Warning: Undefined array key "scheme" in /var/www/wordpress/wp-includes/media.php on line 5526

Warning: Undefined array key "scheme" in /var/www/wordpress/wp-includes/media.php on line 5527

Deprecated: str_replace(): Passing null to parameter #2 ($replace) of type array|string is deprecated in /var/www/wordpress/wp-includes/media.php on line 5527

Healthcare

Source supplies, equipment, and services while maintaining strict compliance standards

Lasso procurement software tailored for the healthcare industry addresses the critical needs of sourcing medical supplies, equipment, and services while ensuring compliance, patient safety, and operational efficiency.

Regulatory Compliance:
Embed strict standards (e.g., HIPAA, FDA, Joint Commission) into procurement workflows, ensuring medical supplies, pharmaceuticals, and equipment meet safety and legal requirements. Digital records simplify audits.

Timely Availability of Supplies:
Coordinate procurement of critical items—like PPE, medications, or surgical tools—with patient care schedules, ensuring no shortages disrupt treatments or procedures.

Cost Control:
Monitor spending on high-cost items—like imaging machines, implants, or drugs—against budgets. Analytics identify savings opportunities, such as bulk discounts or generic alternatives, without compromising quality.

Supplier Reliability:
Track vendors for delivery reliability, product quality, and compliance (e.g., sterile goods certification), ensuring a steady supply chain for essential healthcare needs.

Enhanced Traceability:
Maintain detailed records of sourced items—lot numbers, expiration dates, and supplier origins—for rapid recalls or quality assurance, critical for patient safety and regulatory adherence.

Quality Assurance:
Integrate specifications for medical-grade products into orders (e.g., sterilization standards, dosage accuracy), ensuring procured items meet clinical requirements.

Support for Patient Care:
Streamline procurement of specialized items—like prosthetics or diagnostic kits—freeing up healthcare staff to focus on patients rather than administrative delays.

Data Security:
Protect sensitive procurement data—like patient-related purchases or supplier contracts—with robust permissions and encryption, critical in a privacy-focused industry.

Get started with lasso!

Edit Template

Warning: Undefined array key "scheme" in /var/www/wordpress/wp-includes/media.php on line 5526

Warning: Undefined array key "scheme" in /var/www/wordpress/wp-includes/media.php on line 5527

Deprecated: str_replace(): Passing null to parameter #2 ($replace) of type array|string is deprecated in /var/www/wordpress/wp-includes/media.php on line 5527

Healthcare

Source supplies, equipment, and services while maintaining strict compliance standards

Lasso procurement software tailored for the healthcare industry addresses the critical needs of sourcing medical supplies, equipment, and services while ensuring compliance, patient safety, and operational efficiency.

Regulatory Compliance:
Embed strict standards (e.g., HIPAA, FDA, Joint Commission) into procurement workflows, ensuring medical supplies, pharmaceuticals, and equipment meet safety and legal requirements. Digital records simplify audits.

Timely Availability of Supplies:
Coordinate procurement of critical items—like PPE, medications, or surgical tools—with patient care schedules, ensuring no shortages disrupt treatments or procedures.

Cost Control:
Monitor spending on high-cost items—like imaging machines, implants, or drugs—against budgets. Analytics identify savings opportunities, such as bulk discounts or generic alternatives, without compromising quality.

Supplier Reliability:
Track vendors for delivery reliability, product quality, and compliance (e.g., sterile goods certification), ensuring a steady supply chain for essential healthcare needs.

Enhanced Traceability:
Maintain detailed records of sourced items—lot numbers, expiration dates, and supplier origins—for rapid recalls or quality assurance, critical for patient safety and regulatory adherence.

Quality Assurance:
Integrate specifications for medical-grade products into orders (e.g., sterilization standards, dosage accuracy), ensuring procured items meet clinical requirements.

Support for Patient Care:
Streamline procurement of specialized items—like prosthetics or diagnostic kits—freeing up healthcare staff to focus on patients rather than administrative delays.

