LONDON--(BUSINESS WIRE)--Quantzig, a pure-play analytics solutions provider, has announced the completion of their latest supply chain analytics study on the medical devices industry. A popular company specializing in the manufacturing of wireless medical devices wanted to devise a demand and supply planning framework using a two-step approach.
According to the experts at Quantzig, “A holistic supply chain analytics approach can help account for changes in process design, organizational operations, and data governance to address market trends including specialization, globalization, and regional demands.”
The wireless medical device industry is driven by a progressively older population and better medical insurance coverage and provides important potential, with an increasing global market and enormous demand for improved healthcare services. The demand for wireless medical devices is anticipated to continue to increase in the coming years as innovations in sensor and wireless communications make these devices ever more proficient of tracking changes in the human body and facilitating treatment.
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The supply chain analytics solution helped the client to accurately forecast the market demand for their medical devices across various developing economies. The client was able to avoid out-of sock scenarios by improving inventory levels and ensuring in-stock availability throughout the year.
This supply chain analytics solution provided benefits that helped the client to:
- Offer greater visibility of supply chain processes
- Establish a cohesive relationship between all tiers of the supply chain
- To know more about the benefits of supply chain analytics, speak to an expert
This supply chain analytics solution offered predictive insights on:
- Dealing with the shortcomings of traditional supply chain management systems
- Recognizing the need to incorporate demand and supply planning
- To gain relevant insights and understand the scope of our research, request a proposal
View the complete supply chain analytics study here:
https://www.quantzig.com/content/supply-chain-medical-devices
About Quantzig
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on all of Quantzig’s services and the solutions they have provided to Fortune 500 clients across all industries, please contact us.
