Read about Supplylogix in Drug Store News
Supplylogix is a featured supplier in the Drug Store News preview of NACDS Total Store Expo, beginning August 25 at the Colorado Convention Center in Denver.
Click here to read the article.
Supplylogix is a featured supplier in the Drug Store News preview of NACDS Total Store Expo, beginning August 25 at the Colorado Convention Center in Denver.
Click here to read the article.
The U.S. Patent and Trademark Office awarded U.S. Patent No. 9,904,965 to Supplylogix, a McKesson Corporate business, for proprietary inventory management technology at the heart of Supplylogix’s Pinpoint Transfer®.
The patent is for a system and method that provides functionality allowing Supplylogix customers to transfer medication between locations based on demand. This demand is dynamically and automatically defined in a proprietary manner based on prescription medication dispensing history.
“We are committed to developing innovative, industry-leading technology that delivers practical supply chain intelligence solutions,” said Clay Courville, Vice President and General Manager of Supplylogix. “Recognizing our innovative culture, Supplylogix customers should expect even more exciting and new patented functionality in the future as we continue to help pharmacies successfully manage medications.”
Supplylogix is a trusted advisor and the national market leader in its industry, helping customers manage their inventory in more than 12,000 pharmacies. Supplylogix customers experience proven benefits in managing their inventory, including: reduced working capital; improved service levels; a reduction in returns; and increased inventory productivity. Supplylogix takes great pride in partnering with its customers to solicit feedback that drives product innovation and improvement. “By partnering with customers, we can ensure we meet their needs and deliver enhancements that they truly want,” said Courville.
“We’re excited about this new patent,” said Jody Harvey, Vice President, Business Development and Account Management. “It serves to protect our innovative technology and it validates our ongoing commitment to enhance our products and better serve our customers. Reducing returns, transferring medications to other stores, and reducing costs are all vital parts of improving business operations for our customers.”
For more information about the Supplylogix suite of products and services, please visit spplylgxprod.wpengine.com.
About Supplylogix
Founded in 2010, Supplylogix applications process millions of transactions every day on behalf of more than 12,000 national and regional retail pharmacies. Supplylogix is a high-growth software company that develops and delivers practical supply chain intelligence solutions for pharmacy and related businesses. Supplylogix, a division of McKesson Corporation, is based in Irving, Texas, and services a wide array of healthcare providers nationwide. For more information, visit supplylogix.com.
Challenged by increasing competition, tightening reimbursement and expanding customer needs, retail chain pharmacies need more working capital. A common yet often untapped source of working capital is their prescription drug inventory. Pharmacies can unlock that working capital by upgrading their drug inventory management with perpetual inventory systems.
Supplylogix unveiled a new Case Management tool at the fourth annual National Association of Chain Drug Stores (NACDS) Total Store Expo in Boston, which ran from August 6-9. Case Management is an enhancement to the existing Pinpoint Audit™ (PPA) module that will help streamline investigation procedures.
Supplylogix Pinpoint Audit monitors over 12,000 locations for internal theft of prescription drugs at retail and health system pharmacies. Case Management, the latest enhancement to PPA, is the result of a collaborative effort with our customers to help streamline investigations in cases of suspicious activity.
“Supplylogix has always helped identify at-risk situations with Pinpoint Audit,” said Lou Ann Myers, VP of Operations for Supplylogix. “However, we found from talking to our customers that lingering questions remain about how the investigation should flow and who should be responsible for specific case-related tasks. Standard operating procedures vary widely from retailer to retailer and even among individual investigators within a company. We realized that our customers need a tool to facilitate collaboration, quickly assign tasks related to an investigation, and record findings of those tasks once executed. Using Case Management as a central location for building, tracking, and storing cases helps expedite the investigation process and can aid in standardizing investigations, which is important from a compliance perspective.”
The Case Management enhancement to PPA was Supplylogix’s focus at NACDS Total Store Expo, but there are plans to integrate this functionality into its other products in the future. “The ability to look at data, to categorize, track, and store outcomes, and then to assign tasks for follow up is a significant benefit in other inventory initiatives that Supplylogix products support,” said Myers. “Case Management will help align tasks to support our customers’ larger goals and initiatives.”
The Supplylogix team met with over 45 companies at NACDS Total Store Expo in Boston, MA. Retailers were given the opportunity to interact with the new Case Management tool and share feedback on their experience and success with the Supplylogix suite of services. Comments on Case Management were overwhelmingly positive and complimentary and affirmed the strong and collaborative partnership Supplylogix has with customers.
WESTLAKE, Texas, August 21, 2015 – Supplylogix, the pioneer and leading provider of intelligence solutions for pharmaceutical inventory management, announced today that it will debut its new reporting module, Pinpoint Performance™, at the 2015 National Association of Chain Drug Stores (NACDS) Total Store Expo in Denver, August 22–25, 2015. Supplylogix will showcase its industry-leading suite of inventory management solutions designed to help clients achieve significant improvements in pharmacy profitability by increasing supply chain efficiency and improving patient satisfaction. (NACDS Booth #422)
With an easy-to-use graphical interface, Pinpoint Performance’s dashboard displays top-level metrics on key performance indicators to allow customers to quickly view the health of their inventory controls that help drive market insights and better understanding of inventory decision outcomes. Users can easily view the data and filter the results to focus on their specific needs with the added flexibility to drill down to district or individual store details.
“In an increasingly competitive marketplace, maintaining proper inventory levels is critical to helping retailers find additional methods of improving their bottom line. With the ability to simultaneously reduce costs and improve customer satisfaction by raising service levels, Supplylogix’s services help drive store-level compliance in support of corporate goals,” said Rick Sage, vice president and general manager, Supplylogix. “Created to easily identify training opportunities for stores not meeting corporate initiatives, as well as reward stores that continually perform at or above goals, the Pinpoint Performance module provides powerful analytics to give customers visibility on execution at store level that will help the chain performance overall.”
About Supplylogix
Founded in 2010, Supplylogix applications process millions of transactions every day on behalf of nearly 10,000 national and regional retail pharmacies. Supplylogix is a high-growth software company that develops and delivers practical supply chain intelligence solutions for pharmacy and related businesses. Supplylogix, a division of McKesson Corporation, is based in Dallas/Fort Worth, Texas, and services a wide array of healthcare providers nationwide. For more information, visit supplylogix.com.
Supplylogix announced today it was named a 2013 Partner in Transformation for Sears Holdings Corp. Supplylogix received the award for results attributed to the company’s pharmacy inventory management and compliance software. The award was presented at Sears Holdings’ 2013 Vendor Summit earlier this month.
Supplylogix, Inc. today announced that Topco Associates LLC, a member owned cooperative, has selected Supplylogix to provide pharmacy inventory management and demand forecasting services. Topco member-owners are currently implementing Supplylogix applications to improve inventory positions and forecast demand for over 60,000 pharmaceutical products sold across more than 1,000 pharmacy locations nationwide.
Supplylogix, Inc. today announced that it has recently entered into a strategic relationship with PDX, Inc. to provide the 10,000 pharmacies using a PDX pharmacy management system with access to Supplylogix’s inventory management and demand forecasting solutions. Lubbock, TX-based grocery chain United Supermarkets, with 44 in-store pharmacies, is a customer of both companies and is planning to use the services available under this new partnership.