Life Sciences & Medical Devices Inventory Management for Oracle Cloud
Boost Accuracy & Efficiency Without Sacrificing Compliance
Navigating Regulatory Compliance
Life Sciences companies provide products to support biological necessities. These businesses manufacture and track many different types of inventory, including medical devices, biotechnology, pharmaceuticals, supplements, and genomics.
With intricate and complex products comes inventory compliance and regulatory needs - and that’s where technology becomes critical. A mobile data collection solution, like RF-SMART, allows for full inventory visibility and accuracy for the Life Sciences industry.
The Importance of Inventory Control & Accuracy
For companies in the Life Sciences space, the stakes are raised as their inventory is vital for providing life-saving care to patients. Inefficient paper-based processes put these manufacturers and companies in this sector at risk of letting down the healthcare providers and patients who rely on their timeliness.
Since each product is often associated with a dedicated lot and/or serial number, many of these companies choose to navigate this complexity by investing in a robust Enterprise Resource Planning (ERP) system and mobile data collection software. Companies around the world leverage Oracle Cloud and have implemented RF-SMART to extend the data functionality to the users on the warehouse floor, eliminating manual data entry, increasing accuracy, and enhancing the ROI of your Oracle Cloud investment.
Life Sciences Use Cases for Mobile Inventory Management
To effectively manage your Life Sciences products, you will want to choose a supply chain management solution that optimizes the below processes:
Quality Control and Inspections
A capable inventory management software will guide Life Sciences users through the inspection of products upon receiving and throughout their supply chain. This can happen in various ways, including:
• Quarantining material
• Printing quality assurance (QA) tags
• Spot-checking items
• Regulating temperature-controlled products
RF-SMART’s Quality Inspection Solution for Oracle Cloud accomplishes these needs by allowing staff to utilize their mobile handheld scanners to complete inspections from anywhere. This solution works in tandem with Oracle’s inherent Quality Management Module, providing users with the easiest access to complete inspections as part of their manufacturing, maintenance, or receiving process.
Lot and Serial Traceability
Tracking lot and/or serial numbers allows companies to identify individual pieces or groups of products, which is often necessary for compliance with industry regulations. With RF-SMART, data is captured in real-time, creating a clear inventory audit trail available for future reference. For even more time savings, all expiration dates are tracked, and data is prepopulated from the Advanced Shipment Notice (ASN).
Additionally, many of these customers need the ability to print item lot/serial labels before production. RF-SMART mobility allows users to design and print labels for all inventory items, increasing inventory visibility and optimizing organization in the warehouse.
Inventory Management
Life Sciences companies are often dealing with multiple factors that further complicate inventory organization, including expiration dates, raw goods, and compliance standards. Using Oracle Cloud and RF-SMART mobility can help untangle these complexities and increase inventory control in the warehouse. Inventory transactions including putaway, picking, manufacturing, and counting, can all be accomplished with barcode scanning. With RF-SMART, all inventory information is automatically updated from the handheld scanners, bypassing tedious data entry and user errors.
Hardware
In a manufacturing plant or warehouse where temperature, humidity levels, and other factors may vary, having the right hardware in place from the start will set users up for success. RF‑SMART has a team of hardware experts dedicated to help procure, deploy, manager, and maintain a wide variety of certified devices, many of which are able to withstand these conditions.
Let our hardware experts help you navigate through the device options and choose the device(s) that will best meet your needs considering ergonomics, environment, scanning distance, symbology of barcodes to be scanned, and level of usage of the device.
See How Option Care Health Works with RF-SMART for Oracle Cloud
"With a simple scan, RF-SMART lets our users complete transactions, and allows us to
track them from an accounting and process compliance perspective.”
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Challenges
Option Care Health didn’t have real-time visibility into their stock levels due to manual data-entry processes. With over 90 locations across the United States, Option Care Health knew that updating their inventory processes would help maintain consistency across their organization.
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Solution
With RF-SMART's mobile solution, the Option Care Health staff can scan an item’s barcode to auto-populate the associated lot number and send real-time data updates back to Oracle Cloud.
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Results
By implementing RF-SMART,
the Option Care team has
Cut receiving time in halfExperienced significantly better accuracy levelsSimplified tasks for operational teamsMade better decisions in planning, purchasing, and hiring
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