Get the right device to the right procedure
Medtech and diagnostics companies manage broad portfolios, inventory sitting in hospitals and with field reps, traceability requirements, and service commitments on installed equipment.
A surgeon needs the right implant, in the right size, at the right time. That's why so much medtech inventory sits on consignment in hospitals or in reps' trunks, where it's hard to see and expensive to carry. Diagnostics companies need a steady supply of reagents and consumables for every installed instrument. And across the board, unique device identification and quality requirements demand strong traceability.
What medtech and diagnostics leaders are balancing
Medtech and diagnostics supply chains have to serve clinicians who can't wait, while controlling inventory that's expensive and hard to see. Leaders are balancing:
- Field and consignment inventory that's hard to see and expensive to carry.
- Broad portfolios with many sizes, variants, and kits.
- Consumables supply for a growing installed base.
- Traceability and quality requirements.
- Service for installed equipment.
Across the medtech supply chain
From component suppliers to the operating room and the lab, we help connect each stage of the medtech supply chain:
- Plan: demand and supply planning for complex portfolios and kits.
- Source: component and supplier risk.
- Deliver: field and consignment inventory visibility and replenishment.
- Service: service parts and installed-base planning for equipment.
How we help
Supply Chain Consulting, Transform, and Managed Services come together here, with Vantage Trace for inventory and traceability visibility.
How medtech and diagnostics companies measure progress
Procedure fill rate, field and consignment inventory value, expiry write-offs, consumables availability for the installed base, and traceability completeness.
What leaders ask about Medtech & Diagnostics
Practical answers to the questions that often shape the first conversation.
How do medtech teams balance consigned, field, and procedure-ready inventory across accounts?+
Bring hospital, distributor, sales-representative, and service stock into one view of ownership, location, usage, expiry, and replenishment status. Policies should reflect procedure schedules, kit and size requirements, replenishment lead times, and the consequences of a missing or expired item.
How can medtech companies reduce field inventory without hurting procedure coverage?+
Improve visibility into what's actually in the field, rebalance stock across accounts and reps, and plan kits and sizes based on real usage patterns.
How can device traceability connect regulatory records with field inventory and service?+
Link device identifiers and lot or serial history to shipment, customer, usage, complaint, service, and recall workflows. The practical challenge is maintaining consistent, accessible records across ERP, quality, distribution, and field systems without creating manual reconciliation at each handoff.