UPS has announced a new field inventory technology which it says will help “ensure that surgical kits and implantable medical devices arrive where they need to be, when they need to be there.”
The integrated solution collaboration with WebOps, a medical device logistics and analytics technology provider, and Baxter Planning, an inventory and optimization solutions provider, helps medical device manufacturers optimize their supply chain amid stricter standards for patient safety.
The WebOps application enables precise tracking of surgery schedules, physician preferences, inventory availability and movement of surgical kits and implants. Surgeons and hospitals, device and instrument manufacturers and distributors can also communicate about implant usage, product needs and consumption.
According to UPS, by utilizing this solution, manufacturers can achieve 20% to 50% reduction in inventory and 10% to 30% reduction in expedited order requests.
“Medical device manufacturers require specialized services and solutions to solve problems that help to improve patient care,” said David O’Leary, Vice President of Operations for UPS Global Logistics and Distribution. “We are now leveraging these core strengths to bring solutions to the implantable medical device industry that offer better visibility and quality, reduced inventory and lower supply chain costs.”