Inventory Management & Technology

Having a system that supports your procurement strategy is the key to effective inventory management. A combination of strategies using Cardinal Health inventory systems is a proven methodology for reducing inventory and carrying costs.

CardinalASSIST^®

CardinalASSIST^® is a program developed by Cardinal Health and our hospital customers that provides an automated process to replenish drugs in efficient units of measure directly to the pharmacy for automated point-of-service dispensing devices. CardinalASSIST^® supports the decentralized distribution of medications by streamlining product movement through the elimination of redundant steps in the logistical process.

Formulas for Success

Pharmaceutical products make up about 68 percent of a pharmacy's budget. The ability to manage inventory effectively can reduce costs and free up dollars and time for clinical pharmacy needs.

Formulas for Success is Cardinal Health's comprehensive inventory management program. It is implemented through a partnership with the customer, the Cardinal Health sales consultant, and the CardinalCHOICE™ electronic order-entry system. By using the Contract Compliance, Suggested Order Quantity, Market Share, and Min/Max programs within the CardinalCHOICE™ system, customers can generate savings through increased turns and lower carrying costs.

Contract Compliance

• Rank contracts
• Search for and select contract items
• Activate auto-analyze order setting
• Generate compliance reports

• Apply SOQ functionality to all non-Min/Max items in inventory
• Maintain SOQ-related settings: ABC ranking, suggested order quantity factors, quantity confirmations

• Set up Market Basket
• Generate Market Basket reports to analyze market share

• Establish an order frequency for Min/Max items
• Assign Min/Max settings to selected items
• Take a post-Min/Max inventory to compare with pre-Min/Max levels

Mobile Solutions

Mobile Solutions empowers you to leverage the receiving and ordering functionality of cardinal.com without being constrained to a desktop. Mobile Solutions is a handheld scanning device based on Pocket PC™ technology. It gives you the freedom to move untethered about the pharmacy and work directly with your inventory. Mobile Solutions makes the pharmacy more efficient in its daily processes.

With Mobile Solutions, ordering product can now be done with greater efficiency and flexibility. Product bar codes can be scanned from the shelf label or from the product itself. History and product details can also be accessed and reviewed right from the Mobile Solutions device.

As product is received, you can record product by piece, case and tote with the quick scan of the license plate. Since the device is completely self-contained and not constrained by a computer cable, product can be checked-in anywhere in the pharmacy or warehouse. Data can then be transferred to and evaluated on cardinal.com.

With Mobile Solutions, the partnership between your pharmacy and cardinal.com will enable you to focus more on patient care. The result is a more efficient pharmacy and better results to your bottom line.