| Company Name: | ApniCure |
| Industry: | Medical Device Manufacturer |
| Location: | Redwood City, CA |
| # Locations: | 1 |
| Website: | apnicure.com |
| Software Systems: | QuickBooks and MISys Manufacturing |
Challenge: ApniCure is a private Redwood City, California-based medical device company focused on developing and commercializing novel home-use devices for the treatment of obstructive sleep apnea (OSA) and other sleep-related disorders.
For years, ApniCure relied on Excel spreadsheets that required manual inventory updates. Multiple employees were responsible for updating the spreadsheets, which could only be used by one person at a time. The spreadsheets held a lot of data, but did not offer easily-accessible information. With a production line that relies on accurate reporting of inventory for smooth and consistent operation, ApniCure needed to know what they had on hand and when it was time to replenish inventory. Their Excel spreadsheets could not generate simple reports, so production was often stalled due to lack of inventory.
Solution: After researching a number of systems for a solution that was simple and affordable, ApniCure chose MISys Manufacturing. According to ApniCure’s Director of Supply Chain, Dan Neumann, “The cost investment in MISys is reasonable because you can purchase only the modules you need. We were, at one point, looking at systems four times the cost and much harder to implement and didn’t know if we would realize all the benefits of the more complicated system. MISys was a good interim step.”
ApniCure downloaded the demo product and began a testing and evaluation process. They determined that MISys would meet their needs for inventory reporting and would also work well with QuickBooks, which they had historically relied on for financial accounting. They found that MISys could be scaled to their level of commercialization without altering the QuickBooks general ledger system.
Results:
- Better reporting offers visibility into inventory, enabling ApniCure to take control over spending and material planning.
- MISys facilitates business growth by lowering inventory management costs.
- Clearer financial reports simplify financial planning.