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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.
Fulfill the needs of your medical device company through advanced governance, controls, and oversight required for ensuring that materials are procured ethically. Sage X3 will allow you to optimize sourcing strategies for raw materials and facilitate the selection of suppliers throughout the purchasing cycle. Partner with suppliers to secure long-term preferential agreements. This way, you can get high-quality materials at affordable costs.
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.
Provide forward and backward bi-directional traceability from source to consumption
Verify the authenticity of specific transitions by operators
Generate corrective actions and efficiently handle all steps in the non-conformance process
Allow contract manufacturers to finish their work without providing them real-time access to the central repository
Engineering change control allows you to meet the design process needs
Define production resources such as labor, machines, and quality management
Track defects and variances
One of the essential features of Sage X3 is replacing one item with a valid substitute item
Eliminate multiple data copies with real-time CAD integration
Identify and resolve bottlenecks quickly by handling exception alerts and managing real-time Work-in-Progress monitoring
Identify which task is assigned to which employee, eliminate difficulties, and reduce risks using full audit trail reporting
Eliminate quality issues by checking trends and patterns
Get a 360-degree perspective of labor, raw materials, machines, and quality variables
Use planning tools and advanced capacity planning to reduce costs
Reserve serials/lots for parent components for issuing materials for finished goods
Fulfill the needs of your medical device company through advanced governance, controls, and oversight required for ensuring that materials are procured ethically
Sage X3 will allow you to optimize sourcing strategies for raw materials and facilitate the selection of suppliers throughout the purchasing cycle
Partner with suppliers to secure long-term preferential agreements. This way, you can get high-quality materials at affordable costs
Use requisition approval workflow to manage the purchasing process
Define user restriction by denying or limiting access to the warehouse
Speed up the purchase process by creating RFQ and submitting it to prospective suppliers
Manage the exchange and return of products brought from suppliers
Install lots, stock codes, and bins to prevent the use of discrepant material
Sage X3’s lot traceability and serial tracking functionality provide replacement details, reliable part warranty, and history. It includes details of any subcontracted work, service notes, and configuration history
Keep records of previous maintenance work and customer equipment specifications to meet service-level subcontracted work
Get a comprehensive view of machines, raw materials, labor, and quality variables
Streamline order-taking and generate purchase and factory orders with relevant details using a rule-based product configurator
For design-to-order and complete engineer- requirements, expedite the inquiry processing speed through quotations and estimating functionality. It provides a comprehensive view of standard and non-standard labor and material costs
Sage ERP X3 system can be customised to suit your business needs to gear up your business’ success.
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 fulfilment 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.