MedShorts: A Virtual Marketplace for Surplus Drugs

Top 10 Supply Chain Management Solution Companies - 2020

In these times of the COVID-19 pandemic, supply chain management has become one of the primary areas of focus for business organizations. Especially for manufacturing companies, supply chain management is the critical factor in enabling seamless delivery to the customers. By incorporating the latest technology, businesses can quickly meet the changes in customer expectations. The changing business landscape has increased the requirement for creating a digital environment that integrates the various processes carried out by the different entities in the supply chain.

Digitization is enabling businesses to develop end-to-end supply chain solutions designed to speed up the operations and avert the common bottlenecks. Besides, the utilization of real-time data is allowing them to accelerate various processes like procurement and manufacturing. Automation and AI is also making a significant impact on supply chains. With the emergence of Industry 4.0, supply chain leaders are taking advantage of low-cost sensors, data analytics, and IoT to gain increased visibility and control over every touchpoint of their supply chain. Blockchain technologies like the distributed ledger systems are also being mined for supply chain applications.

The vital supply chain operations, like warehouse management, which includes picking and packing, are making significant headway with robotics technology. With the incorporation of warehouse automation, organizations are utilizing robust sensor technology to facilitate seamless collaboration between automated vehicles and human workers. The impact of warehouse automation is reaching beyond productivity improvements. It enables supply chain leaders to handle fast-changing multichannel and omnichannel requirements, thus supporting same-day and next-day delivery.

As supply chain leaders integrate the best-in-class supply chain technology, optimizing the basic operations’ performance is not sufficient to generate the cost-reduction and quality enhancement required to gain a competitive edge in the market. An increasing number of organizations are seeking robust systems that can reinvent their supply chain management, thus facilitating greater visibility and efficiency throughout the supply chain. In light of such robust innovations underway, companies must incorporate the latest technologies in the market.

In order to assist companies in shoring up their capabilities, we have compiled this issue of MD Tech Review. In this edition, we have listed the top 10 supply chain management solution providers and consulting/ service companies to highlight the ones that can help you escalate your chances of success. Equipped with innovative technological capabilities, these enlisted solution providers and consulting/service companies are transforming the supply chain landscape at the cloverleaf of various disruptive technologies. Besides, the magazine comprises insights from subject-matter experts, CIOs, and CXOs in the software sector on the latest industry trends, best practices, recent innovations, and highlights their expertise. We hope this issue of MD Tech Review helps you build the partnership you and your organization need to foster an environment driven by robust and efficient technology.

We present to you MD Tech Review’s “Top 10 Supply Chain Management Solution Providers - 2020.”

Top Supply Chain Management Solution Companies

Avata isOracle’s strategic partner and a consultancy firm that helps its clients purchase and implement Oracle’s on-prem and cloud-based applications.The company offers a wide range of tools and solutions across many industry verticals. They have also expanded our expertise to provide full Enterprise Resource Planning(ERP) capabilities covering financials, procurement, manufacturing, and order to cash activities along with SCM offering. Additionally, PLM offers the ability to bring in Product Data Hub, Innovation Management, and Product Development applications

avata.com

MedShorts provides a virtual marketplace for the pharmaceutical industry

medshorts.com

BroadJump

BroadJump

Hospitals and healthcare organizations overpay for supplies and medical devices due to inefficient supply chain processes and a lack of pricing transparency. The comapny grew frustrated by the void of robust, easy-to-use data analytics available to help healthcare providers manage this area effectively, and have developed automated sourcing tools to empower decision makers. BroadJump is focused on helping healthcare organizations gain better visibility and control over their expense management so that they can lower costs, operate more efficiently, and ultimately improve quality of care

Genesis Automation Healthcare

Genesis Automation Healthcare

Genesis is a clinical traceability solution that brings new automation and intelligence to the management of care-critical supplies at every point in The Clinical Supply Lifecycle™. Capable of managing the lowest cost consumable to the highest cost implant, Genesis enables true enterprise-grade traceability in the clinical environment. Set apart by its unique ability to affect every part of the revenue cycle while radically improving the lives of clinicians and their patients, Genesis empowers the hospital system to transform its clinical supply chain into a pillar of value maximization

Optical Inventory Solutions

Optical Inventory Solutions

ViewVax is the industry leader in automated vaccine inventory. ViewVax’s elegant and seamless design fits into a existing medical refrigerator allowing hospitals, clinics, and doctors’ offices the opportunity to utilize and organize their current medical refrigerators while integrating the automated inventory solution hardware and software. ViewVax’s web-connected camera counts on-hand vaccine inventory allowing for automatic reordering, reduced inventory levels, and easy identification of vaccines

Pycube

Pycube

Pycube, Inc. provides innovative products and services that are shaping a new age for managing enterprise assets in any healthcare facility. The company expertise in managing assets helps our customers deliver care to their patients more effectively and efficiently at a lower cost. Pycube was founded in 2011 by a group of entrepreneurs as an innovative technology company with a special focus on providing Enterprise Asset Management Solutions to the Healthcare Industry. Based in Virginia, Pycube has offices in the US – New York, New Jersey, Texas, California, Virginia and India –Hyderabad

SC Worx

SC Worx

SC.WORX establishes the Materials Management Information System (MMIS) Item Master as the Single Source of Truth (SSOT) for all supply-related data exchanges. The SC.WORX solution normalizes data at a very high rate of accuracy and supports interoperability between the three core healthcare provider systems; Supply Chain, Financial and Clinical. This SSOT moves data from one application to another to drive supply cost reductions, optimize contracts, increase cost visibility and control rebates and contract administration fees

Symmetric Health Solutions

Symmetric Health Solutions

Symmetric Health Solutions is a provider of data, intelligence, and services for the healthcare medical supplies industry. Symmetric Health Solutions'​ data provides hospitals analytics and accuracy to enhance their supply chain and operations. The company is dedicated to provide the most accurate, comprehensive, and timely information and analytics on medical devices and pharmaceuticals, helping those in the industry better understand and operate in the market, support clinical quality value analysis, and analyze industry trends on safety, efficacy, and adoption of existing and new products

Universal Software Solutions

Universal Software Solutions

A practice management system that offers complete operational software for post-acute Healthcare Providers. Capture patient information, track inventory, deliver goods & services to the home or in a retail settings, create billable revenue, and receive claim payment all in one software. A practice management system that offers complete operational software for post-acute Healthcare Providers. Capture patient information, track inventory, deliver goods & services to the home or in a retail settings, create billable revenue, and receive claim payment all in one software

VendNovation LLC

VendNovation LLC

Emergency medical service providers using our technology have reported staggering cost savings exceeding 40%. These savings result from an access control system that produces complete accountability for items used, plus a significant reduction in waste. And all this is accomplished while meeting current DEA regulations for narcotic storage and control, plus FDA requirements for tracking chain of custody