Medical device companies have solved warehouse inventory. ERPs track what’s on the shelf. WMS platforms know what’s been picked, packed, and shipped. The problem starts the moment inventory walks out the door.
Once a kit, implant, or instrument set reaches the field, whether it's consigned at a hospital, sitting in a rep's trunk, loaned for a case, or transferred between reps, most companies lose visibility entirely.
Many have tried to fix these problems. Every previous fix asked field reps to do more work. More forms, more scanning, more logging into systems that weren't built for them. The ground reality is simple: if tracking inventory is harder than not tracking it, it won't get tracked. Instead, make the right thing the easy thing.
The gap
Consignment inventory lives between the manufacturer’s ERP and the hospital’s system — neither side has full visibility. Your ERP shows what was shipped, not what’s been used or what’s expired.
Manufacturers carry an average of 150 days of inventory in the field. For a company with $10M in field inventory, $100K–$400K per year disappears to shrinkage alone.[1]
How it works when it’s solved
The rep emails or texts a photo of the charge sheet — the same thing they’re already doing. AI extracts the products, lot numbers, and quantities. Inventory adjusts automatically. Billing kicks off. Replenishment triggers.
The rep’s workflow didn’t change. But now a single event updates every downstream system instead of starting a 5-person email chain. Consignment becomes a real-time dashboard — usage, replenishment status, and revenue recognition all visible at a glance.