In the United States alone, the transportation of medical devices accounts for 8.5% of global greenhouse gas emissions. Furthermore, an astounding 20 million tons of medical waste is generated annually*. To tackle these challenges, mymediset, the medical device hypercloud, has devised a sustainable solution to transform the industry.
Downstream Logistics: An Integral Component of Sustainability
The transportation of medical devices from manufacturers to healthcare facilities is a crucial component of the industry. However, inefficiencies in transportation and inventory management contribute to a $130 billion USD annual write-off, with significant environmental impacts. mymediset provides a data-driven approach to improve the downstream logistics of medical devices sustainably. The platform considers any sustainability aspects, including environmental, social, and governance (ESG) factors, to ensure the most sustainable decision is made for each downstream logistic process.
Reducing Medical Waste with a Circular Business Model
Single-use devices account for a significant portion of medical waste in the industry. A circular business model helps to reduce waste by designing medical devices for reuse. mymediset manages circular products by providing full inventory visibility in the field, allowing medical device organizations to loan medical device sets.
Reducing Medical Waste by Enabling Full Inventory Visibility
mymediset also reduces medical waste by monitoring expiration dates and ensuring that medical devices are used before their lifespan ends. This not only reduces inventory levels but also has a positive impact on a company’s sustainability performance.
Maximizing Efficiency through mymediset
In addition to promoting sustainability, mymediset also benefits medical device organizations by maximizing efficiency. The platform features seamless management of medical assets, consignment and field inventory, all inside SAP®. mymediset provides full inventory visibility, allowing efficient inventory management to reduce stock-outs, maximize order fulfillment, reduce supply chain costs, and increase revenue.
*Watts et al.: The 2019 report of The Lancet Countdown on health and climate change.
