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Optimizing Consignment Stock Management for High-Value Medical Devices

A Swiss-based MedTech distributor, known for its disruptive approach to medical device distribution, needed to streamline operations and enhance traceability of high-value implantable devices managed under consignment models across multiple hospitals.

The Challenge

The client faced several operational and financial constraints:

  • Poor visibility on inventory and expiry dates
  • Product losses and damage during storage and transport
  • Complex compliance requirements and slow billing cycles
  • Significant cash flow constraints due to delayed revenue recognition

The Solution

E-novate designed and deployed the Aligna solution — a fully integrated Salesforce-based system customized for inventory and lifecycle management of consigned medical devices. Key features included:

  • Real-time tracking and scanning (desktop & mobile)
  • Automated replenishment and expiration alerts
  • Seamless QuickBooks Online integration for invoicing and payment tracking
  • Custom dashboards via Tableau for demand forecasting and compliance monitoring

Results

Within 12 months:

  • Over 2,500 invoices and 6,000 stock operations processed
  • Operational waste and manual errors significantly reduced
  • Inventory counting accuracy and staff accountability improved
  • Financial visibility and forecasting capability greatly enhanced

Future Outlook

The roadmap includes integrating IoT-enabled smart storage units and AI-driven predictive analytics to further automate inventory tracking, enhance compliance, and improve replenishment cycles — reducing stock-outs and manual overhead.

Technologies Used

Salesforce CRM, MedTack Fulfillment, QuickBooks Online, Tableau, Custom APIs, Mobile Scanning

 

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