The daily life of a sales rep is loaded with many different tasks. It’s not just about the sales reps are constantly following up on customer bookings, informing clients about product specifications, maintaining consignment stock, carrying out product re-calls and...
Managing consignment inventories spread all over the country - or even all over the globe - can be challenging, especially if processes are not designed to maximize efficiency. Often the existing consignment processes are filled with manual admin work. For example,...
Whether it is the Food and Drug Administration (FDA), the European Union Medical Device Regulation (MDR), the National Health Surveillance Agency (ANVISA), or the Health Sciences Authority (HSA), all medical equipment and devices need to pass certain audits coming...
Everyone working in the medical device industry knows the struggle of inventory and sales management. You have your complex product portfolio that can consist of loan sets, rental robotics and equipment, direct sales of medical devices, and more. You also have...
On the one hand, consignment and field inventory is the most common and cost-effective way to make medical supplies and devices available to customers, but on the other hand, it also seems to be the most complicated type of inventory that MedTech companies are...
It’s no secret that as your product portfolio grows so does your consignment inventory, and you know what that means - the time-consuming process of approving consignment entries and updating consigned quantities. But what if you could say goodbye to the old manual...
When organizations brainstorm ways to increase their sales, they often overthink the solution; a grandiose strategy is rarely necessary. What is really required are the right processes and the right tools working together in harmony, complementing each other to the...
The administrative aspect of your job takes way too much time as a sales rep or hospital staff member! There are just too many managerial tasks and so it seems obvious that working with a mobile app could be useful; for example, you could use it to schedule surgeries...
In theory, this sounds like the perfect option for both sides, suppliers as well as hospitals. In practice, however, managing consignment inventory efficiently is challenging and can become a time-consuming and massively costly task, if not done the right way. Here...
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