How does McKesson Corporation manage its supply chain?
In order to achieve a healthier bottom line, chain efficiencies are being supplied by healthcare organizations. McKesson Supply Chain Management™’s solution binds the entire hospital supply chain into a single, integrated process. It regulates all the supply chain management functions smoothly through invoice matching, contract compliance, and rebate attainment.
McKesson Supply Chain Management can be implemented as a part of McKesson Supply Chain Solutions™ to find out your total supply expenditure and enhance compliance, standardization, requisitioning, and inventory performance. To meet the growing demand for mobility, technology plays an important role in managing par levels and supporting physical inventory processes.
McKesson Supply Chain Management is an essential part of McKesson ERP Solutions as it can be used to procure added efficiencies and cost savings. For example, when the software is linked with McKesson Fiscal Management™ and McKesson Human Capital Management™, data flows smoothly between the solutions without double keying.
It highlights the following:
1. Integrated purchase order confirmation management
2. Integrated workflow by combining purchasing applications
3. Integration to LDAP for security/user maintenance
4. GS1 support for Global Trade Item Number (GTIN)
5. Improved payment request workflow with new document management
Optimizing the efficiency of hospital pharmacy supply chains not only helps healthcare systems in reducing increasing expenses but also improving patient care. It is important for health system pharmacies to develop their pharmacy supply chains to become more cooperative, transparent, and well organized in today’s frugal environment. Even hospitals need to transform their supply chains into an essential, planned function.
McKesson helps the customers increase value by promoting the quality of care while reducing costs and increasing productivity. This is done by reducing inventory-carrying costs, standardization of tools and processes, and reducing stock-out risks and procurement errors. Eventually, customers focus on reducing costs and try to maximize every dollar spent.