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Medical Equipment Dealer & Service ProviderMedical Equipment ERP

How MedTech Equipment Solutions Increased AMC Renewal Revenue by 42% Across 80 Hospital Clients

Company
MedTech Equipment Solutions
Location
Mumbai, Maharashtra
Size
3 offices, 25 field service engineers, 80+ hospital clients
MedTech Equipment Solutions - Medical Equipment Dealer & Service Provider | GoMeds AI Case Study
88%
AMC Renewal Rate
40% Better
First-Time Fix Rate
97%
Spare Parts Accuracy
INR 35L
Additional Annual Revenue

Executive Summary

MedTech Equipment Solutions, the largest independent medical equipment dealer in Western Maharashtra, transformed service operations using GoMeds AI Medical Equipment ERP. AMC renewal rates increased from 62% to 88%, first-time fix rate improved 40%, spare parts inventory accuracy reached 97%, and the company generated INR 35 lakh in additional annual revenue from timely renewals.

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The Challenge

MedTech Equipment Solutions had built a strong business over 12 years as a dealer and service provider for diagnostic imaging, patient monitoring, and laboratory equipment across Western Maharashtra. Managing 2,500+ installed equipment across 80 hospitals, the company employed 25 field service engineers operating from offices in Mumbai (Andheri), Pune, and Nashik.

The core problem was that service operations were managed through a combination of Excel spreadsheets, WhatsApp groups, and the memory of senior engineers. When a hospital called with an equipment breakdown, the service coordinator would post the complaint in a WhatsApp group. Whichever engineer was available and nearby would respond. There was no systematic job allocation, no tracking of response times, and no visibility into engineer workload or location.

AMC (Annual Maintenance Contract) management was the biggest revenue leak. With 2,500 equipment under various warranty and AMC contracts, tracking renewal dates manually was impossible. The accounts team estimated that 38% of AMC contracts lapsed without renewal -- not because hospitals did not want to renew, but because nobody followed up on time. At an average AMC value of INR 45,000, this represented over INR 40 lakh in annual revenue left on the table.

Spare parts inventory was chaotic. Engineers carried commonly needed parts in their vehicles, but there was no tracking system. Parts purchased for one job ended up used for another. The central spare parts store in Andheri had INR 25 lakh in inventory with no digital catalogue, leading to frequent stockouts of critical parts and excess stock of rarely needed items.

The Solution

GoMeds AI deployed its Medical Equipment ERP across all 3 MedTech offices with modules for service management, AMC tracking, spare parts inventory, and field engineer management.

Service management was centralised into a digital ticketing system. When a hospital reported an issue, a service ticket was created with equipment details, problem description, and priority level. The system automatically recommended the best engineer based on proximity (GPS location), skills (equipment certification), and current workload. Engineers received job assignments on their mobile app with complete equipment history, previous service records, and recommended spare parts.

AMC management was automated with a renewal pipeline. The system maintained a complete database of all 2,500 equipment with warranty expiry, AMC start/end dates, and renewal status. Ninety days before any AMC expiry, the system triggered a renewal workflow -- customer notification, quotation generation, follow-up sequence, and escalation to sales if not renewed within 30 days. The sales team could see a real-time pipeline of upcoming renewals worth INR 2.5 crore annually.

Spare parts inventory was digitised with barcode tracking. Every part in the central store, in engineer vehicles, and at hospital locations was catalogued. When an engineer used a part during a service call, it was logged against the job ticket, automatically deducting from inventory and triggering reorder if below minimum level. Engineers could check part availability across all locations from their mobile app.

Learn more about Medical Equipment ERP

Implementation

Timeline: 8 weeks across 3 offices and 25 field engineers
1

Weeks 1-2: Equipment master data creation -- 2,500 equipment catalogued with serial numbers, hospital locations, warranty/AMC status, and service history. Central office (Andheri) deployment.

2

Weeks 3-4: Service ticketing system activated. Engineer mobile app deployed to all 25 engineers. GPS-based job allocation configured. Pune and Nashik offices connected.

3

Weeks 5-6: AMC renewal automation configured. 90-day renewal pipeline activated. Quotation templates created. Customer notification sequences set up.

4

Weeks 7-8: Spare parts inventory digitisation. Barcode scanning at central store. Engineer vehicle inventory tracked. Reporting dashboards for management deployed.

Results

AMC Renewal Rate
88%

AMC renewal rate increased from 62% to 88% through automated renewal tracking and proactive follow-up sequences. This recovered approximately INR 35 lakh in annual revenue that was previously lost to lapsed contracts.

First-Time Fix Rate
40% Better

First-time fix rate improved by 40% because engineers arrived with the right spare parts (recommended by the system based on equipment history and reported symptoms) and had access to complete service history on their mobile app.

Spare Parts Accuracy
97%

Spare parts inventory accuracy improved to 97% with barcode tracking across central store and engineer vehicles. Stockouts of critical parts reduced by 65%. Dead stock identified and cleared, freeing INR 8 lakh in working capital.

Additional Annual Revenue
INR 35L

INR 35 lakh in additional annual revenue from AMC renewals that were previously lapsing. Plus reduced service costs from improved first-time fix rates and optimised engineer routing.

We were managing INR 2.5 crore worth of AMC contracts on an Excel sheet that nobody updated. Engineers were allocated jobs via WhatsApp group where whoever replied first got the call, regardless of whether they were the right person or had the right parts. GoMeds gave us a proper service management system. The AMC renewal automation alone generated INR 35 lakh in revenue that we were simply forgetting to collect. My engineers now arrive prepared because the system tells them exactly what equipment, what history, and what parts to carry.
SM
Suresh Mehta
Managing Director, MedTech Equipment Solutions

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