How we help Medical Devices Manufacturers?
Improve your Productivity with ACTouch, a Medical Devices Software / Medical Device ERP Software
Medical Devices Software or Medical Device Manufacturing ERP Software for Medical Equipments Manufacturers should have a lot of features to address the segment as the products and its manufacturing process is very wide. ACTouch is a comprehensive ERP for Medical Devices Manufacturers and helps them to control Invoicing, Purchasing, Finished Goods Costing, Production, Planning and Invoicing, Tracking of Materials and machines, its testing status, assembly etc. It also helps to manage the Finances and Taxes. Cloud ERP generally has substantially lower upfront costs, because the month leases computing tools instead of purchased and maintained in your premises. Cloud ERP gives companies access with their business-critical Medical Device Software.
Medical device Manufacturing ERP for Medical Devices Manufacturers.
Medical Instruments and its supporting Companies.
Problems Faced by Medical Equipment Manufacturers and why their profit margins is low?
As common to many industries, the Medical Equipment Manufacturers also face many problems. But the major of these issues are
- Finished Goods cost can be reduced by 10% by controlling the wastage and scraps? Many do not know this. So they loose the market with wrong Finished goods cost that they decided at the beginning of work.
- Raw Materials or components tracking and traceability from Finished Goods serial no. How to track these details?
- Variation of Price for the Raw materials as it depends on Foreign Currency and exchange Rates. So the RM price is volatile. How to manage the Multi Currency Exchange gain or loss?
- Unpredictability of availability of Raw Materials as many are imported.
- Same RM could be supplied by multiple vendors. So how you track them with Batches or Serial Numbers to finished goods level?
- Manage Activity based costing to know and control the FG Costs.
- How to manage Subcontracting operations, reduce the costs of manufacturing.
- Manage and control Jobwork and its costs.
- Manage the Demands and supplies of the Materials. How to manage Forecasting and confirmed Sales Orders?
- Medical device regulations and other regulatory requirements are stringent.
- Regulatory compliance are high as this device is used for medical purposes with a focus on patient safety
- A Medical Device Software should follow, applicable regulation and a real time data visibility.
- A strong quality management process to be followed with an ability to access the software architecture on mobile devices to make a decision.
In summary Medical Equipment Manufacturing companies need a robust ERP that handles all the above scenarios with one Centralised robust Solution, with an ability to manage the business process and workflows. It should help with tracking of RM, Semi Finished Goods with its Costing, track wastage and scraps etc.
Medical devices with its specially designed medical software can help to identify breast cancer, blood glucose levels with an ability to image post-processing. Its used mainly for diagnostic purposes and therapeutic purposes only.
All the above can be handled in ACTouch, a Medical Equipments ERP Software.
Are you ready to change like some of these customers?
We solved their problems of
- Import and Export Business with accurate castings, Invoicing, Purchase etc
- Capture customer details and their delivery schedule
- Resources, People and their Productivity improvements
- 100% accurate Subcontracting Operations – Helped our customers to track all components that’s sent to Subcontractor location.
- Medical Devices Batch and Serial no tracking
- Managed Product level Batches to track which Vendor supplied these components against which document etc. as the same part numbers are supplied by multiple vendors.
- Test results and tracking of Quality results
- Tracking of Materials between 5 to 10 levels of Sub Assemblies.
- 100% accurate costing with Man power utilisation and subcontractor costing
- Landing Cost – Multi currency with Landing costs.
Check Sample Reports to understand How ACTouch, Medical Devices Software System, benefits you?
Your Data is 100% Safe and Secure on our Medical Device ERP Software.
Click here to Fix a meeting for a free ERP DEMO and understand more about the Medical Devices Software
Best Medical Devices Manufacturers ERP Software in India
Simplify your Work, Improve Process and Reduce Cost with ACTouch, a Medical Equipments ERP / Healthcare ERP Software
Manage the following with ease
- Manage and accounts location of the components on the Machines assemblies. A medical Equipments ERP helps with multi-level BOMs
- Manage the rejections, scrap with reasons during testing. Define test cases.
- Identify the costs of manufacturing including Subcontractors
- 100% efficient and easy way to track the materials at Subcontractors location.
Medical Devices Software / Healthcare ERP helps Multi Bill of Materials (BOM)?
Many production managers ask questions like
- What is BOM configuration for Chip designs? Each design has 5000 components.
- How to create a Bill of Materials (BOM)?
- How to Build a BOM?
We are trying to address all these questions here with an explanation and what BOM really contains?
Multi Layer Bill of Materials (BOM) with 5000 components
Bill of Materials (BOM) is modified at the time of transactions and ensure that no one changes it. For the same item, you can have multiple BOMs and manage the productions. So you can define,
- Multiple layers of BOM with each layers with 2000+ materials.
- Define Labor, Burden and other costs
- Get the products estimated costs.
- Control the items that goes into Finished Goods
Advantage of ACTouch.com BOM is, you can find the exact product cost with cost deduction from By-products too.
What is my Finished Goods Cost? How to get my Cost details Automatically?
FG Costing is an important parameter for the production persons as management is focussed on to reduce the costs. Typical FG cost will contain, RM Costs, Production labor costs, Machine cost sets.
Activity Based Costing for Finished Goods (ABC)
It is sad that many Customers doesn’t know their accurate cost of Finished Goods. Because of this they don’t know at what rate to sell the products. Traditionally, ACTouch.com follows the Activity Based Costing (ABC) approach and it helps to arrive at the minute cost details added to Finished Goods.
Work Order Dashboard for Medical Devices Software
Many Business owners frequently ask these questions to their Production Manager.
- What is the status of my Production Delivery? Where we are and when we can meet customer demand?
- What is Work Order and how to speed up delivery?
