Movemedical provides a modular software platform for managing medical device inventory, enabling real-time tracking, order fulfillment, and compliance with regulatory standards. The solution addresses inefficiencies in the medical device supply chain by automating processes such as audit reconciliation, consignment tracking, and inventory optimization, resulting in reduced costs and improved asset utilization.
Funding
Funding not disclosed
RTFounders
Product
Problem
Managing medical device inventory often involves manual processes, leading to inaccuracies, inefficiencies, and compliance challenges. Lack of real-time visibility into inventory levels, locations, and expiration dates results in increased costs, suboptimal asset utilization, and potential regulatory issues.
Solution
Movemedical offers a modular, enterprise-grade software platform designed to streamline medical device inventory management for both suppliers and hospitals. The platform provides real-time tracking of inventory, automates order fulfillment, and ensures compliance with industry regulations. By digitizing and centralizing inventory data, Movemedical enables organizations to optimize inventory levels, reduce waste, and improve overall supply chain efficiency. The system facilitates seamless scheduling, requesting, sourcing, usage capture, mobile scanning, billing, transfers, and notifications, all within a single, integrated tool.
Target Audience
The primary target audience includes medical device suppliers, hospitals, and surgery centers seeking to optimize their medical device inventory management processes, reduce costs, and ensure regulatory compliance.
Features
- Real-time inventory tracking across multiple locations and facilities
- Automated audit reconciliation to ensure accurate inventory counts
- Sales order management with PO tracking and automated invoicing
- Integration with shipping carriers for streamlined logistics
- Personal scheduling calendar for efficient case management
- Management of Physician Preference Items (PPI) with code life and expiry tracking
- Loaner logistics management for inbound/outbound loaned devices
- Consignment tracking for complete visibility of consignment inventory
- Bill-only automation for digital submission, validation, and processing
- Directed distribution for kitting and intelligent allocation to hospitals and surgery centers
- Inventory analytics and reporting for data-driven decision-making
- Sourcing matrix for efficient allocation of inventory items
- Field-level publications for improved communication and collaboration
- Expiration management with automated notifications
- Mobile scanning for streamlined auditing and usage capture
- Case request management for accurate scheduling and inventory allocation
- Product exchange order processing
- Returns management with accurate tracking and enhanced compliance
- Order approval/rejection workflows