One of the questions I get all the time as our integration and implementation lead is “What is your plan for implementing this software? How can you assure me that it will go well?” While there are many factors that influence this process, many aspects can be controlled by you and your team.
If you have ever considered buying software from a 3rd party, you have likely struggled with the following quandary: do we build this in-house or should we buy it? While they both have distinct advantages, they also come with their own drawbacks. Companies need to carefully consider both options, but often times they aren’t able to get exactly what they are looking for, given the inherent differences in each approach.
To maximize the value of a field inventory system, best practice dictates integration with an ERP system. While most companies have an ERP system, the thought of integration is concerning because of the associated complexity and cost. To prevent this, we adopted a newer integration strategy. This methodology isn’t unproven, however, and several leading technology companies have already employed it. One of the best examples of a well-executed webhook strategy is Paypal – they integrate with almost any payment system to simplify the buying process for customers.
This article was originally published in Medical Design and Outsourcing by Heather Thompson. The supply chain for medical devices, particularly implantables, is very complex. Although a distributor often manages the inventory, manufacturers hold it in title. In addition, there are multiple parties involved at any given stage, and inventory changes hands quickly. The result is a high-value inventory battling competing interests, and high risks to the manufacturer, including adherence to FDA regulations.