Oracle is bolstering healthcare organizations’ inventory management capabilities with new mobile features integrated into Oracle Fusion Cloud Inventory Management, part of Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). The aim is to enhance stock availability optimization, reduce errors, and ultimately improve patient care.
“With Oracle Cloud SCM’s new inventory management capabilities, healthcare providers can improve the efficiency and accuracy of inventory management processes to expand visibility, reduce costs, and ensure the right stock is available in the right place, at the right time.” said Chris Leone, executive vice president, applications development, Oracle.
These features include full mobile device and barcode scanning support for various inventory processes such as receiving, putaway, picking, cycle counting, material transfers, and issuing of materials across different stocking locations within a hospital. The PAR Management Workbench allows organisations to monitor inventory levels across all locations, predict demand, and manage replenishment efficiently. Bulk-maintenance capabilities streamline bulk stock ordering processes, enhancing user productivity.
The Mobile PAR Counting App facilitates efficient PAR management from any location, especially beneficial for hospitals with poor connectivity. The app’s offline mode enables continuous tracking of inventory at each location, triggering a restock once connected to the internet.
Another valuable addition is the Last-Mile Logistics App, which focuses on improving logistics management, materials delivery, and restocking efficiency. The app records proof of delivery to enhance transparency during stock hand-offs, and its offline mode optimizes internal logistics for hospitals with connectivity challenges.
These new inventory management capabilities align with Oracle’s broader strategy to help healthcare organizations optimize planning, automate processes, and enhance visibility across the supply chain. In the past year, Oracle has introduced various healthcare-specific supply chain features, covering logistics, product lifecycle management, planning, procurement, and channel revenue management.
Part of the Oracle Fusion Applications Suite, Oracle Cloud SCM allows seamless connectivity of supply chain processes, aiding organizations in responding swiftly to changing demand, supply, and market conditions. Oracle’s self-updating platform ensures continuous innovation, with new features introduced every 90 days.