Put the value back in your supply chain 135 Kb - Cardinal Health

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ValueLink ® Put the value back in your supply chain. We want to help you do more with less. By optimizing our industry-leading ValueLink® program, we’ll help you contain costs, streamline supply flow processes and reduce inventory by providing product in the most logical unit of measure (LUM). This means you only process, handle, store and pay for the amount of inventory needed, when it is needed. On average, our ValueLink® Services customers see significant operating margin improvements and reduction in inventory investments exceeding 20 percent. Because we custom configure your deliveries in totes based on point of use demand, your supplies are available at the right time and place. This significantly reduces the time your clinicians need to be involved with supply chain matters and leads to higher levels of clinician satisfaction. Comparison between traditional and dynamic hospital supply chain Features Product availability Inventory costs Traditional supply chain • Daily, weekly stockouts and product unavailability • 96% fill rate • Extra touchpoints in the process and inventory costs • Use space to hold obsolete/ expired product Dynamic supply chain enabled by ValueLink® Services and ValueLink® Par Optimization • Significant reduction in stockouts and call-downs • Often exceeds 98% fill rate • Elimination of extra touchpoints and inventory costs • Reduce storage and on hand inventory levels and associated holding costs • Increased availability of storage and/or revenue-generating space Supply chain flow Use of clinician time FTE allocation and utilization • Inefficient ordering and timing • Unorganized space for necessary product • Traditional supply chain vendors usually deliver only to the dock • Excess clinician time spent managing inventory • Low clinician satisfaction • Hospital labor required to make deliveries • Efficient electronic ordering • Space savings • Inventory reduction • Waste elimination • Product rationalization and standardization • Ability to deliver beyond dock to point of use • Vendor consolidation and streamlining • Less clinician time spent managing inventory and more time spent taking care of patients • Improved clinician satisfaction and utilization • Labor reallocation to high priorities For more information, e-mail ValueLink@cardinalhealth.com or contact your Cardinal Health sales representative.
The hospital supply chain Traditionally, supplies flow from the distributor to the hospital loading dock. There are many disadvantages to ending the supply chain here because it doesn’t ensure that product gets delivered directly where and when it is needed, creating additional unnecessary steps for your staff. However, when product is delivered beyond the dock to the point of use, the result is less waiting time for product availability, less handling of the product, less labor costs and more consistent product delivery. In turn, enabling you to deliver your product promise on to your clinicians. Traditional supply chain Customer order Product delivery Central Store Departments Clinician use Customers order products electronically Products are delivered to customer dock/receiving Customers place product in Central Store Products are distributed to individual departments Inventory count Dynamic supply chain Enabled by ValueLink® Services and ValueLink® Par Optimization “Cardinal Health has been doing low-unit-of-measure from the beginning. They know what they’re doing. They’re more than a trusted advisor; they’re an extension of our staff.” Johnny Gilliland Director of Materials Management at DCH Health System Customer order Customers order products electronically Departments Products are distributed to individual departments Optimized par inventory levels through Par Optimization Inventory count Clinician use ValueLink® benefits •• Eliminates excessive touchpoints in the supply chain •• 98 percent fill rate guarantee •• Reduces on-hand inventory levels and associated holding costs •• Drives clinician satisfaction by increasing product availability •• Significantly reduces stockouts and call-downs •• Reallocates labor and resources •• Optimizes department storage space and capacity • Streamlines product recall process
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Put the value back in your supply chain 135 Kb - Cardinal Health

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