Healthcare Supply Chain Technology and Strategy

  The most terrifying words in the English language are:  I'm from the government and I'm here to help. - Ronald Reagan See below for the OpEd portion of our blog this week.. But I did want to point out to all of you selling drugs to pharmacies and dispensers that although they now have until  2023.  to comply with the DSCSA Serialization Initiative, It's already law for distributors so you had better get with the program.  Need help?  The MDS-Nx System is fully compliant and allows you to track and trace any product drugs , food etc. Now we return to your regular programming.  This a repost from Susan DeVore  on WSJ.  http://blogs.wsj.com/experts/tag/susan-devore/ It’s no secret that health care today is fragmented, with each provider in the system implementing its own individualized care processes, protocols and operations. Because each provider operates independently, there is incredible variation across the system, which leads to unn...

  Give your customers flexible billing options and build customer loyalty. Customers often require multiple different and sometime complicated billing options. To make sure they stay your customers and you don't have to spend hours creating customized billing reports and remembering to run the invoicing process at a specific time, the  MDS  systems offers a number of options to simplify your customer's requests.  And easily manage the process ensuring you get paid in a timely fashion as well as keep your customers happy.  Differentiate your company in the marketplace by giving customers what they want, with little or no work on your companies part. Invoicing Options Include:  Monthly/Periodic billing - Create invoices per transaction but hold until a period statement is sent to a customer common options are monthly or bi-monthly. Consolidated A/R - Create a single invoice to "roll-up" all transactions for a period , also offer options to...

As the holidays roll around and we plan for next year, one often overlooked area is our overstock or items that just are not selling. For whatever reason it's likely a good time to see what you can put on "special" for that End of Year sales push and or just to make some space in your warehouse.  One Solution to the problem.. . Using your Software Systems analytics tools to find those items and get rid of them.    Inventory Management – Explore the expanded purchasing capabilities incorporated into MDS. The objective is to identify the vendors and products in need of replenishment. The Inventory Management module attempts to minimize inventory investment while reducing stock outs and backorders. The MDS Inventory Management System gives you the Inventory Analysis Tools to identify items that can be eliminated from inventory.   "The analysis identifies all stock items that are contributing less than 1%, or 5%, or whatever level you select of the sales.  You could...