WaveMark's Advanced Analytics is a powerful business intelligence platform that enables sales, marketing, finance, and supply chain to rapidly detect trends, analyze and act on field inventory information. The goal is to ensure that the right products are on the shelf at the right time and in the right amounts, while substantially reducing the costs of holding and managing inventory.
Features of WaveMark's Integrated Advanced Analytics application include:
Medical device suppliers can identify opportunities for right-sizing inventory for consigned products as well as products at risk of expiration and write-off. Ultimately, the information in Advanced Analytics leads to fewer expensive write-offs, more efficient consignment management and usage tracking, and lower cost of consignment with optimal product mixes.
The Integrated Advanced Analytics application can also be used by sales representatives, from their tablets or smart phones, to quickly analyze the health of their accounts including usage and ordering trends over time, as well as to compare accounts to each other and to historical data.