Terso Solutions: Life Sciences Inventory Management with RFID-Intelligence
Joe Pleshek, CEO & President
Inventory Management is pivotal for a business’ progress, and for the life science and healthcare sectors, it’s no different. While the idea of running out-of-stock of critical inventory in any hospital or laboratory is a nightmare, buying extra inventory to have on hand is yet another complication for these institutions. This leads to additional inventory costs, product integrity issues, and piled-up stock, all daunting repercussions. “To date, the industry has been tackling these issues using mostly manual labor and processes, which are non-value added activities and take time away from focusing on critical tasks such as research and patient engagement,” adds Joe Pleshek, CEO and President of Terso Solutions. A wholly-owned subsidiary of Promega Corporation, Terso Solutions leads the way in developing automated inventory solutions for hospitals, and life science organizations using RAIN (UHF) RFID technology.
Terso’s solutions track high-value inventories—reagents, chemicals, tissue, implantable devices, orthopedic supplies, and medical devices - throughout the supply chain, from point of manufacture to managing the products until final use. Terso’s portfolio is comprised of a breadth of RFID-enabled solutions, from enclosures and mobile devices to smart stockrooms and kiosks. These solutions provide temperature-controlled, real-time visibility of all stored inventory. For instance, a hospital or a laboratory can effortlessly track the condition of its stock and monitor when a product is taken out of or added to an RFID enclosure or room. Emphasizing on mobility, automated billing, and product waste reduction, Terso introduced the RFID Smart Stockroom.
Terso focuses on the goals of their partners while deriving a methodology to deliver unique solutions
The RFID Stockroom allows scientists, researchers, and faculty to access products anytime without manual sign in or out. When products are utilized, all transaction data is captured in real-time, creating a seamless process for users and an automated, secure way of billing back grants and specialized departmental funding.
Terso focuses on the goals of their partners while deriving a methodology to deliver unique solutions, making RFID deployment simple with scalable outcomes. Terso utilizes a multiple phase approach to determine the best solution for each customer. This process begins with a discovery phase to pinpoint the exact challenges faced by the customer and the appropriate solution possibilities, ultimately leading to a fully developed solution that can be easily deployed and scaled over time. From product development to installation and post-installment support, Terso assists a client throughout the entire partnership.
Straumann USA, a leading provider of solutions in implant dentistry and dental tissue regeneration, and a Terso partner, was looking for an efficient and economical automated inventory management system. They were searching for a way to eliminate traditional methods and manual labor, decrease costs, and lift administrative burdens. Straumann is now utilizing Terso’s RFID-enabled ambient cabinets for storing high-value items, imparting real-time visibility, and ensuring product integrity, ultimately providing the best possible customer experience. To date, Straumann has implemented the RFID-enabled inventory solution at 31 locations with a 99.6-99.9 percent RFID tag readability rate.
At the very foundation of Terso’s offerings is innovation. Anchoring on highly configurable RFID solutions, the company continues to expand its product portfolio with innovations like the RFID-enabled tray and RFID-enabled handheld device. The constant drive to innovate stems from the fun and hard-working culture that Pleshek believes in. Terso is committed to growing its team of highly driven, smart, and talented individuals. The company puts a strong emphasis on taking an ethical, yet sometimes uncommon, approach to developing relationships with customers and employees and encourages employees to think outside of the box. An environment that encourages fun, professional growth, and a work-life balance has resulted in stellar growth for Terso Solutions in both the U.S. and EU markets, as well as the achievement of many industry accolades.