The system reorganized and simplified its pharmacy supply chain by co-designing an “integrated procurement and inventory management system,” according to a news release from supply chain technology company Tecsys, which partners with Parkview and is a joint winner of the award.
Before implementing the award-winning strategy, “lack of visibility and control resulted in frequent overordering, excess inventory and returns, potential overpayments to wholesalers and suppliers, and a massive amount of non value-added work for the pharmacy team,” according to a case study Tecsys compiled about the Parkview project.
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