AAOS News: Velocity Joins Forces with SMADE

Velocity, a leading player in Orthopedic Manufacturing & Integrated Services, has joined forces with SMADE smart tracking solutions to provide orthopedic OEMs optimized visibility on asset location and activity.
 
Understanding orthopedic OEMs’ challenges in the medical device industry, Velocity and SMADE’s common goal is to deliver the best possible service to OEMs and help them achieve their business goals while ensuring the highest level of responsiveness through a simplified supply chain.
 
The partnership aims to optimize asset tracking and inventory management for surgical trays by embedding SMADE trackers into Velocity cases and trays. The Velocity and SMADE collaboration aims to improve service and drive efficiency in the supply chain by providing Velocity’s customers with real-time field data, enabling them to make informed decisions and ensure the safety of medical devices.
 
“At Velocity, we’re obsessed with improving our customer experience, and we believe that smart delivery systems are key to achieving this goal. That’s why we’re excited to announce our partnership with SMADE, which will enable us to provide innovative last mile supply chain solutions to our customers to support the scalability of their operations. With our solutions powered by SMADE, we can help OEMs optimize inventory levels, simplify their supply chain, and ensure critical medical supplies and equipment are more efficiently utilized. This collaboration not only enables OEMs to improve service, but also helps them grow faster and with less cost,” said Robert Baker, CEO at Velocity.
 
With Velocity’s solutions powered by SMADE, OEMs make a difference by accelerating their digital transformation and taking advantage of field data to automate many of the manual processes involved in tracking, controlling, and managing medical devices. SMADE user-friendly and advanced data analytics platform, S-HUB, is used to provide the most accurate field data in real-time to enable Velocity’s customers to make more informed decisions and focus on more value-adding tasks.
 
The use of real-time field data will benefit several teams, including quality, sales, logistics, marketing, R&D, OPS, and financial teams. By providing actionable insights that are not human-dependent, Velocity’s customers can contribute to business efficiency while improving their job satisfaction. Smart tracking will also help to allocate assets where needed, anticipate any rise in demand, ensure better service and more effective product launches.
 
“We are thrilled to partner with one of the largest and most ambitious CMOs in the market,” commented David Ryan, CEO of SMADE. “At our core, we are obsessed with improving the customer experience, and this partnership represents a significant step towards that goal. Our asset tracking solution and real-time field data capabilities provide the keys to revolutionizing the way medical devices are delivered, and we’re excited to work together towards this objective. This partnership is proof of our commitment to building a more reliable and sustainable healthcare system, and we’re eager to see the impact we can make together.”
 
Visit Velocity at Booth #4517 at AAOS from March 8 to 10, 2023 in Las Vegas.