Do you know what happens when supply chain analytics are enabled by the right data collection technology? According to Jean-Claude Saghbini, CTO of Cardinal Health™ Inventory Management Solutions, you’ve got a game changer.
Saghbini says supply chain analytics have the power to help hospital leaders better predict, trend and analyze product utilization information at every touchpoint throughout the enterprise. He also believes that analytics have the potential to transform the entire healthcare supply chain, from the manufacturer all the way to the patient. Here, Saghbini talks with us about how end-to-end supply chain analytics can transform data into actionable insights that can lower costs, improve efficiency and lead to better patient outcomes.
Q: First, can you talk with us about the connection between supply chain analytics and quality care…how can supply chain data be used to enhance patient outcomes?
A: Having robust information about all of the products in your supply chain enables you to very closely manage – and therefore avoid – discrete events that impact patient safety, like expired products, stock-outs or the presence of recalled products.
But the impact goes beyond that. It’s well known that variability is the enemy of quality. Chances are that across every IDN, different hospitals, departments and clinicians are using different products for very similar procedures. A powerful analytics platform harnesses product usage data across all hospitals and departments, so you can start looking at product use, choice and availability holistically across the IDN. That kind of visibility allows you to identify, share and adopt best practices for product usage, so you can drive down costs while improving outcomes.
Lastly, having the right supply chain technologies in place can free up clinician time to focus on patient care. When products are immediately available when and where they’re needed, clinicians can spend far less time preparing for procedures or leaving the bedside to search for products. That means more time spent caring for the patient – supporting initiatives around quality of care.
Q: How does the data you get from supply chain analytics differ from the kind of data found in an EMR, materials management or other clinical IT system?
A: The first key is to understand that supply chain analytics extend beyond the walls of the hospital. They encompass end-to-end product data from the manufacturer all the way to the patient. Second, supply chain analytics based on accurate technology – RFID for example – can combine purchasing, inventory and patient usage data – across the enterprise – in one place. That end-to-end visibility provides actionable insights that can allow hospital leaders to continually optimize the entire supply chain.