[CASE STUDY] On-Site Vendor Managed Inventory (VMI) Solutions
Having the right instruments, spare parts, or medicine at the right time is a critical requirement for every health care provider. That is why the availability of Field Inventory is a major advantage for medical manufacturers. However, manual and inconsistent field inventory management is time-consuming and can lead to poor stock accountability, inventory loss, billing inconsistency, sales loss due to inventory shortage, or overstocking. Our on-site vendor-managed inventory solution powered by AI and RFID technology, allows manufacturers to have real-time end-to-end visibility on-field stock levels and optimize inventory between field stocking locations before stock expiry. We ensure 24/7 stock availability based on predictive analytics, so the authorized users can access critical items from on-site smart lockers using biometric validation. Download our case study to check how we improve inventory planning and help manufacturers to achieve optimal stock levels.