Introduction True supply chain end-to-end optimization requires global, highly available, highly responsible application services to manage the movement of materials across a digital network. According to Grand View Research, the global supply chain management market size “is expected to expand at a CAGR of 11.1% from 2023 to 2030.” As the need for this technology …
Introduction Cybersecurity is one of the biggest concerns for manufactures in 2023, especially for medical device, equipment and supplies manufacturers. Particularly since the pandemic, hospital and other medical-related entities have been targeted by hackers with an estimated 35 million healthcare records “compromised, exposed, or impermissibly disclosed” in 2019 alone. With so much sensitive information under …
Navigating Cybersecurity for Medical Manufacturers Read More »
Introduction The pandemic led to major disruptions in manufacturing and the industry is still navigating an economic climate of uncertainty. Don’t let your competitors get ahead by better preparing for what the year has to offer. Although it is impossible to know the future, research does point to a few things we can expect in …
Introduction With so much disruption in the past few years, customers are fed up with promises that aren’t delivered on. For manufacturers to be successful in this highly turbulent environment, they need to produce high quality goods rapidly. Having digital resources is essential to meeting the high demands of customers. Conquering logistics, forecasting and communicating …
Manage Logistics, Forecasting and your Supply Chain Read More »
Introduction As a manufacturer, cycle time directly impacts your profitability. Overestimating your turnaround time or being blindsided by production delays will force you to either miss or pay extra expenses to meet deadlines, creating a stressful and unsustainable business environment. In this blog, we will review how to measure and maximize your cycle time. What …
Building a new foundation for change Merely implementing a new ERP isn’t enough to fully modernize a supply chain and create a more valuable digital network. Processes and systems must adapt as the solution streamlines old ways of working. Manual invoicing, spreadsheets, and traditional control towers utilizing outdated communication processes all reinforce siloes throughout the …
Control Your Data Management and Warehousing through Digitization Read More »
Introduction The shop floor determines the success or failure of a manufacturer, but it is one of the most difficult areas to bring about sustainable long-term improvements. Unexpected errors and delays, resistance to change amongst workers and lack of visibility can hold your shop floor back. In this blog, we will cover the ways an …
Introduction Medical device, equipment and supplies manufacturers face extra scrutiny from the FDA, especially when it comes to protected health information (PHI) like social security numbers, names, addresses and demographic data. To be HIPAA compliant, medical manufacturers need to ensure that their devices have proper authorization and cybersecurity safeguards to protect PHI. When do you …
Maintaining HIPAA Compliance when Collecting PHI in Medical Devices Read More »
Introduction For medical manufacturers, a medical device recall is their worst nightmare. Your company will be scrambling to halt production, provide rapid customer service to a large amount of customers at the same time, respond to revenue loses and mitigate damage to your brand’s reputation, all while working with the FDA. The only thing worse …
What Went Wrong: Analyzing a Medical Device Recall Read More »
Introduction Supply chains are under a lot of strain. The pandemic and other major global shifts make it challenging for manufacturers to fulfill their commitments to their customers and to environmental sustainability initiatives. By digitally enabling your supply chain, it is possible to find new strategies to support these commitments while increasing efficiency and navigating …
Navigating Customer Demands and Sustainability with Your Supply Chain Read More »
Introduction Navigating the challenges of today’s supply chains requires an unprecedented level of agility. It calls for supply chain tools that deliver network-wide trading partner connectivity to enable real-time visibility, demand and supply planning, and production scheduling insights. Fortunately, modern tools deployed in an organization’s technology stack can digitally transform the supply chain, revealing new …
Why Supply Chain Digitization is No Longer Optional for Manufacturers Read More »
Introduction Every year, medical device, equipment and supplies manufacturers pay close attention to the FDA to look for signals about shifts in regulatory standards. 2023 is an especially unique year because COVID-19 is still impacting the medical landscape, but it is not in its peak like it was a few years ago. This year, there …
What’s Coming in 2023 for Medical Manufacturing? Read More »
Introduction Inventory management is one of the biggest factors to becoming a successful manufacturer, but most companies overlook a critical step: prioritizing their inventory. Without understanding the characteristics of your inventory, it will be nearly impossible to focus your efforts, navigate inventory turnover and expand your brand. Learn how to prioritize your inventory and what …
Introduction One of the hardest challenges for manufacturers is managing inventory turnover. No one wants to have their capital overinvested in inventory, to be forced to sell items at a discount, or to waste precious storage space on undesired items. Forecasting is meant to help businesses plan for the future, but can it really help …
Introduction Most manufacturers struggle to keep track of what is happening in their warehouses, which hurts their bottom line. In contrast, industry leaders have clear insight into both their warehouses and their entire supply chain by using a warehouse management system (WMS). In this article, we will discuss the benefits of a WMS that allow …
Enhance Your Supply Chain Through Deeper Visibility Read More »
