InBios International
InBios International Streamlines Compliance and Improves Inventory Management with Acumatica
In early 2019, NexTec Group took InBios International live on Acumatica, empowering the company with the tools and technology it needs to grow and scale.
About InBios International
InBios International has been on the forefront of infectious disease diagnostic research since 1998. The company was one of the first to market with a Zika diagnostic test and recently developed two COVID-19 tests that have received emergency use authorization from the FDA.
Industry
Medical Device Manufacturing
Location
Seattle, WA
System Selected
Acumatica
Key Results
Having a comprehensive Cloud ERP in place when the pandemic hit helped the company respond rapidly
Accurate forecasting supports just-in-time ordering and delivers costs savings
Streamlined compliance reporting is possible with rigorous lot traceability
With one system of record for the entire operation, the company is confident in its ability to continue to grow efficiently
Main Functionalities
Here’s how NexTec Group and Acumatica helped solve InBios’ challenges.
The company has multiple kit items, which are assembled to order and many of the kits share some of the same components. “It had become nearly impossible to determine if we had enough components to fulfill our orders,” says Bryan Deszell, Manufacturing Manager for
InBios. “Sometimes we’d have five people counting what was on the shelves and matching them to orders to see if we had enough. Now we have that information available in real time.”
With Acumatica, the company has seen a huge improvement in inventory control throughout the supply chain. “We’re able to connect purchase orders to production orders through to sales orders,” explains Deszell. “We trust our numbers. That’s something we didn’t have before.”
Acumatica is not just saving InBios time, but is helping the company increase accuracy and traceability. “We can now track lot numbers within the system with forward and backward traceability,” says Deszell. “Before, lot tracking involved too much time, too much paper and lots of manual tasks.”
Forecasting demand is now simpler and more accurate with Acumatica. “Previously we did hand counts frequently to determine exactly what we had on hand and what we needed to order,” says Deszell. “Now, the software can analyze prior years’ sales to help us identify seasonal trends for our products. We use that information to place purchase orders at just the right time.”
The raw materials used in the company’s kits can be very expensive, so being able to order optimal quantities at the ideal time saves money in carrying costs. “We’re now better able to meet demand, with much less time spent — and much less stress,” adds Deszell.
Prior to implementing Acumatica, compliance reporting used to take the InBios team days to put together. “Now, Acumatica stores all the relevant data. We’ve built custom queries in the software that produce the reports we need instantly. This type of efficiency is part of what we needed to scale the business.”