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Sage X3 medical device ERP software provides the required tools to manage quality requirements and compliance for medical device manufacturers. It also supports internal communication and allows all departments to collaborate and work in unison. This medical device ERP delivers industry-specific functionality to accommodate your current and future business needs. In addition, you can conduct rigorous inspections to ensure your products conform to industry-specific operational standards.
The pandemic impacted global supply chains, increasing time-to-market and escalating material prices.
Yet, the demand for medical devices rose exponentially. As a result, experts suggest there will be a massive disparity between what medical device manufacturers can produce until raw material prices get back to pre-pandemic levels and global supply chains become functional again.
Unregulated devices are not covered by insurance, and therefore patients are skeptical about purchasing them
due to cost concerns. Also, medical device manufacturers get a bolt of shock when they learn more about FDA regulations and other evaluation processes because they are costly and lengthy. Thus, many startup medical device manufacturers don’t apply for getting government approvals.
One of the biggest concerns for medical device manufacturers is counterfeit products that flood the market within a few months.
Responsible medical device manufacturing companies do years of research to design and manufacture a top-notch product. But imitators build lookalike products that are poor in quality and may cause severe injuries to the consumers. These replicas are often well-packaged and competitively priced to offset their poor production.
One of the most significant challenges for the medical device manufacturing industry is the rising cost of medical
devices. It’s because patients, especially those suffering from chronic conditions, can’t afford medical devices. This situation is compounded by the fact that most medical devices lie outside the purview of traditional insurance coverage. And therefore, the customer base of medical device manufacturing companies is decreasing sharply.
Medical device companies can conveniently monitor and track sub-contract processes, build excellent relationships with partners, minimize operational costs, and control issues.
Create a Device History Record (DHR) that allows medical device companies to pay attention to the rising cost of production and materials, tooling specifications, patient documents, and packaging & labeling.
Sage X3 ERP software for medical device manufacturing allows companies to handle complaints, warranty claims, service contracts, and returns along with integrated CRM capability.
Sage X3 manufacturing ERP software allows companies to conform to high-level quality standards. It ensures that products conform to required characteristics, operational tolerances, and expected results.
Sage X3 manufacturing ERP software for medical device companies provides full backward and forward lot traceability. This feature maintains a repository of historical transactions over several years.
With its improved order fulfillment feature, Sage X3 manufacturing ERP allows medical device companies to meet customer expectations on time. In addition, data stored in a single repository will enable companies to improve
visibility into the supply chain, manufacturing operations, inventory, and changing market demand & customer preferences.
Medical device manufacturers need to monitor in-process quality, reduce risk, and ensure regulatory compliances. In addition, government rules and
regulations require monitoring and tracking products. Moreover, manufacturers must implement a Corrective and Preventive Action (CAPA) process if a possible downside is found. Automated systems like ERP software ensure that companies employ high-quality practices in their everyday operations and comply with compliance mandates.
Advanced ERP systems provide end-to-end traceability to medical device manufacturers, from procuring raw materials and converting them
to finished products to shipping them to the end-user. This feature also helps manufacturers get valuable details like the origin of a particular part or full product batch throughout the availability chain. In addition, the integrated traceability feature allows ERP systems to track the industrial components have been obtained by the client and ensures that industrial flows are synched with high-quality flows.
EAM allows manufacturers to eliminate waste, ensure high quality, and enhance output. These capabilities help reduce manufacturing downtime
by scheduling and planning maintenance activities. It also creates an account of materials, work orders, expiration date, tools location, in-service date, and preventive maintenance plans based on meter readings and time intervals.
Integrated CRM capabilities allow medical device manufacturers to develop everlasting customer relationships by better understanding their needs.
In addition, CRM software enables companies to offer several touchpoints across the customer life cycle through subscriptions, leasing, and renting gadgets. Another benefit of implementing CRM software is that the customer service team can solve client queries instantly and hand issues efficiently while working from remote locations.
ERP software for pharmaceutical manufacturers offers after-sales services such as defect identification, unscheduled maintenance, spare elements, and
guarantee/warranty administration. This feature allows information management along with historic monitoring of repairs and services. Moreover, companies can schedule and dispatch the best people at the required time. For example, technicians can quickly reach a client’s location to resolve issues.