US-based software company Oracle has introduced a radio-frequency identification (RFID) for Replenishment solution as part of its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM).
The solution aims to enhance healthcare supply management by using RFID technology to improve productivity and accuracy.
It uses RFID technologies from Avery Dennison, Terso Solutions and Zebra Technologies to enable automatic usage capturing, stock balance updating and location tracking, as well as trigger restocking for supplies and materials.
By ensuring optimal stock levels are maintained in the correct locations, healthcare organisations can prevent delays and expand inventory insights.
The solution supports RFID tagging for high-value and non-implantable items, RFID-enabled Periodic Automatic Replenishment bins for lower-value supplies, and RFID-enabled cabinets for climate-sensitive products.
This flexibility aims to allow healthcare organisations to track a wide range of medical supplies effectively.
Oracle said that automation is a key benefit of the new system, as it removes the need for manual product counts.
The system triggers a usage update whenever items are removed from RFID-enabled storage locations to maintain accurate stock counts and reduce errors in lot and serial number reporting.
Avery Dennison healthcare senior director Barbara Van Rymenam said: “Our digital identification solutions and RFID inlays have been trusted by the healthcare industry for decades.
“Integration into Oracle’s broader organisation-wide inventory management system means that our joint customers can increase the efficiency of the services they deliver and drive more value for patients.”
Oracle adds new features to its Cloud SCM every three months, with the RFID for Replenishment solution being the latest addition.
These are intended to help customers build resilient supply networks capable of outpacing change by connecting supply chain processes and adapting to changing conditions.
Oracle recently partnered with AvaSure and NVIDIA to create an AI-powered virtual concierge for hospitals and healthcare systems.