- How long does this work order takes to complete the work?
Work Order and its process
ACTouch.com handles Work Orders with ONE Page activity. You can do
- Request for Materials transfer to Production Unit. (Material Request form)
- Semi or Finished Goods reporting.
- Send the Raw / Semi Finished materials for Subcontracting
- Receive the Finished Components from Subcontractor
From ONE page, you can manage the complete Work Order Operations. Now your Boss can see the details at one place.
Daily / Weekly Production Plan
One of the main problem for Medical Devices Manufacturing companies, we are addressing is, you can plan for the multiple Semi or Finished Goods at a time and collect all the RM for them at one go from Stores. A powerful tool for the production manager.
Daily / Weekly Production Plan
ACTouch.com handles Daily / Weekly Production plan that helps
- Prepare the Production Plan for a week or month for 10 to 100 Finished Goods.
- Helps to process and generate ONE STOCK list to be collected from Stores
- If any Materials Shortages, please raise the Purchase Indents.
Powerful tool for Production Managers.
How Planning works for Manufacturers with 5000+ items?
Material Requirements Planning or MRP is a powerful tool that helps you to manage your business with Demand and Supply. Click here to read more.
MRP is a powerful tool.
MRP helps to check the demand (Sales, Forecasting etc) and checks the available stocks. Based on this it plans for the shortage of materials based on the timelines. The output of this is, it helps to generate planned orders for Production and Purchase Indents.
- Selective MRP
- Regenerative MRP
Choice is yours.
Sales Order Processing
Many managers ask questions like
- What is Sales order and its process?
- What is the difference between Sales Order and Invoice?
- How to do an Export Invoice and collect money?
We are trying to address all these questions here with an explanation.
Sales Order Processing
ACTouch.com has the following modules that helps and streamlines your business
- Sales Quotation – Helps to send Quotes
- Sales Order – Inventory, Services, Multi Currencies.
- Convert SO to Invoice or generate Export Invoice
- Handle effective Sales Returns
Purchase Order Processing
Many managers ask questions like
- What is Purchase order and how it helps?
- What is the difference between Purchase Orders and Goods Receipts?
- How to do an Import Goods receipts?
We are trying to address all these questions here with an explanation.
Purchase Order processing
With ACTouhc.com, you can create the following documents
- Purchase order for Inventory or Import
- Receive the materials and it updates Inventory
- Purchase Returns and its helps to manage Inventory
Its a powerful tool for Purchase Managers
Subcontracting Process
Many managers ask questions like
- What is Subcontracting Process?
- What are the steps to follow in Subcontracting?
- How to add the subcontracting cost to Product costs?
We are trying to address all these questions here with an explanation.
Subcontracting Process
ACTouch.com has the following modules that helps and streamlines your business
- Raise the Outward DC and send the RMs to Contract vendors
- Receive the Finished or Semi finished goods against the Delivery challans
- Add the Subcontracting production cost to FG.
Master Data Processing
We try to address the details like
- How to create Product master, Customer, Supplier, Multi Currency etc?
- How to upload these master data when the records are many?
- How to upload BOM, Finished Goods details?
Master Data Preparation and Upload
ACTouch.com has the following modules that helps and streamlines your business
- You can create the master data like Products, Supplier etc
- You can upload the master data and we have provided EXCEL Formats.
- Product master can have Units of Base, Alternate or Multi Units of Measurement.
Manufacturing ERP Software | Medical Devices ERP Software for SMBs
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Find out why 5000+ Business owners love ACTouch.com, a Medical Devices ERP Software?
OEM Manufacturer
“ACTouch.com helped us to save 50% of our efforts in managing Inventory, sending and receiving etc. Because of this, now we started our second company due to these time savings. I am happy that I did the right choice”
Manjunath Naik. Director, IM SafteySolutions.
Trader and Distributor
“This is the best team and the Software support I’ve received. They always helps us quickly, in a very professional and easy to understand way. Today our three businesses are using ACTouch.com”
Mukund B.S. CEO, ReNewIT, Bangalore
Calibration Vendor
“ACTouch Team developed our Calibration process on Cloud with the necessary customisation. They helped us to move into Digitisation of our manual process. For this digitisation, we received award from GE Healthcare”.
Vijay Kumar, Director, TransCal Bangalore
ACT NOW to streamline your Manufacturing process to increase Productivity and Efficiency
Production Management
Monitor Work Orders and Jobwork Orders throughout the lifecycle of Production including managing Work Center, Routing, Production Reporting etc
Materials Movement
Have a control on the materials, information, and finances as they move in a process from Purchase to Sales.
Planning (MRP)
Run MRP to know the materials that's required based on Demand and ensure that these are available Just in Time.
Inventory Management
Manage and Track the Raw Materials, Semi finished and Finished goods at different locations within a facility or within many locations of Sub contractors too
Procurement
Track materials demands from Purchase Indents to Materials receipt from vendors, so that production demands and timelines are met
Manage Subcontractors
Manage your multiple Subcontract vendors and materials issued and received from them. So track the materials and end to end cost, Payment etc.
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How ACTouch Cloud ERP Software can help other Industries? Please read below
- Automobile Industry, Tractors and Farm Equipment Manufacturers
- Manufacturing ERP for Plastic Products Manufacturers
- Chemical and Process Industry Manufacturers
- Manufacturing ERP for Electronics Manufacturers
- Manufacturing ERP for Farm Equipment and Automotive Manufacturers
- Manufacturing ERP for Industrial Products
- Manufacturing ERP for Medical Devices Manufacturers
- Manufacturing ERP for Forging and Metal Fabrication Software
- Manufacturing ERP for Import Export Business
- Manufacturing ERP Jobwork and Subcontracting Operations