From suppliers through to end users, our Stockless solution offers a way to save time and money. As a key component of the dynamic hospital supply chain, it will change the way you think about inventory and logistics management. Learn how to optimize your supply chain with Logical Unit of Measure (LogUM).
Put the value back in your hospital supply chain with our industry-leading logistics program that helps reduce the cost of storing, maintaining and distributing supplies. Based on actual demand at the point of care, Stockless is designed to meet the unique needs of your individual facility.
With Stockless, you process, handle, store and pay for only the supplies you need, when you need them. By reducing non-value-added time and cost, Stockless customers see operating margin improvements and cost reduction in inventory spend by an average of 30 percent or more.
How it works without Stockless
Traditionally, supplies flow in bulk from the distributor to a hospital’s central store, where they’re received, put away, picked and dispensed by hospital staff to the point of care.
How it works with Stockless
Bypassing the central store
There’s no need to stock or pick products for distribution. Stockless configures your deliveries in totes based on demand and delivers them directly to the point of use.
The result: fewer touch points, lower storage needs, reduced overstock and expired products, and better use of staff time.
Logical unit of measure
We’ve changed the standard definition of low unit of measure (LUM) to logical unit of measure (LogUOM) because it represents a more relevant way of thinking and a greater benefit for our customers. Distribution with Stockless is smarter and more responsive to immediate needs, with less waste and handling. Just in time (JIT) offers process improvements to drive cost and inefficiencies out of the supply chain, while increasing service and data for better planning. Instead of thinking in terms of the lowest unit of measure available, we think of it as the right unit of measure, based on actual usage, the cost of the product and the needs of your patients.
The result: more efficient picks and lower costs.
Our focus on continuous optimization via Lean Six Sigma management practices has resulted in engagement with top hospitals in Canada and around the world. We provide a high level of expertise, responsive local customer service and reliability with our extensive network of distribution centers and delivery fleet. Cardinal Health has earned a top-five supply chain excellence ranking for 10 consecutive years.
Stockless drives savings
Inventory and cost reduction
Decreased labour costs by 25-30%
Less implementation time
Storage space reallocation
Discover how Stockless can save your hospital time and money.