Medical Device Manufacturing

Current challenges facing the medical device manufacturing industry

Difficult inventory management

Since it is relatively difficult to increase production of your own products in this industry, it tends to be difficult to secure inventory in the event of a sudden increase in demand. Also, depending on how you respond to sudden demand, you may lose the trust of medical institutions. In such a situation, it is necessary to properly manage inventory and carefully manage and update data.

A wide variety of sales customers

Medical device manufacturers have a wide variety of sales destinations, including medical institutions and leasing companies, and it is difficult to know who will ultimately use the products. As a result, it tends to be difficult to implement targeted marketing measures because the sales destinations are unclear. Therefore, it is essential to manage a wide variety of complicated sales destination customers.

Industry-specific business flows

It is not uncommon for medical device manufacturers to sell related products as a set and handle maintenance management after sales. In such a situation, it is important to manage and analyze data that is appropriate for the flow of business. This is because introducing a system that is properly suited to the flow of business can be expected to reduce management and labor costs.

Three benefits of implementing ERP

Centralize your data

By managing data from each location in real time on the cloud, the actual inventory status can be linked to the data in the system, allowing you to check the inventory status one by one. This makes it difficult for the inventory status to diverge significantly, allowing you to manage your inventory appropriately.

Visualizing messy data

By managing and visualizing various data, you can utilize more accurate customer information. For example, even if you sell to a leasing company, you can formulate marketing measures to be implemented by properly managing the final rental destination.

Industry-specific systems

By introducing an industry-specific system, you can manage all the circumstances of your business, such as sales methods, distribution routes, and payment processing. By managing your business, you can understand which products to sell to which customers, and by what methods, and you can also expect to improve the efficiency of your operations.

The benefits of implementation in numbers

Reduce time to identify cause by 80%

Speedy investigation of causes of defects
By implementing end-to-end traceability of ingredients used in production and finished products, (problem resolution) can be carried out quickly.

Design errors reduced by 50%

Compliance:
Ensure compliant production by monitoring configuration tables that comply with REACH, RoHS, and FDA21. Reduce design defects.