Digital Transformation in Healthcare Supply Companies

The current economic and social climate has created enormous challenges for distribution companies that serve the healthcare market. Organizations need to have visibility to supply chain opportunities and constraints in order to maximize the returns available in the marketplace. In addition, operational efficiency is critical to increasing the level of inventory turns and optimizing the largest asset on the balance sheet. Finally, the challenges related to COVID-19 and its impact on the workforce have created the need for flexible, collaborative tools that provide access to data anywhere, anytime, and from any device. The processes and systems that worked well before COVID-19 can limit the ability to capitalize on opportunities and maximize revenues. As growth continues, these manual processes and ad-hoc applications begin to hinder productivity. In order to be informed and proactive, companies must have a handle on activities taking place in the supply chain at all times. Through proactive reporting and a rules-based methodology, your organization can take control of your supply chain to ensure you're meeting customer demand. By leveraging modern technology like NetSuite ERP, you can increase operational efficiency resulting in higher throughput of orders and reduced expenses. This video will demonstrate the following ERP features for healthcare suppliers and medical manufacturing organizations: Lead to Cash Processes Supply Allocations and Location Management Inventory Demand and Supply Planning Supply Chain Control Tower Warehouse Automation