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Healthcare & Life Sciences

Patient care depends on the supply closet being right.

Healthcare inventory isn't about margin—it's about having the right supplies when patients need them. Better Data gives you demand forecasting, par-level optimization, and compliance-grade traceability.

You're balancing patient safety with budget pressure.

Manual processes and disconnected systems create risk you can't afford.

Par levels are set once and never updated—until something stocks out
Expiry waste eats your budget while critical items run low
You can't see inventory across locations until someone calls
Compliance audits mean scrambling for documentation
Every stockout is a patient care issue, not just a revenue issue
Compliance Status
Audit Ready
Expiry Risk
12 Lots
Stockout Alerts
2 Critical

Demand-driven inventory. Built-in audit trails.

Better Data forecasts consumption at the location level, optimizes par levels based on actual usage, and tracks every movement with compliance-grade audit trails.

Consumption Forecasting

Forecast usage by location, department, and item with seasonality detection.

Par Level Optimization

Dynamic par levels that adjust based on actual usage patterns and lead times.

Audit & Traceability

Full chain of custody for every item, ready for regulatory audits in seconds.

The Operating Loop for Healthcare

Commerce Chain Optimization applied to your vertical.

SENSE
  • Consumption-based forecasting by location, department, item
  • Seasonality detection: flu season, procedure scheduling patterns
  • Cold start for new items using similar product curves
DECIDE
  • Par level optimization: dynamic vs. static par based on forecast
  • Priority allocation: critical care items get protection
  • Expiry-aware ATP: what's available and what's expiring soon
EXECUTE
  • Replenishment workflows: automated reorder triggers
  • Internal transfers: move supplies between locations based on demand
  • Cycle counts: perpetual inventory with audit documentation
GOVERN
  • Full audit trails: every receipt, issue, and adjustment
  • Lot and expiry tracking: know exactly what you have and when it expires
  • Role-based access: clinical staff vs. supply chain vs. finance
  • Compliance documentation: ready for Joint Commission and state audits
IMPROVE
  • Consumption accuracy: are you forecasting usage correctly?
  • Expiry waste tracking: how much are you losing to expired stock?
  • Service level metrics: stockout incidents by location and item

Use Cases

01.

Par level optimization

Analyze actual consumption and recommend adjustments—reducing overstock while increasing buffer on critical supplies.

02.

Expiry management

Identify supplies expiring soon and transfer them to higher-consumption locations before they waste.

03.

Multi-location visibility

Consolidated inventory views across all clinics and departments without manual calls.

04.

Audit readiness

Pull full lot genealogy in seconds: receipt, storage, transfer, and issue documentation.

Metrics That Matter

What Better Data shows you.

Stockout incidentsCount of zero-inventory events on critical items
Expiry waste$ value of expired inventory by period
Par accuracy% of items where par matches actual consumption
Fill rate by location% of requisitions fulfilled from on-hand
Audit trail completeness% of movements with full documentation

Ready to bring demand-driven inventory to healthcare?

See how Better Data works for healthcare supply chains. We'll show you consumption forecasting, par optimization, and compliance-grade traceability.

Book a Demo