Surgical Kit Management for Orthopedic OEMs - Leverege

In the competitive and precision-driven world of orthopedic surgery, surgical kits represent not just tools of the trade but significant financial assets for Original Equipment Manufacturers (OEMs). With the value of these kits ranging between $10,000 to $50,000, the imperative for orthopedic OEMs is clear: maximizing the return on these high-value assets is crucial. However, this goal is often undermined by challenges such as low utilization rates (average turns), unnecessary expenditures, and the laborious process of manual audits, all of which can severely impact profitability.

The Leverege Surgical Kit Asset Management solution is designed to directly address these pain points. This solution offers a comprehensive approach to managing surgical kits, focusing on enhancing sales efficiency, boosting the rate of kit utilization, slashing unwarranted costs, and transitioning from manual to automated audit processes. The result? A significant increase in revenue, achieved at a lower operational cost.

With this solution, users receive real-time insights into the location and usage of each kit, thereby preventing loss and enabling better planning to avoid rush orders—a common source of inflated costs. Additionally, by automating inventory audits, it not only saves valuable time but also ensures accuracy and up-to-the-minute inventory data, a crucial factor for responding swiftly to market demands.

By optimizing the allocation of inventory across regions based on actual demand, the solution prevents the underutilization of assets, ensuring that each kit is turned over more frequently and thus generating higher per-asset revenue. In essence, the Leverege Surgical Kit Asset Management solution empowers orthopedic OEMs to operate more efficiently, reduce costs, and significantly enhance profitability, all while maintaining the highest standards of service and support for the healthcare providers they serve. This strategic approach to asset management is not just an operational upgrade—it's a competitive advantage in the fast-paced orthopedic sector.