Everyone working in the medical device industry knows the struggle of inventory and sales management. You have complex product portfolio consisting of loan sets, rental robotics and equipment, direct sales of medical devices, and more. You also have different inventory types such as 3PL warehouses, centralized and de-centralized stock holdings, consignment inventory at a distributor, or field inventory stored with sales reps and customers. That is a lot of inventory to manage!
The SAP® solution offers a wide, yet limited, range of features manage inventory processes. It has limited capability in efficiently mapping loan, rental, consignment, or field inventory processes in some cases. The capabilities it does posses with regards to this area of management is often not efficient enough.
SAP®, as a stand alone solution, requires duplication of data input to facilitate these specialised processes. This creates increased opportunities for data entry errors, and can cost the organisation greatly in time and resources.
Consider the following 6 statements:
1.Your backoffice requires a solution where one click replaces 5 different transactions
2.Your team needs out-of-the-box features to eliminate data extraction from SAP® into Excel for overviews of booked loan sets per customer.
3.Your sales reps wants to check if required medical items are available at the consignment stock from hospitals nearby. They wants to check availability immediately without delays from emails or phone calls with your customer service team. As they are already under time pressure for his next sales meeting.
4.You want to know when each product will expire and where that product is currently stored, not only for compliance but also to understand how your products are performing. You don’t want to go through single items, you want to get an easy overview of your inventory, listed by location/ per rep, including all relevant information such as serial, batch number, expiration date, storage times, and more.
5.You wish to minimise admin work when it comes to consigned inventories. Whenever your customers consume your product out of their consignment stock, the system should automatically trigger invoicing and replenishment of the used stock.
6.You want to offer your sales reps a mobile app that’s perfectly user-friendly and offers great user experience so that your sales team has the right tool for working efficiently.
The good news is that all of that is possible! And yes, inside SAP®! How? Don’t waste time bothering your IT team to customize the SAP® MM and SD Modules. Make it easier and get a tool that’s already on the market! A tool that’s certified by SAP®! A software that’s working out-of-the-box!
A SAP® add-on solution called mymediset!
Why a SAP® add-on? Because you would not try to install a Windows App on your iPhone, right? It just wouldn’t be compatible. Same thing SAP®. SAP® add-ons have been checked and certified by SAP® so you can rest assured that this solution is fully compatible with your SAP® environment; it does not harm or crash anything but offers you real value! Plus it’s fully integrated into your SAP® system, closing the gap between your requirements and your existing SAP® solution.
Check out mymediset! The SAP® add-on solution that has specifically been developed to effectively solve all the major pain points in the medical device industry. Sending out medical loan sets, managing field, and consignment inventories, offering a sales rep app – all is considered and continuously developed by mymediset’s SAP® developers and architects in Germany, Singapore, and the United States.
Curious to learn more? Connect with us!
