Keeping track of hundreds of millions of dollars worth of inventory across thousands of locations is a challenge shared by many medical device manufacturers and distributors. Sales representatives are often the primary source of information when concerning inventory; this is due to their frequent presence in hospitals. However, this means that they often spend more than 40% of their time managing inventory, which cuts out of their primary sales responsibility. Today’s manual solutions that consist of spreadsheets, emails and phone calls often prove inadequate to accurately capture inventory and transaction information, or to effectively connect field and corporate teams together to serve the customer.
WaveMark uses Radio Frequency Identification (RFID) as a technology to enable a multitude of elegant solutions to inventory management, ranging from fully automated RFID Smart Cabinets to more interactive Field Mobility Applications using tablets and smart phones coupled with RFID. Information about inventory positions and transactions is easily captured at different points of the supply chain from the point of manufacture to the point of implant or use. The results:
The first step in utilizing RFID technology is the tagging of the product. With over nine years of experience in RFID, WaveMark’s tagging solutions provide the following: