RFID for Manufacturers:
All Sales Field Inventories Under Control
Leave your stock take to RFID technology
CCS M2 provides all necessary real-time information concerning inventory and consumption by individual customer. Necessary products will be automatically replenished on time and cost intensive overstock is avoided.
Before you start reading please think for a moment about the following questions:
Have you ever checked what is the value of your consignment stock of implants in hospitals? Do you have any clue about its stockturn?
Typically, the stockturn of manually managed implant stock is about 4 - 6 months. Our experience shows that CCS M2 brings it down to 1 month within 6 months.
Would you want to release cash for further investment and growth?
Assuming that you had an initial stock value of 0,2 million Euros with 4 month stockturn CCS M2 releases 150.000 Euros in cash, then available for investment into better treatment and growth.
What about understanding more closely the demand characteristics of your customer base?
CCS M2 gives you real-time online complete information about the consumption of implants by place of installation. You get a very close picture of the demand characteristics for each and every customer that will significantly improve your demand forecast and consequently allow you to optimize your production plan by all standards (lead times, stock of work in progress, etc.)
What is the share of obsolescent implants in your total implant consumption?
What are your total costs related to this?
Obsolescent implants are a constant nuisance in the relationship between you and your customers. Who is responsible for bearing the costs of taking back expired products? CCS M2 reduces the risk of implants becoming obsolete by more than 90% due to much higher stockturn and automatic expiry time monitoring.
How many of your employees/sales reps are involved in monitoring your implant stock and keeping track of its consumption and replenishment? What are their costs of doing so?
Typically 30 - 40% of the sales order lines in your ERP system are caused by your 20% A customers that account for 80% of your sales. CCS M2 allows you to completely automate the processing of these replenishment sales orders creating รก significant cost savings potential in your internal customer service department. Also your external sales organization does no longer have to visit the customers for counting implants. This compares to our monthly leasing fee of 350 - 450 Euros for a corresponding CCS M2 system which automatically reorders and ships the implants. Losses of inventory become an experience of the past. For your sales rep it is very often almost impossible to verify whether a missing implant has been really consumed or just not returned to its normal place of storage not to think of other human errors such as missing deliveries. Needless to say that this also saves a lot of time.
Cabinet networks as they are created by CCS M2 allow you to detect very quickly significant changes in the regional market demand, be it new upcoming stars as well as losing customers. This allows you to hedge against the risks from your customer portfolio long before any sales rep report which may not completely reflect reality.
Last not least one should not forget that CCS M2 is a huge customer loyalty program. Customer satisfaction is not only a function of offering exceptional products but also of a superior service level.
Economic Advantages Healthcare Manufacturers:
Find out your economic advantages with CCS M2!
