Some of the biggest challenges in the industry today result from the common trend of remote teams working from home, in different time zones. Supply chain issues, resource constraints and travel, lack of real time information and the deployment of complex projects using many tools and systems can also be hard to manage. Hence, MyLM can manage end-to-end inventory management for all medical devices, including:
- Stock traceability management
- Product return management
- Stock ownership management
- Digital charge sheets
- Stock order management.
MyLM creates a streamlined approach to inventory management for hospitals, removing the aspect of human error in record keeping and paperwork, most of which has been traditionally kept up-to-date by hand. Costing hospitals very little to implement, MyLM works much like a supermarket scanner, reading a barcode attached to each device (tags are supplied to hospitals by MyLM).
For manufacturers, MyLM creates a more efficient process, allowing them to see how each device is used by hospitals, where supply chain costs can be reduced and how to ensure inventory waste is minimised.
The next ‘stage’ of the journey – as the MyLM branded app enters new industries will be rebranded as “Pentalym”. Matt and his team are bringing supply chain technology to all new sectors.