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Oracle NetSuite Powers Stryker's New Collaboration and Efficient Operation!

With the natural growth of the global population, the aging of the population, the economic growth of developing countries, and the continuous increase in consumer demand in the medical and health industry, the global medical device market will continue to grow. As a leader in the global medical device industry, while seizing opportunities, Stryker needs to face the ever-increasing service demands, constantly improving product quality standards, shrinking profit margins and fierce competition​ from global medical device manufacturers.

Stryker Medical Devices (hereinafter referred to as "Stryker") is headquartered in Klamazoo, Michigan, USA, and has 14 production, R&D and sales divisions around the world. The company's products include joint replacement, trauma, craniomaxillofacial, spinal surgery implants, endoscopy, surgical navigation, medical communications, digital imaging systems and emergency medical bed equipment, integrated operating room support, neurovascular intervention products, etc. Stryker was rated as one of the Fortune 500 companies and one of the top 50 medical companies in the United States by the well-known American "Fortune" magazine and "Business Week". In 2005, it was named the most admired company in the medical industry.

Challenges and opportunities coexist

With the natural growth of the global population, the aging of the population, the economic growth of developing countries, and the continuous increase in consumer demand in the medical and health industry, the global medical device market will continue to grow. As a leader in the global medical device industry, while seizing opportunities, Stryker needs to face the ever-increasing service demands, constantly improving product quality standards, shrinking profit margins and fierce competition from global medical device manufacturers. In this context, Stryker chose to cooperate with Oracle NetSuite & Hitpoint Cloud to escort its own development with informatization.



NetSuite Enhanced Benefits
•Realized dealer business opportunity management: Dealers register business opportunities in the system, avoiding disputes over business opportunity registration;

• Realize dealer order management: dealers register sales information to lower-level dealers and end customers, which provides a convenient statistical tool for subsequent after-sales service and control of end user information;

•Dealer sales management: realizes the basic management of dealer inventory and inventory allocation management, which is convenient for Stryker's production scheduling and inventory planning;

• Dealer invoice application: The dealer invoice application, combined invoicing, split invoicing and other application operations and approval feedback can be interacted through the dealer portal in a timely manner;

•Dealer invoice verification: Through the WeChat invoice scanning and submission tool, it is possible to quickly match the correspondence between the sales orders of the products sold by the dealers and the invoices actually issued by the dealers to the end customers, so as to realize the control of the actual end customers;

Data innovation, upgrade and optimization
The powerful and easy-to-operate NetSuite system can meet the needs of Stryker's operation and management operations to the greatest extent, and help Stryker to make accurate decisions in the future market competition and achieve long-term sustainable development.


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