The Hidden Cost of Chaos
Let’s be honest: how much of the workday does your team spend putting out fires, entering sales data, entering request/order data, searching for inventory, and wrestling with the various systems you all use to get work done?
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Let’s be honest: how much of the workday does your team spend putting out fires, entering sales data, entering request/order data, searching for inventory, and wrestling with the various systems you all use to get work done?
New year, fresh start. As we head into 2022, is it time to enable better visibility into your medical device inventory? It’s a noble goal, because inventory visibility can benefit the whole team, from your field reps to your sales leadership and finance staff. But creating visibility can be difficult without the right tools. Here’s why it matters and what you need to know to get started.
Is your supply chain network fully connected?
Come, gather ‘round. We have a story to tell you, one we call “A Tale of Two Vendors.”
As we write this, the chestnuts are roasting on an open fire. Just above them, the stockings have been hung with care, in the hopes that you-know-who will soon be there.
You’ve probably heard it over and over again: when looking for a solution, don’t stare at the problem. Why? That’s because, as a recent Forbes author noted, focusing on defining the problem can limit the creativity of your solutions. Analytical problem-defining is a fundamentally different brain activity than creative problem-solving.
In the medical device manufacturing industry, it’s common for small to midsize companies to reach a point in their growth when leadership starts thinking about purchasing an Enterprise Resource Planning (ERP) system. This generally starts to happen when the following problems or scenarios arise:
Chances are, your team didn’t choose to work in the orthopedic implant manufacturing business because they couldn’t cut it as firefighters.
Like a birdie bounced over a badminton net, digital transformation is a buzzword frequently tossed into business conversations and articles. And just like that birdie—depending on who’s serving—it’s an offensive missive, or it’s deployed as cautionary advice to put a company on the defensive.