Inventory Management

Improve Patient Safety and Outcomes

Genesis Inventory management system has been designed by the healthcare market for the healthcare market. Our software gives you complete visibility of your Hospitals supply chain from procurement to the patient - giving you the control to make better business decisions.

The Genesis system can give you a real time and accurate value of your total hospital Inventory for which can be analysed to give you Inventory levels at a department, ward and most importantly shelf or cupboard level. The ability to analyse the Inventory in greater detail gives you the control to look at your inventory from multiple angles:

Clinician going through delivery on Genesis

Inventory expiration costs hospitals million each year in unnecessary wastage, the Genesis system gives you the ability to understand the exposure you have to this risk and allow you to transfer the Inventory to a location where usage is more likely. In addition, this system offers vital protection to the patients and practitioners alerting the end user to the fact that the stock is expired preventing associated dangers to patients.

Understanding the supply chain allows you to determine the optimal level of stock that should be held within each department reducing the amount of inventory a Hospital holds which releases vital cash.

Automation is a key component of an Inventory management system. It allows you to set pre-determined minimum and maximum stock levels across all departments therefore significantly reducing the amount of time a clinician needs to spend completing Inventory Management duties allowing them to spend more time with patients.

In is widely accepted that annual stock counts take up a huge amount of hospital time. Genesis has proven that by design it is able to completely remove this annual exercise and can provide you with a real time hospital inventory through with a simple click.

Variation in clinical practice can increase costs and potentially put patients at risk. The information that Genesis can provide allows you to identify areas that are still using products that are incompliant with standardized practices.

Genesis Helped Improve Safety and Efficiency in Orthopaedics at University Hospitals Plymouth NHS Trust

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Business Analytics

Master your business operations with real-time, drill-down cost analyses and easy data sharing.

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