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Four Advanced ERP Capabilities You Must Look For
Enterprise resource planning (ERP) solutions, for example, increase competitive advantages by providing the backbone for operational excellence.
Fremont, CA: Major advancements in wireless technology, downsizing, and processing capacity are spurring new connected medical devices that can create, collect, analyze, and send data. Consumers are rapidly embracing smart healthcare technologies such as smart insulin pens, linked inhalers, and asthma monitors, which enable individuals to control their health better. The smart device revolution is drastically altering production and consumer experience, while subscription services, gadget rental, and leases are reshaping the industry's economic model. Manufacturing technology enables a successful pivot of the company model.
Let's see some of the most critical attributes that medical device makers should look for in their ERP systems to accommodate changing business models and requirements:
Advanced ERP toolsets offer serial control from the cradle to the grave – from component level through assembly and delivering completed items – providing firms with comprehensive end-to-end traceability. For example, it enables producers to track the origins of a particular item or an overall product batch throughout the supply chain.
- CAD/CAM-ERP integration
In the medical device business, bills of materials (BOMs) must be exact. However, as many have discovered, parts might become outdated throughout the design manufacture process. CAD/CAM-ERP integration can assist manufacturers in keeping up with the constant design and engineering change orders by providing a bridge among design specifications or how that design is executed on the production floor, offering manufacturers enhanced capacity to incorporate significant variations to BOMs and support their expeditious translation into production work orders.
- Quality management
Medical device makers must decrease risk, monitor in-process quality, and maintain regulatory compliance. FDA rules require surveillance and monitoring of in-use goods. Manufacturers must adopt a Corrective and Preventive Action (CAPA) procedure when a possible problem is detected. Quality management must also be in sync with the quality management practices of suppliers. An automated system guarantees that quality best practices get integrated into operations and that companies can handle the entire range of quality and compliance obligations.
- Enterprise asset management
Enterprise asset management (EAM) may help with preventative maintenance by increasing production and quality while decreasing waste. These skills aid in the planning and scheduling of maintenance work to reduce production downtime. EAM maintains a comprehensive history of the equipment, supplies, work orders, and essential data such as in-service date, location of equipment, warranty expiration date, and preventative maintenance plans based on time intervals and meter readings.