Data Security:
Protect sensitive procurement data—like patient-related purchases or supplier contracts—with robust permissions and encryption, critical in a privacy-focused industry.

Get started with lasso!

Edit Template

Radio Frequency Identification (RFID)

What is RFID?

Radio Frequency Identification (RFID) is a wireless technology that uses electromagnetic fields to automatically identify and track objects. RFID systems consist of three main components:

  • Tags: Small devices attached to or embedded in objects, containing a microchip and antenna to store and transmit data.

  • Readers: Devices that send radio signals to communicate with RFID tags and retrieve their data.

  • Software: Systems that process the data collected by readers for inventory tracking, analytics, and decision-making.

Unlike traditional barcodes, RFID tags don’t require a direct line of sight to be read, allowing for faster and more automated data collection. Tags can be passive (powered by the reader’s signal) or active (battery-powered for longer range).

How RFID Works in the Supply Chain

RFID technology is a game-changer for supply chain management, providing real-time visibility and control over goods as they move from manufacturers to consumers. Here’s how it works:

  1. Tagging Assets: Products, pallets, or containers are equipped with RFID tags containing unique identifiers and relevant data, such as product details, origin, or expiration dates.

  2. Automated Tracking: As tagged items move through the supply chain—warehouses, distribution centers, or retail stores—RFID readers capture data automatically, often in bulk, without manual scanning.

  3. Data Integration: The collected data is sent to supply chain management software, enabling real-time inventory tracking, demand forecasting, and analytics.

Benefits of RFID in Supply Chain Management

RFID offers several advantages that streamline supply chain operations:

  • Improved Inventory Accuracy: RFID enables near-real-time inventory updates, reducing errors and discrepancies compared to manual or barcode-based systems.

  • Enhanced Visibility: With RFID, businesses can track goods at every stage of the supply chain, from production to point of sale, improving transparency and traceability.

  • Increased Efficiency: Automated data capture speeds up processes like receiving, picking, and shipping, reducing labor costs and operational delays.

  • Loss Prevention: RFID helps detect and prevent theft or loss by monitoring goods throughout the supply chain.

  • Better Customer Experience: Accurate inventory data ensures products are available when customers need them, minimizing stockouts and improving satisfaction.

Real-World Applications

RFID is widely used across industries to optimize supply chain processes:

  • Retail: Retailers like Walmart use RFID to manage inventory in stores and warehouses, ensuring shelves are stocked and reducing out-of-stock scenarios.

  • Logistics: Shipping companies track containers and pallets in real time, improving delivery accuracy and reducing transit delays.

  • Pharmaceuticals: RFID ensures the traceability of drugs, helping combat counterfeiting and ensuring compliance with regulations.

  • Manufacturing: Manufacturers use RFID to monitor raw materials and finished goods, streamlining production and reducing waste.

Challenges of RFID Adoption

While RFID offers significant benefits, there are challenges to consider:

  • Cost: Implementing RFID systems, including tags, readers, and software, can be expensive, especially for small businesses.

  • Integration: Integrating RFID with existing supply chain systems may require significant time and technical expertise.

  • Data Management: The vast amount of data generated by RFID systems requires robust analytics and storage solutions.

The Future of RFID in Supply Chains

As technology advances, RFID is becoming more affordable and accessible. Innovations like smaller, cheaper tags and integration with IoT (Internet of Things) and AI are expanding its potential. In the future, RFID could enable fully automated supply chains, where goods are tracked seamlessly from production to delivery, with minimal human intervention.

Get started with lasso!

Modern Procurement Software for SMB Manufacturers

Address

(334) 469-5555 6222 Grange Forge Rd Red Level, Alabama(AL), 36474

Quick Links

Success Stories

Book a Session

Payment Options

Terms & Conditions

Testimonials

E-books Download

© 2025 Lasso Supply Chain Software LLC

Get the 2025 Procurement Trends Report

Get instant access to our report on the Top Procurement Trends of 2025.