing patient care. However, this innovation sometimes conflicts with SAP®’s structured nature. While Standard SAP® offers valuable tools, it struggles to handle specialized MedTech operations such as loan sets, consignment and field inventory smoothly and user-friendly.

mymediset Closing the gap

mymediset, the #1 Medical Device Hypercloud™, tackles this key challenge in the medical device industry:

  • Managing
  • Streamlining
  • And automating supply chain processes like loan sets, consignment, and field inventory.

  • mymediset Bridges the Gap

    Endorsed by SAP® and operating within SAP®’s Industry Cloud for life sciences, mymediset revolutionizes medical device management, offering unparalleled efficiency and precision.

    Unparalleled Benefits

    1. Unmatched Speed of Revenue Recognition

    Envision a scenario where swiftly recognizing revenue becomes imperative. And this is exactly where mymediset shines. It makes this idea real by making revenue recognition three times faster than manual or non-SAP® methods. This speed comes from a special app made for sales reps.

    The cutting-edge mymediset app not only manages bookings but also records consumption and automatically triggers real-time invoice generation as well as replenishment. As a result, the processes involving loan sets, consignment, and field inventory seamlessly come together within SAP®’s ecosystem. This flawless integration grants MedTech companies an undeniable competitive edge.

    2. Revolutionizing Inventory Management

    Effective MedTech operations center around inventory management. Going beyond, mymediset achieves an impressive 40% reduction in inventory levels. By leveraging intricate planning algorithms, the solution precisely allocates loan kits, consignments, and field inventory, thereby minimizing excess stock and optimizing supply chain management for unparalleled efficiency.

    3. Elevating Inventory Turnover

    Implementing mymediset, the Medical Device Hypercloud™, can boost the inventory turnover ratio by 20%. How? It streamlines and automates key processes like loan sets, consignment, and field inventory. This improvement ensures smoother product movement in the supply chain, reducing holding costs and enhancing operational efficiency. The solution shifts inventory management into a strategic advantage, away from being a challenge.

    4. Precision Redefined – Gain real-time Inventory Visibility

    mymediset in the SAP® Industry Cloud achieves a significant breakthrough: a notable 60% rise in inventory accuracy. Real-time visibility and data-driven insights remove errors, ensuring accurate monitoring of loan sets, consignment, and field inventory. This precision enhances quality control and builds trust across the supply chain.

    5. Enhancing Sustainability: A 20% Reduction in Expired Batches and Waste

    mymediset tackles the ongoing issue of medical device expiration. It achieves a 20% drop in expired batches, resulting in notable cost savings, enhanced sustainability, and strengthened compliance with quality standards. This leads to economic and reputational benefits for MedTech firms.

    Certified by SAP®

    SAP® endorses mymediset as a certified solution operating within their Industry Cloud for Life Sciences, elevating its credibility. This endorsement signifies a robust level of trust, guaranteeing a seamless and sophisticated user experience.

    Trusted by Global Giants

    The trust of Fortune 500 MedTech companies solidifies mymediset’s potential for transformation. These industry leaders recognize its capacity to revolutionize medical device management, standing as a testament to its ability to drive change on a global scale.

    Embrace the Future

    Are you ready to step into the future of Medical Device Hypercloud™ technology? Embark on a journey that promises accelerated revenue recognition, leaner inventory management, unmatched accuracy, and the solution to the long-standing problem of bridging the gap between MedTech innovation and the SAP® ecosystem.

Ready to speed up and simplify your medical device management?

Download the factsheet and speak to one of our experts now!

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