Supplymind to Introduce Truly Integrated Supply Chain Optimization Solution at #ASHP17 Midyear Meeting, Dec. 4-7

Chicago, IL, November 19, 2017 --(PR.com)-- Finally, an easy-to-use, web-based, supply chain optimization tool designed to help the hospital pharmacy integrate disparate systems, optimize purchase planning, and dramatically reduce waste and time spent managing the pharmacy supply chain.

Supplymind Healthcare Technologies, a leading global company in supply chain optimization technology and solutions, is excited to announce the launch of its Supplymind Supply Chain Optimization Tools designed specifically for healthcare providers pharmacy operations, at this year's ASHP17 Midyear Meeting, Dec 4-7.

With hospital consolidation at an all-time high, integrating and standardizing disparate systems and ERP's at various facilities within the healthcare network, has never been more challenging. Gathering the important data from existing procurement systems, automated dispensing cabinets, robots of all types, carousels, medication administration point-of-use systems, etc, Supplymind utilizes its expert artificial intelligence, analytics, and decades of experience in the Retail, Manufacturing, and Healthcare Industries, to create a user-friendly, standardized web-based application where pharmacy procurement and inventory managers can make intelligent decisions based on real, actionable data.

Most hospital pharmacies currently utilize manual processes, including spreadsheets, static business intelligence charts, even "eyeballing the shelves" to determine what to buy, and when to buy it. A typical hospital network may have a wide variety of systems that are managing inventory, storing or packaging medications, indicating when specific medications are used, wasted, expired, shared and borrowed among neighboring hospitals - yet the challenge of integrating all of this data into a simple user-definable dashboard with critical KPI's, has, until now, not been possible without huge IT resources and custom development.

Supplymind is designed with the user in mind. By aggregating the above-mentioned data with important alerts like drug-shortage information, distributor purchase levels, drug recall alerts, pricing fluctuations, therapeutic alternatives, Pharmacy Managers have the ability to make intelligent decisions based on complete and total visibility into their entire supply chain.

Purchase planning tasks are virtually automated, yet give the pharmacy the ability to adjust purchase order levels based on excess inventory in alternate areas of the enterprise. By providing this "actionable data" in an amazon-style, user-friendly web-based tool, excess inventory can be dramatically reduced and wasted drugs, because of expiry, can be virtually eliminated. The average hospital pharmacy wastes over $1 million annually due to expired meds. This no longer needs to happen.

Supplymind's cloud-based infrastructure means high security (no patient data is necessary) and fewer IT resources required. Supplymind provides any pharmacy with a full-time, automated perpetual inventory, supply chain optimization solution that is both affordable up and running in a few weeks.

Pharmacists can now focus their time on patient care and utilize their clinical knowledge to improve patient care and provide the necessary support for physicians and nursing clinicians.