Digital transformation enables businesses the opportunity to reshape their services with the latest tech tools and solutions. And, the healthcare industry like any other is no exception. It comes as no surprise that the use of technology in hospitals, from Electronic Health Records (EHRs) to telehealth, is at an all-time high.
While all the aspects of business are improving for the industry, even the healthcare supply chain management software (SCMS) has become more complex and digitally inclined. They enable hospitals to gain the visibility to coordinate and integrate processes that manage & oversee the flow of finances, data, and goods as a product or service – right from its production to consumption point.
This helps enhance data-driven decision-making by streamlining medical supply distribution, inventory supervision & managing cost control. It helps improve collaboration and effectively engage with stakeholders to better financial and care outcomes.
Through this blog, we’ll cover the essentials of supply chain management software – what is it, how it helps, core benefits & most importantly why it is a worthwhile investment to offer more patient-centric care.
Let’s dive right in!
Here’s What We’ll Cover;
A dedicated software tool, it helps execute supply chain transactions, manage supplier relationships & monitor associated business processes. It helps reduce numerous errors and unnecessary costs spent to fix them.
The most common types include;
Research suggests that medical facilities of today spend approximately one-third of their operating expenses on healthcare supply chain management. However, the disconnect between the needs of patients, physicians & supply chain management causes tremendous efficiency. Therefore, healthcare supply chain leaders with a dedicated solution have an incredible opportunity to drive transformation by better aligning supply chain operations and spending to care delivery models. It would lower operating costs, offer visibility into costs, automate procurement and make the supply chain process effective to enable clinicians to focus more on patient care and outcomes.
Healthcare Supply chain software simplifies and automates repetitive manual tasks such as excel spreadsheets, paperwork, to manage supply costs, inventories, and other supply chain activities.
Our specialists can modernize your healthcare supply chain to increase efficiency, minimize waste & improve reputation.
While the healthcare industry can be considered as a slightly new entrant in managing their supply chain capabilities, they can learn from mature industries, like manufacturing and more to develop & manage a sustainable, competing advantage source, delivering superior service and flexibility at a dramatically lower cost.
In our experience, a well-designed and customer SCM solution tailored to your needs is what you should eye for. Listed below are some of the factors one can consider while choosing the vendor and system for their operations;
Though goes without saying, any basic SCMS would offer;
Our experience and proficiency in healthcare supply chain management software development allow us to develop feature-rich & robust supply chain management (SCM) software. They automate almost all of logistic processes and reduce overall costs. As a logistics and supply chain management software development company, we can build solutions that offer full visibility and control over your inventory, which allows you to know exactly how much material is in stock at all times.
A UK-based Medtech company wanted to develop an integrated platform to handle multiple distribution channels to online pharmacies and other partners.
We designed and developed a blockchain-based application to seamlessly manage the medical supply chain for ordering Personal Protective Equipment (PPE) and other pharmaceutical products from multiple healthcare practices. The software helps organize the medical supply chain while allowing the source trace of manufactured goods. Most importantly, it helps prevent the distribution of counterfeit PPE and other pharmaceutical products while ensuring that demand is met by streamlining different types of workflow events and documentation.
Whatever your business is shipping, there is a clear and unprecedented demand to transport goods more smartly and safely. It would help deliver true business results and achieve efficiencies across the board.
Although the SCM software enhancement process might sound tedious and may require additional costs and human resources, we suggest it is worth trying. In the future, you can expect to get numerous advantages as discussed above. All you need is an experienced team of professional & software developers who can work with you to achieve these goals to develop suitable solutions. Further, a robust supply chain solution can increase transparency, efficiency, minimize waste, improve reputation, which all impact revenue. We assist businesses to implement the latest tech and develop competitive software that enhances the services.
Leverage our healthcare focus to streamline your medical supply procurement, inventory, and overall spending.