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:
