We manufacture and distribute a class II (IIb for CE) medical device. I'm curious to know what best practice or industry standards exist for inventory management when it comes to medical devices. I have not found much in the standards.
We try to track where devices are shipped to in case of issues such as a recall. Our invoices also track to device serial numbers. However, sometime there is a break down. We also sometimes have a miscount of inventory. Our records system will say there are 100 devices in stock when in actuality there are 83, or something along those lines. We do use a bit of a clumsy chain of software packages and in-house software to manage everything. We'd like to improve on this, but it's not in the budget at the moment.
What kind of inventory accuracy is generally needed? What's deemed acceptable. I assume there's always going to be some inventory inconsistencies, but not sure what best practices would be.
We try to track where devices are shipped to in case of issues such as a recall. Our invoices also track to device serial numbers. However, sometime there is a break down. We also sometimes have a miscount of inventory. Our records system will say there are 100 devices in stock when in actuality there are 83, or something along those lines. We do use a bit of a clumsy chain of software packages and in-house software to manage everything. We'd like to improve on this, but it's not in the budget at the moment.
What kind of inventory accuracy is generally needed? What's deemed acceptable. I assume there's always going to be some inventory inconsistencies, but not sure what best practices would be.