WaveMark’s inventory management solution, WaveMark CIMS™, will manage 5,000 high-value medical instruments and products at the prestigious Tufts Medical Center in Boston. Specifically, the solution will be used in the hospital’s Interventional Radiology, Adult and Pediatric Cath Labs, and EP Lab to provide better visibility of product location and availability. The system relies on RFID-enabled cabinets and Point of Service readers for real-time inventory management.
According to the hospital’s director of supply chain management, Steve Cashton, “we needed to reduce inventory levels in all areas by at least 20% in order to reallocate those resources to other critical needs. In addition, we wanted to trim the operating budget and reduce write-offs, without adversely impacting patient safety and clinical workflow.”