How MedTech Companies Use NetSuite for FDA Compliance, Lot Traceability, and Scale
Order validations for FDA compliance, first expired first out lot handling, and BOM effective dates, plus how NetSuite licensing is structured.
About this episode
Bill-of-materials revisions with effective start and end dates, routing steps that issue components only when a work order reaches them, lot-tracked inventory with first-expired-first-out handling, and outsourced manufacturing where one tooling-charge purchase order generates the work order behind it: that is the level of detail Scott Nelson's live demo works at.
He also pivots an income statement by subsidiary, location, and product class, drills from a revenue total to the invoice behind it, and shows custom financial segments like per-doctor breakdowns.
Around the demo sits the buying context: hospital customer hierarchies, order validations that check licenses, geography, and prescriptions as an order is entered, and a licensing walkthrough covering user license types, industry SKUs (NetSuite has none for MedTech, so Luxent layers its own configuration on top), and implementation typically running about 1.5 times annual licensing. A short Q&A covers multi-country localization and NetSuite's HIPAA compliance bundle.
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