Lean Healthcare Solutions StockBox, Smart Cabinet & LogiTrack
Current Situation Medical supply rooms are managed manually with the need to constantly count High value medical devices are managed manually Up-to 50% of nurse s time wasted inventory management Medical equipment are managed manually Locating assets is based on physical search 2
LogiTag s Healthcare Offering Unified Platform For Lean Healthcare Management StockBox for Medical Supplies 2-Bin/Kanban logistics Reordering Automations Smart Cabinet for Medical device Real-Time Inventory Management Point Of Use Reporting LogiTrack for Medical Equipment, Patient and Staff Asset tracking, beds management, temperature monitoring Patient flow, fall detections, wander preventions Infant protection and Baby Mother matching 3
StockBox Medical Supply reordering system based on KanBan for Lean Healthcare management The goal is not to run out of supplies while maintaining a tight control of storage space and low inventory quantities. 4
Par-Level and KanBan Supply Management Hospitals typically manage supplies and medications inventory by the Par-Level method. KanBan Dual bin system 5
StockBox Solution 6
Inventory Replenishment Cycle 7
System Benefits Inventory Reduction A typical implementation will result in 50% inventory reduction within the first month! Zero Stock-Outs As proved by all case-studies and satisfied hospitals Expiration item elimination Reduce Storage space required for supply room Increase Nurse Efficiency Saves the daily counts, recovers time for patient-care, increase nurse satisfaction. Central Storage Optimization Eliminate counting trips Reduce resupply trips Improve picking process Eliminate key activities 8
Case Study: Columbus Community Hospital Reduced inventory from 6,000+ items to ~1900 items within 2 months. $2,000 in reduced inventory of consumables after right-sizing the inventory twice. 1.5 hours saved each day in counting supplies. 468 hours a year saved in counting supplies. Personnel counting savings including overhead cost savings per year $7020. Zero stock outs since installation! Investment return in less than 18 months for hardware, tags, and software. 9
Smart Cabinet Lean, efficient inventory management system for medical device 10
Current Situation High value medical devices are managed manually Up-to 50% of nurse s time wasted inventory management Inventory shrinkage due to lack of management tools. Waste due to expired items High inventory level to avoid shortage Consignment work modes makes it more difficult to handle inventory, reducing inventory visibility, increasing presence of supplier s agents - leading to conflicts. 11
The Smart Cabinet Semi-automatic inventory management for medical supplies Smart-Cabinet Remote management of cabinet s content Wireless connectivity to central data warehouse Role-based data distribution to all parties Item level traceability and management What item was taken (fully automated mode) What item was taken and by whom (access control) What item was taken by whom and for which procedure (report station with access control or remote report station) 12
SmartCabinet Models Several Smart-Cabinet models to manage different types of high-value inventory Standard version Long-Items Version Pharmacy Version 13
SmartCabinet Cycle 14
System Benefits Inventory Reduction Smart-Cabinet implementation enables 20% reduction of high-value medical device inventory Eliminating Expirations & Shrinkage Hospital gains visibility that helps them eliminate loose on expiration and shrinkage. Increased Efficiency Nurse s valuable time is saved, contributing to higher job satisfaction and improved patient-care. Zero Stock-Outs Item level visibility enables better inventory management practice and eliminating stock-outs. Increased revenue capture With patient level costing hospitals are able to ensure they invoice patients according to actual consumption. 15
NY Hospital Queens Background First 2 Cath-Labs Installed in Q1/2012 Expansion for 6 more rooms 2013 Benefits Inventory reduction 25% less inventory Expiration and shrinkage Eliminated, saving over 100K Annually Nurse time saved 8 hours weekly Staff compliance 100% StockOuts No recorded StockOuts 16
LogiTrack Turn Location into knowledge 17 17
Challenge in Hospital work flow The challenge: Utilize a single system to answer hospital s diversified wireless monitoring needs Patient Tracking Tracing Mentally Sick People Temperature Monitoring Pressure Monitoring Asset Tracking Operating Theater Utilization 18
LogiTrack General view 19
LogiTrack Application Newborn protection Assets real-time locator Temperature and sensor remote monitoring Visitor management High value items protection Process monitoring 20
System Benefits - LogiTrack Increased visibility in the ER and OR Improved equipment utilization Prevention of infant abductions Preserved patients, residents and staff safety Automated temperature and humidity collection and reporting Ensured staff hand hygiene compliance 21
Thank You! 22