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Industry

Medical Technology

The medical technology industry has experienced significant growth in recent years. Many economic forecasts agree: medical technology will continue to be a growing sector in the coming years. Operating in such a highly regulated industry presents numerous opportunities and fierce competition for medical device manufacturers. However, like any other industry, medical technology is constantly confronted with new challenges. Medical technology companies must therefore always operate with the highest quality and efficiency to maintain their market position.

And this is where the introduction of an ERP system comes into play. But how can AvERP meet the dynamic requirements of medical device manufacturers? Let’s take a closer look at the ERP system – its advantages and functions – to find out how it can meet the manufacturers’ needs.

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Why are AvERP systems worthwhile in medical technology?

AvERP offers industry-specific features that meet the ever-evolving needs of manufacturers of medical devices, pharmaceuticals, and biotechnology.

Medical device manufacturers operate in a growing and innovative market that is subject to strict regulatory requirements. These challenges often lead to increased costs, complex supply chains, and barriers to accessing global markets.

The use of AvERP’s features for medical devices can help promote product lifecycle transparency, ensure compliance with global legal regulations, facilitate the management of material availability, and guarantee high-quality end products.

Advantages of our ERP system AvERP in medical technology

Flexible storage

Configurable, inventory-dividing features give you the flexibility to access not only information such as serial or batch numbers, but also individually defined criteria and incorporate them into the management of your inventory.

Optimized customer service

Medical devices today incorporate more communication and software features, making customer service and support even more critical.
With a modern ERP solution for medical technology, manufacturers can ensure that the entire product development and serialization process, through to service and support, remains accessible and transparent at all times.
Complete product tracking ensures that spare parts inventory is always accurate and that the full customer history is maintained.
AvERP's returns management system allows you to monitor the return of products and installed components by a customer at any time and process the returned items accordingly.

Stronger quality control and transparency

Quality control and regulatory compliance require precise monitoring of manufacturing processes and product traceability. AvERP offers a wide range of tools for this, including product management, process controls, and data management. AvERP also allows you to set up automated audits and controls of incoming resources to ensure your production meets quality standards. To this end, AvERP provides a comprehensive suite of dashboards and reports that give you on-demand insights into your company's health. The more you know about what's happening in your business, the better prepared you are for changes.

Cost reduction

ERP systems for medical technology can help you reduce your company's costs and increase revenue.
ERP is a unified platform that combines various functions and modules into a single system, providing a central hub for all your important data. This not only saves you time and personnel resources but also gives you a long-term competitive advantage.

Monitoring the supply chain and careful material planning

As a medical device manufacturer, you are responsible for innovative ideas that improve the lives of patients worldwide.
Using complex technologies requires you to have complete control over your supply chain – from order placement to delivery.
An ERP system allows you to bring flexibility, automation, and transparency to every step of the supply chain. Modern ERP systems also include planning tools that enable immediate adjustments, helping you avoid production gaps and meet customer demands.

ERP modules in medical technology

Accounting and finance

A modern ERP system allows you to keep track of your finances anytime, anywhere.

Production​​

Coordinate collaboration with clients and suppliers - with the help of an ERP system you always have transparency about the individual production processes.

Warehouse Management

The ERP system allows you to quickly and efficiently search through stock levels, ensuring you are always well-equipped.

Quality assurance

A modern ERP system for medical technology enables you to control quality in all phases of your production cycles to ensure the highest safety and quality.

Sales

Track and plan your business processes, identify potential customers, and capture data across regions, records, and groups.

Adjustment

Technological progress is above all else: fast-paced. This makes an adaptable ERP system all the more important, one that is based on an open and extensible structure, allowing you to select the elements that meet your business needs in the future as well.

mobility

With a modern ERP system, you can access any relevant information whenever you want. This leads to greater flexibility and transparency in your business.

Updates and maintenance

Our ERP system is regularly updated and maintained with the latest technology to ensure you have an ideal and error-free system for as long as possible.

The license-free ERP system for small and medium-sized enterprises.

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What should be considered when purchasing an ERP system in the medical technology sector?

The FDA, national regulations, demanding timelines and strict quality assurance requirements are just some of the hurdles that medical technology companies face when searching for an ERP solution.

For comprehensive quality management and the tracking of product information, medical device manufacturers must implement ERP systems that can monitor the entire product development process, from purchasing to delivery, and thus ensure compliance with all required regulations.

Frequently asked questions

How much does an ERP system for medical technology cost?

The costs for an ERP system for medical technology vary depending on the provider, system scope, implementation effort and licensing model.

There are both cloud-based ERP systems with monthly subscriptions and local installations with one-time license fees.

It’s important to consider the total cost, including implementation, customization, training, and ongoing maintenance. Learn more in our guide, “What does an ERP system cost?”

The implementation time for an ERP system in the medical technology sector can vary depending on company size, the complexity of business processes, and customizations. Typically, implementation takes several months to a year. It is important to establish realistic timelines and allocate the necessary resources for a successful implementation.

An ERP system is very useful when it comes to ensuring legal compliance. This is because ERPs increase data transparency, traceability, and security to keep everything under control.

The ERP system for medical device manufacturing also offers reminders for inspections, regular audits, simulated product recalls, and compliance reports to help you meet requirements.

Other industries of AvERP

Automotive

Service provider

Single-unit production

Electrical engineering

Foundry

Wholesale

Retail

Craft

Industry

Food industry

Logistics

Contract manufacturing

Mechanical and plant engineering

Series production

Injection moulding and plastics

AvERP. Tailor-made, yet standard.

The license-free ERP system for small and medium-sized enterprises.

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Support: +49 (0) 921 / 60 800 93-45

Office: +49 (0) 921 / 60 800 93-0

E-Mail: info@synerpy.com

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SYNERPY GmbH

Christian-Ritter-von-Langheinrich-Straße 7

95448 Bayreuth

SYNERPY GmbH

Chr.-Ritter-von-Langheinrich-Str. 7

95448 Bayreuth

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