Navigation Links
Systagenix begins pilot with ToolsGroup to optimise inventory levels

LONDON, Nov. 27, 2012 /PRNewswire/ -- Systagenix, a global supplier of advanced wound care products for the health care industry, has started a six-month pilot with supply chain planning software company ToolsGroup. Using ToolsGroup's SO99+ software, Systagenix aims to maintain its very high service levels whilst optimising its global inventory footprint.

(Logo: )

One of the greatest challenges in the health care industry is striking the right balance between service levels and costs. Systagenix chose ToolsGroup for its excellent track record in helping suppliers to the global health care industry like Smiths Medical and Cipla Medpro streamline their inventory costs while maintaining industry-leading service levels. 

According to Alastair Mitchell, Supply Chain General Manager, Systagenix "When supplying products to health care providers, satisfying customer demand must always be the highest priority. However, in order to offer the best value to customers, inventory costs and obsolescence have to be kept to a minimum.  One of the greatest opportunities to achieve efficiency improvements without compromising service levels lies in smarter inventory management." 

During the pilot, ToolsGroup will analyse Systagenix's current data and calculate new safety stock levels for a sample group of items. ToolsGroup UK will host the application in the pilot phase and make it available to Systagenix via secure web access with initial results expected in approximately eight weeks. Following a successful pilot phase, Systagenix intends to roll the ToolsGroup S099+ application out to all its product groups, market sectors and locations.

Martin Woodward, managing director of ToolsGroup UK commented, "Optimising inventory for health care products is particularly complicated because each has a unique shelf-life and may be subject to specific regulatory compliance. We look forward to applying the expertise gained in overcoming this particular challenge for several other international health care manufacturers to benefit Systagenix."

About Systagenix
Established in 2008, Systagenix is 100% dedicated to wound care, developing and marketing advanced diagnostic and therapeutic wound care solutions globally. Its leading edge product portfolio includes SILVERCEL® NON-ADHERENT, ACTISORB®, INADINE®, PROMOGRAN®, PROMOGRAN PRISMA®, ADAPTIC TOUCH® and TIELLE®. The recently launched WOUNDCHEK™ Protease Status is the world's first point of care wound diagnostic tool and the entry point to the company's Let's Heal® approach to wound care.

About ToolsGroup
ToolsGroup ( is a global provider of Powerfully Simple supply chain planning software. Powerful behind-the-screen engines enable highly intelligent data-driven decision making. Reliable and scalable statistical models are continuously and automatically tuned to automate and simplify the planning and control process. Our customers overcome volatile supply chains to generate accurate forecasts and outstanding customer-service levels with less global inventory.  ToolsGroup's solutions span key supply chain planning areas such as Demand Planning, S&OP, Demand Sensing, Promotion Forecasting and Multi-Echelon Inventory Optimization.

SOURCE ToolsGroup
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. AspenBio Pharma Begins Training Hospital Sites for Pivotal Clinical Trial
2. Immunomic Therapeutics Begins Phase I Japanese Red Cedar JRC-LAMP-Vax Vaccine Safety Study
3. SafeCode Drug Technologies Corp. Begins Trading on the Over-the-Counter Bulletin Board
4. Life Technologies Begins Shipping Ion Proton System
5. Phase 3 Clinical Trial Begins in Early Form of Dementia
6. Medical Alarm Concepts Begins Shipments To Europe - Company Ordering Additional Inventory To Keep Up With Growing Demand
7. Countdown Begins For AdvaMed 2012: The Medtech Conference
8. Siteman Cancer Center at Barnes-Jewish and Washington University Begins Imaging with First ViewRay System
9. Insmed Incorporated Begins Screening Patients For TARGET-NTM U.S. Clinical Trial Of ARIKACE® In Patients With Non-tuberculous Mycobacterial Lung Disease
10. Medical Alarm Begins Revenue Recognition from Largest Set of Orders -- Releases New Television Commercial
11. SuccessEHS "Forward Together" Customer Conference Begins
Post Your Comments:
(Date:6/24/2016)... , June 24, 2016 VolitionRx ... of Dr. Edward Futcher to the ... effective June 23, 2016.Dr. Futcher was also appointed ... Governance Committees.  As a non-executive member of the ... and strategic counsel to VolitionRx in connection with ...
(Date:6/23/2016)... , June 23, 2016 Any dentist who ... challenges of the current process. Many of them do not ... the technical difficulties and high laboratory costs involved. And those ... offer it at such a high cost that the majority ... Dr. Parsa Zadeh , founder of Dental ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Global MEMS Devices Medical Market Analysis 2016 - Forecast to ... The report contains up to date financial ... reliable analysis. Assessment of major trends with potential impact on ... dive analysis of market segmentation which comprises of sub markets, ...
Breaking Medicine Technology:
(Date:6/26/2016)... Viejo, California (PRWEB) , ... June 26, 2016 , ... ... Final Cut Pro X. , "Film editors can give their videos a whole new ... said Christina Austin - CEO of Pixel Film Studios. , ProSlice Levels contains ...
(Date:6/25/2016)... ... 2016 , ... Austin residents seeking Mohs surgery services, can now turn to ... Dr. Russell Peckham for medical and surgical dermatology. , Dr. Dorsey brings specialization to ... fellowship in Mohs Micrographic Surgery completed by Dr. Dorsey was under the direction of ...
(Date:6/25/2016)... City, Oklahoma (PRWEB) , ... June 25, 2016 ... ... helping both athletes and non-athletes recover from injury. Recently, he has implemented orthobiologic ... the Oklahoma City area —Johnson is one of the first doctors to perform ...
(Date:6/24/2016)... ... June 24, 2016 , ... June 19, 2016 is World ... with chronic pain and the benefits of holistic treatments, Serenity Recovery Center ... with Sickle Cell Disease. , Sickle Cell Disease (SCD) is a disorder of the ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA ... the Road To Recovery® program to drive cancer patients to and from their cancer ... ensure the highest quality of life and ongoing independence. Getting to and from ...
Breaking Medicine News(10 mins):