Markets Hospital Consignment Stock Providers
Signetor’s 3rd party consignment management service provides the assurance required by external auditors, internal finance teams and operations teams whilst freeing sales teams to focus on high value sales activities.
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Consignment Validation & Data Accuracy
Independent third-party validation provides a full listing of all supplier product on site with variances compared to consignment profiles, listing lot & serial numbers and expiry dates. This identifies any discrepancies over supplier records including lot & expiry information to where product volumes have been adjusted by field staff but the change has not been reflected in consignment profile records. Accurate records strengthen customer relationships, improve financial governance, and significantly reduce stress during external audits.
Expired Stock Removal & Returns
Systematic identification and removal of expired stock maintaining regulatory compliance, patient safety, and ensuring consignment stock remains commercially viable and available when required.
“Use First” Labelling & Stock Rotation
Clear identification of near-expiry products enforces an “oldest-first” rotation, accelerating utilisation and materially reducing avoidable waste and replacement costs.
Forward-Looking Expiry Risk Visibility
Six-month expiry forecasting provides early warning of commercial risk in each account, enabling stock rebalancing, and controlled mitigation rather than reactive write-offs.
Improved Stock Presentation
Small, high-volume items (e.g. screws) are organised, grouped, and banded by size, reducing picking errors, saving clinical time, and delivering a high-quality customer experience.
Earlier Order Placement & Reduced “Emergencies”
Proactive consignment management ensures optimal product availability, reduces difficult-to-fulfil and last-minute emergency orders, and brings forward customer orders and revenue.
Sales Force Productivity Gains
Removing inventory administration from sales teams frees capacity for higher-value activity, increasing time with consultants, strengthening relationships and driving revenue growth.
Client Focus Brochure Hospitals
Report Examples (click to enlarge)
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Solutions
Case Studies
Ernest J. George & Company
NHS Hospitals
Service Offerings
HARDWARE & REPORTING ONLY
Hardware Application Included
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Remote Training & Support
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Client Provides Staff
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Reports as Required
£
HARDWARE, REPORTING & TRAINER
Hardware Application Included
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Trainer Provided
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Client Provides Staff
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Reports as Required
££
FULLY MANAGED STOCKTAKE
Hardware Application Included
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Project Manager Provided
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Staff Provided
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Reports as Required