Global Standards: What’s in it for me?

Hospitals, Healthcare Facilities, and Institutional & Retail Pharmacies

"In addition to providing significant efficiencies and reduced costs, global standards support our healthcare professionals in the delivery of quality care, eliminating the need to re-label products within the healthcare system and enhancing patient safety measures through the capacity for product traceability,"

--Joan McLaughlin, Chief Supply Chain Officer and Director Support Services, St. Michael’s Hospital

Benefits of Global Standards:

• Reduction in medication errors through efficient automatic identification: the right product for the right patient at the right time through the right route and in the right dose
• Verification of patient identification (surgery, medication administration …)
• Efficient traceability
• Efficient product authentication
• More time to consult directly with patients
• Cost reduction through increased supply chain efficiency:
• Improved order and invoice process
• Optimized receiving
• Reduced inventory
• Increased productivity
• Improved product recall
• Improved shelf management
• Improved service levels/fill rate
• Improved benchmarking and management of supply cost
• Eliminates need for re-labelling and proprietary codes