Asset audit scheduling system for a global medical device firm
- Location
- Tennessee, USA
- Year
- 2020
- Engagement
- Profitability Improvement: Training & Recruiting
A top orthopedics medical device manufacturer held inventory as consignment in hospitals across the country. Changes to financial reporting requirements resulted in the need for comprehensive auditing of consignment stock.
Our team developed and led a nationwide audit program for financial and functional inspection. We implemented a suite of planning tools and reports with comprehensive end-to-end process. We conducted leadership coaching to program manager and all other stakeholders to ensure sufficient management rigor.
Measurable impact
2M
Developed and facilitated a complete audit of 2,000,000 medical devices in approx. 2000 locations across 50 states in 9 months
Medical Devices
Measurable impact
$2B
Audit covered USD $2b of consignment inventory with 35 team members
Medical Devices
Case snapshot
Program designed to be continued by client on a recurring 2-year cycle
Medical Devices