Premiere Resource, the ISO Certified Division of Smart Source LLC, Demonstrates Documented Savings for Leading Medical Device Manufacturer

Premiere Resource implements plan to reduce obsolescence and customer spend by more than 30% for leading producer of heart valves and hemodynamic monitoring

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Smart Source LLC

Apr 11, 2017, 13:32 ET

MISSION VIEJO, Calif., April 11, 2017 /PRNewswire/ -- Premiere Resource, the ISO Certified division of Smart Source LLC, is an end-to-end service provider for the entire print, production and fulfillment process for the regulated industry. For this case, Premiere Resource streamlined the manufacturing process by managing inventory usage, projected demand and inventory valuation – from start to finish. The Premiere Resource team worked hand-in-hand with the medical device manufacturer in executing a no cost diagnostic to implement a customized Vendor Managed Inventory solution. They achieved the following results:

Reduced Excess and Obsolescence by 75%
Reduced Customer Spend for Active Usage Parts by more than 30%
Full Transparency in Inventory Control
Documented Savings

"With this particular customer, we were faced with the challenge of reducing part numbers to control active usage, eliminating excess and obsolescence and reducing overall customer spend," explains Joel Mester, President of Premiere Resource. "This is our specialty. We tailor our solutions to meet the very specific needs of each client – and can enter into the project during any phase of the lifecycle, to garner measurable results. To ensure best possible outcomes, we performed a full diagnostic of all parts and processes."

With category expertise in supplying ISO compliant print components to medical device manufacturing, Premiere Resource is hands-on through the entire production process. Premiere Resource manages the materials for the lifecycle of the project and develops custom solutions to meet the evolving needs of clients, while staying ahead of the ongoing changes in government regulated industries. Premiere Resource offers a full suite of services including compliance labels, IFUs, folding cartons and flexible packaging. VMI (Vendor Managed Inventory), consignment and other inventory management solutions are also provided along with warehousing and distribution. For more information visit www.premiere-resource.com

About Premiere Resource
Located in Mission Viejo, CA, with manufacturing and distribution centers on both the east and west coast, Premiere Resource has over 30 years of experience in regulated print and production services. Premiere Resource has a solid reputation for superior process management and quality control. The company is ISO 13485-2003 and ISO 9001-2008 certified.

SOURCE Smart Source LLC