Thursday, January 29, 2014 | 2:00 PM EST
Each year there is significant waste in the supply chains for Physician Preference Items (PPI), amounting to a staggering $5 billion in annual losses.* This is no longer a problem for healthcare providers alone, but a broader concern impacting the entire industry from point of manufacture to point of use. And the traditional PPI supply chain model is a thing of the past that doesn’t work well for anyone. A lack of action is no longer an option.
A large, prominent IDN, a major medical device vendor and Cardinal Health recently came together to address this unique business challenge. Hear the story of how the implementation of an innovative end-to-end solution drove significant efficiencies and waste reduction, without compromising clinical satisfaction. Powered by an RFID-enabled analytics platform, the solution provided unprecedented visibility and intelligence, reducing par levels on consigned items, virtually eliminating product expirations and reducing the total cost of inventory.
*PNC Healthcare; GHX quantitative research study (August 2011)
After this webinar, you will be able to:
– Identify common issues and problems faced in your healthcare supply chain
– Estimate a ROI to support a RFID investment in your hospital
– Identify alternative, cost effective ways to manage your inventory
– Describe a phased approach toward a large enterprise implementation
– Manage your consigned and bulk inventory proactively
Presenter:
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
