Supply Chain Optimization as a ServiceTM
powered by rightchain.ai
The World's Most Advanced AI-based Supply Chain Optimization and Planning Platforms for Inventory, Transportation, Warehousing, and Supply Chain Management.
RightChain Healthcare
Healthcare. Solved.
Lower Supply Chain Costs | Lower Inventories | Higher Service Levels | Faster Delivery | Quality Optimized
RightChain Healthcare Client Customers
We have been fortunate to support many of the world's largest and most successful healthcare and pharmaceutical manufacturers and distributors. Our healthcare and pharmaceutical client customers include Abbott, BD, Baxter, ConvaTec, Dupont, Invitrogen, McKesson, Owens & Minor, and Perrigo among many others.
RightChain Healthcare Results
RightChain implementations simultaneously increase revenue, reduce expenses and reduce capital charges. The overall result is higher gross margins, higher profitability, and higher return on capital investment.
In supply chain terms, revenue increases via higher fill rates and optimized store delivery frequencies and timing. Expenses are lowered via optimized transportation, warehousing, and sourcing. Supply chain capital charges are decreased via optimized inventory levels, optimized logistics infrastructure designs, and optimized rates.
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Historically RightChain implementations yield the following range of results.
1. Lower Inventory (9% to 36%)
2. Higher Fill Rates (2 to 7 points)
3. Lower Supply Chain Costs (8% to 23%)
4. Faster Retail Response Times (1 to 3 days)
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Examples of results from five large RightChain implementations follow.
Industry's Largest Distributor
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3 points higher gross margin
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28% lower inventory
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3 points higher fill rate
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11% lower supply chain costs
Global Healthcare Devices Company
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14% lower total supply chain costs
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18% lower inventory
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6 points higher fill rate
Global Leading Edge Biopharma
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16% lower total supply chain costs
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27% lower inventory
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4 points higher fill rate
Worldwide
Pharmaceutical Maker
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9% lower logistics cost
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11% lower inventory
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9 points higher shipping accuracy
Premier Health & Beauty Products
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8 points higher perfect order percentage
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24% lower inventory
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17% lower total supply chain costs
Healthcare
Distributor
Healthcare
Devices
High Tech Biopharma
Biopharma Devices
Health and
Beauty Aids
RightChain Healthcare Screenshots
RightChain Healthcare runs on the RightChain Ai platform. The RightChain Ai platform is a fully-scalable, cloud-based, artificial intelligence powered supply chain optimization and planning subscription solution. The platform includes three suites - RightChain Inventory (Inventory Ai, Analytics & Optimization), RightChain Transportation (Transportation Ai, Analytics & Optimization), and RightChain Warehousing (Warehouse Ai, Analytics & Optimization). Examples of RightChain Ai in action are illustrated below.
Delivery Frequency and Logistics Lot Size Optimization
Transport Mode Optimization
Network Optimization
Lane and Flow Path Optimization
Inventory Deployment Optimization
AI-Based Forecast Accuracy Optimization
Warehouse Layout and Material Flow Optimization
Inventory Turn and Fill Rate Optimization
RightChain Healthcare Operations Designs
RightChain's Dr. Ed Frazelle is the author of World-Class Warehousing, the world's best selling book on warehouse design and operations. The book's principles, practices, and optimizations are the guiding forces for hundreds of warehousing and distribution operations world-wide. Many of those are healthcare and pharmaceutical distribution centers. Several of those designs crafted by RightChain are highlighted in the buildings below.
