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Enterprise Inventory Optimization

Creating a comprehensive view of your medication inventory from wholesaler orders to pharmacy — makes for more effective overall management.

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Overview

Help achieve your medication inventory goals.

One automated source for all your connected technologies can empower your pharmacy to be more proactive and make better-informed decisions, helping to identify potential medication errors, minimize latency and create positive financial impacts through cost avoidance.

Details Across Roles
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Clinicians

Learn about new industry movements & latest advances in clinical solutions and find specific information on a medication management problem.
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IT

Run reports to monitor on-site integrated medication solutions, products and activities. Find information on data security, standards, scalability, and interoperability.

Operations

Evaluate how connected technologies can empower your pharmacy to be more proactive and make better-informed decisions, helping to reduce potential medication errors, minimize latency time and create positive financial impacts through cost avoidance.
Products

By combining BD HealthSight™ Inventory Optimization and BD Pyxis™ Logistics, you can gain and sustain better visibility and insights.

  • Optimize your on-hand inventory
  • Better manage shortages
  • Minimize drug waste
  • Improve your labor inefficiencies

BD HealthSight™ Inventory Optimization

This is a supply chain-driven analytics solution that delivers outcomes-driven workflow recommendations to optimize on-hand inventory, minimize waste, reduce stock-out events, and drive prioritization. This product has replaced most report generation and manual calculations with automated inventory analysis and intelligent recommendation processes.

BD Pyxis™ Logistics

This software allows hospitals and health systems to manage medications, simplify workflows, improve productivity and reduce medication cost and waste. This solution provides visibility into all medication storage areas, enabling integrated medication management across the enterprise.

BD Pyxis™ MedStation™ ES

This is an automated medication dispensing system supporting decentralized medication management. It helps clinicians safely and efficiently dispense the right medications, for the right patients at the right time. The BD Pyxis™ ES platform offers enterprise-wise medication management through integration with HIT systems.

Customer Story

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Instead of extracting data from multiple sources, we wanted to have one source for managing the inventory adjustments and that’s really BD HealthSight™ Inventory Optimization.

David Webster, RPh, MSBA, Director of Acute Care Pharmacy Operations, Assistant Professor of Clinical Community and Preventive Medicine University of Rochester Medical Center / Strong Memorial Hospital

Abstract

By using advanced analytics, the University of Rochester Medical Center (URMC) realized a significant reduction in stock-out rates (a 266% reduction at one facility for targeted medications), a reduction in expired waste from Automated Dispensing Cabinets (a 66% reduction at one facility), as well as decreased inventory carrying costs. URMC also made great strides in mitigating staff frustration and confusion, resulting in improved efficiencies in pharmacist and technician workflows related to inventory replenishment.

URMC maintained and improved efficiencies further with BD HealthSight™ Inventory Optimization, which has replaced most report generation and manual calculations with automated inventory analysis and intelligent recommendation processes.

Impact

Implementing BD HealthSight™ Inventory Optimization resulted in immediate reductions in cost and manual effort, measurable and sustained improvement in key performance indicators for inventory management, and the ability to redeploy staff to other priority initiatives.

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Overview

Be prepared for what’s next

You are dedicated to the relentless pursuit of patient care and have no doubt experienced the minute-by-minute unpredictability of a hospital environment. You need a medication inventory management solution that enables you to be prepared for whatever comes your way.

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Customer Story

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With BD HealthSight™ Inventory Optimization, we can reduce the labor involved in managing inventory.

We can reallocate that labor to other patient care tasks, helping to drive efficiencies so we can spend time on adding value, particularly around cost-reduction strategies.

David Webster, RPh, MSBA, Director of Acute Care Pharmacy Operations, Assistant Professor of Clinical Community and Preventive Medicine University of Rochester Medical Center / Strong Memorial Hospital

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Overview

Leverage your IT investments to drive efficiencies and manage costs.

Our solutions can analyze usage data on stockouts and refills during set time periods to determine optimal refill times. This reduces tech workflow conflicts with care teams—when a nurse needs to get a medication to a patient, it can be restocked before they get to that cabinet. 

Advanced analytics can also help make refill trips more efficient, working toward one major replenishment per day—saving time and alleviating stress associated with misplaced meds.

Interoperability

Enhancing your existing systems with the strategic interoperability of BD technologies unlocks more dynamic capabilities

A single medication management source that exchanges information with existing systems and a unified formulary allows your team to focus on their strengths and accelerate the speed of patient care.

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Security

Cybersecurity at BD

As we build a strong community of practice, working closely with our customers, industry regulators, and security researchers, we’re improving cybersecurity and resilience across the industry.

BD utilizes a framework to incorporate cybersecurity into our processes for product design, manufacturing, customer support and enterprise systems. Our framework has been aligned to various industry work products including the HSCC Joint Security Plan, NIST Cybersecurity Framework, ISO 27001, UL 2900 and ISA 62443.

BD CYBERSECURITY HUB

Explore the BD cybersecurity hub to learn more about our framework, history, and partnerships.

Overview

Get near real-time visibility to achieve your inventory management goals.

With enterprise inventory optimization from BD, you get near real-time visibility to help you create more efficient workflows and achieve your inventory management goals.

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Customer Story

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Instead of extracting data from multiple sources we wanted to have one source for managing the inventory adjustments, and that’s really BD HealthSightTM Inventory Optimization.

David Webster, RPh, MSBA, Director of Acute Care Pharmacy Operations, Assistant Professor of Clinical Community and Preventive Medicine University of Rochester Medical Center / Strong Memorial Hospital

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Partner with BD

At BD, we’re committed to partnering with you to help solve your medication management challenges, so you can focus on delivering quality care. Are you ready to connect?

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