DUBLIN, Ohio, Jan. 5, 2021 /PRNewswire/ --
OptiFreight® Logistics, a Cardinal Health (NYSE: CAH)
company, announced today the launch of TotalVue™ Analytics — a tool
for healthcare supply chain leaders to utilize predictive
technology and data to identify logistics savings and benchmarking.
Leveraging the scale of Cardinal Health, TotalVue™ Analytics
provides health systems with visibility into shipping trends to
identify opportunities to reduce freight costs, including inbound
shipments from suppliers or outbound shipments from sites of
care.
"This solution gives our customers actionable data," said
Melissa Laber, senior vice president
and general manager at OptiFreight® Logistics. "With
full visibility into every shipment, health system leaders can
improve their efficiency and tracking and realize substantial
long-term cost savings."
OptiFreight® Logistics utilizes machine learning for
its benchmarking capability, which is driven by proprietary access
to data and insights. "No two hospital systems are exactly alike,
so we use the power of machine learning to find the best peers in
the industry for comparison," said Marc
Long, director of Business Intelligence at
OptiFreight® Logistics. "This ensures benchmarks are as
accurate as possible and enables more informed, effective logistics
management decisions."
With TotalVue™ Analytics, users can monitor comprehensive
performance of a logistics management program, including how
small changes in shipping decisions can create continued savings.
For example, TotalVue™ Analytics can identify cost savings
opportunities such as a supplier that is shipping too many packages
overnight, or a location that is not using the program to get
shipping discounts. By reviewing consistent data points, health
systems can set measurable goals and track performance.
Management of shipping spend across the health system is
essential to identify maximum efficiencies, and visibility into
critical logistics management metrics, which creates material cost
savings. Several customers participated in a pilot launch of
TotalVue™ Analytics, including Mike
Halmrast, senior director of contracting at Banner Health, a
non-profit health system based in Phoenix that operates 28 hospitals and several
specialized facilities across six states. According to Halmrast,
the more inbound, outbound and large freight shipments the health
system has under management, the more dollars it can save to spend
on patient care.
"It's that simple," Halmrast said. "That is where our
collaboration with OptiFreight® Logistics comes in to
play. They work in our best interest to identify more ways for us
to centralize spend." From a data analytics perspective, Halmrast
said the collaboration with OptiFreight® Logistics has
been especially beneficial to encourage the supply chain teams at
individual facilities across the health system to engage with the
data and monitor their own performance.
"At OptiFreight® Logistics, we're focused on creating
data and analytics solutions that meet our customers' needs – now,
and in the future," Laber concluded.
To learn more about OptiFreight® Logistics and its
solutions, visit cardinalhealth.com/OptiFreight, or email
GMB-OptiFreight@cardinalhealth.com.
About Cardinal Health
Cardinal Health is a distributor
of pharmaceuticals, a global manufacturer and distributor of
medical and laboratory products, and a provider of performance and
data solutions for healthcare facilities. With 50 years in
business, operations in 46 countries and approximately 48,000
employees globally, Cardinal Health is essential to care.
Information about Cardinal Health is available
at cardinalhealth.com.
About OptiFreight® Logistics
A division of Cardinal
Health, OptiFreight® Logistics provides logistics
management across the continuum of care, delivering total
transportation management for the healthcare industry. As a premier
comprehensive logistics management provider,
OptiFreight® Logistics anticipates healthcare customers'
needs to help them optimize shipping costs through advanced
analytics and integrated shipping solutions. More information about
OptiFreight® Logistics is available at
cardinalhealth.com/optifreight.
Contacts
Media: Courtney
Tobin, courtney.tobin@cardinalhealth.com; Investors:
Kevin Moran,
kevin.moran@cardinalhealth.com and (614) 757-7942
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SOURCE Cardinal Health