When maintained correctly, medical equipment inventory becomes an important part of improving equipment management in a healthcare organization, which in turn plays a key role in enhancing the company’s bottom line. With better equipment management comes improved access to, quality of, and use of medical devices; as well as constructive insight into the company’s… read more →
In today’s marketplace, deciding how much inventory to carry is by no means a simple task. With the growth of eCommerce and a competitive international trading scene, inventory managers are finding it harder to make accurate projections to stock their inventories. In such a scenario, we are seeing more project managers depending on safety stock… read more →
Medical devices companies are in for a gut-wrenching transition over the next five years. While many companies have enjoyed gross margins in excess of 70% and a relatively static and complacent competitive environment over the past two decades, it seems that the industry is in for a pronounced shift. Average selling prices (ASP) are being… read more →