Operations
industry to address the industry’s supply chain challenges by providing a central global repository which stores up-to-date information along with other, secondary information such as serial number, lot number, expiry date, name of manufacturing and location amongst others. This will increase the order processing speed and efficiency. Integrating Supply Chain and Revenue Cycle through ERP Supply chain and revenue cycle are the two most important fields as far as operational efficiency of a hospital is concerned. Supply chain deals with back end operations which include procurement, inventory management and the like where as Revenue Cycle management deals with patient related records, accounting, billing, and charge sheet and so on. By integrating these two fields will help optimizing patient related information such as reimbursement and creates greater transparency, reduces risks and increases flow of information. This will increase the operating margins and will place the hospitals in a better position to have fact based negotiations with suppliers and distributors. Demand forecasting Having an ERP solution to demand forecasting will help the industry save time. It has direct access to the centralized database and can interpret trend and seasonality factors and reduce the margin of errors. ERP maintains detail level real time data and thereby predicts more accurate forecasts. With reliable forecasts, inventory levels and purchasing time can be optimized, thus resulting in reduced costs. Finally this solution will help in having increased collaboration with the vendors. Inventory hoarding Hospitals in health care industry keep on hoarding inventories to avoid stock-out and to give better service to the customers despite the fact that the inventory holding cost is one of the reasons that is affecting the profit. With ERP, one can predict demand and reduce the level of inventory by having access to the data that they store in the central data warehouse. Material handling There i ?????????????????????????????????????????????????????????? ?????I%???????????????????????????????????????????????????????????????????????????????????????????????????????Q???????????????????????????????????????????????????????????????????? ?????????????? ??????????????????????????????????????????????????????????????????????????????????????????%???????????????????????????????()??????????????????????????????????????????????Q??????????????????????????????????????????????????????????????????????????????????????????????????????????????????UM????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????I??????????????????????????????????????????????????A???????I%??????? L?????????????????????????????????????????????????????????????????????????????????????????????????????????Q?????????????????????????????????????????????????????? ??????????M???????????? ???????????????????????????????????????????? ???????????????? ?????????????E???????? ??????????!????????????????????????????????????%?????????????????????????????????????????????? ???????????????????????????????????????????? ??????????5????????????????????????M??????????A?????????????????????]??????????? ???????????M???????????????????????????
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