Accelerating Medical Device Innovation at Nextern with Celoxis
Empowering medical device manufacturing: improving resource management and forecasting with Celoxis.
- Industry
- Medical Devices
- Location
- United States (Headquarters)
About Nextern
A contract medical device manufacturer sharpening resource forecasting
Nextern is a U.S.-based company specializing in contract engineering and manufacturing of medical devices. They offer end-to-end services, from concept development to the delivery of finished products, managing global operations across engineering, prototyping, verification, validation testing, and manufacturing.
Challenge to solution
Four resourcing pressures, and what Celoxis changed
Nextern faced several challenges in managing resources and forecasting labor revenue effectively.
Before
Inefficient Resource Planning
Prior to Celoxis, predicting capacity for future projects lacked accuracy, leading to resource allocation issues.
After with Celoxis
Improved Resource Utilization
Nextern saw a 20% improvement in resource utilization after implementing Celoxis.
Before
Revenue Forecasting
Nextern struggled to forecast labor revenue based on project demand, complicating financial planning.
After with Celoxis
Accurate Revenue Forecasting
Celoxis let Nextern forecast labor revenue based on real project demand for a clearer financial outlook.
Before
Coordination of Global Teams
Managing teams across geographies and time zones was difficult, leading to communication inefficiencies.
After with Celoxis
Custom Dashboards
Tailored dashboards gave real-time insight into progress, resource allocation and revenue forecasting.
Before
Resource Availability
Ensuring personnel availability across multiple projects was a challenge, impacting timely completion.
After with Celoxis
Scenario Planning
Celoxis enabled "what-if" scenarios to evaluate projects based on resource availability and revenue impact.
Before Celoxis
The struggle with Smartsheet
Before adopting Celoxis, Nextern used Smartsheet for project management, but the tool lacked the depth required for resource management.
What was breaking
- Limited Resource Planning Nextern couldn't accurately manage resource availability and allocation using Smartsheet.
- Manual Bill Rate Tracking Tracking bill rates by hand was time-consuming and error-prone, affecting cost visibility.
- Project Management Inflexibility Moving tasks around in Smartsheet was cumbersome, leading to inefficiencies.
- Slow Reports, Delayed Insights Manual data processing and report generation limited real-time insight and delayed decisions.
Celoxis gives us the information we need to effectively plan and manage our portfolio of projects. The real-time insights into resource utilization and revenue forecasting have made our decision-making quicker and more accurate.
PC CampbellDirector of Program ManagementNexternResults and business impact
Sharper forecasting, custom dashboards, confident planning
Nextern adopted Celoxis to improve resource management and labor revenue forecasting.
Improved Resource Utilization
Nextern saw a 20% improvement in resource utilization after implementing Celoxis.
Accurate Revenue Forecasting
Forecasting labor revenue on real project demand gave a clearer financial outlook.
Custom Dashboards
Tailored dashboards gave real-time insight into progress, resources and revenue.
The outcome
Celoxis gave Nextern the resource and revenue visibility to plan every project with confidence, replacing guesswork with real project data.
- 20% improvement in resource utilization
- Real-time revenue forecasting
- Built-in what-if scenario planning
- ★★★★★4.6/5 on G2
- Cloud or on-premise
Discover Celoxis
Let us demonstrate why Celoxis is the ideal PPM Solution for you.
- 14-day free trial
- No credit card required
- Import your existing plans