Streamlining Pharmacy Operations with Tracit360’s Smart Asset Tracking Technology

Pharmacies are at the heart of the healthcare system, responsible for managing medication supplies, ensuring timely dispensing, and safeguarding the accuracy of treatments. However, as pharmacy operations grow increasingly complex, maintaining a smooth workflow becomes challenging. From managing inventory to tracking pharmacy assets, inefficiencies can have serious consequences. Tracit360 is a comprehensive asset tracking solution designed to streamline pharmacy operations, making it easier to manage medications and resources while improving overall efficiency.

Optimising Inventory Management with Tracit360

One of the key operational challenges for pharmacies is managing inventory effectively. Running out of essential medications can delay treatments and put patient safety at risk. On the other hand, overstocking can result in wasted resources, especially if medications expire before they can be used. Tracit360’s real-time inventory management helps pharmacies strike the perfect balance by offering continuous monitoring of stock levels.

Using barcode technology, Tracit360 tracks each medication as it moves through the pharmacy, from the moment it arrives until it is dispensed or disposed of. This level of visibility ensures that pharmacy staff can easily identify which medications are running low and take proactive steps to reorder before stockouts occur. It also helps prevent the overordering of drugs, reducing waste and saving on costs.

Additionally, Tracit360 can monitor the expiration dates of medications, ensuring that older stock is used first. This First In, First Out (FIFO) method is crucial for managing perishable goods like medications, which can lose their potency over time. By optimising stock control, pharmacies can maintain a reliable supply of drugs without the risks of shortages or wastage.

Enhancing Supply Chain Transparency and Control

The pharmacy supply chain is often long and complicated, involving multiple steps before medications reach the patient. From the manufacturer to distribution centres and pharmacy shelves, medications can be delayed, misplaced, or improperly stored, leading to significant operational inefficiencies. Tracit360 offers full supply chain transparency, allowing pharmacies to track each item as it moves through the supply chain.

By encoding medications with GS1-standard barcodes, pharmacies can trace a drug’s journey through every step. This includes knowing when the medication was produced, where it was shipped from, and when it was received at the pharmacy. This level of traceability is especially important when managing high-value or controlled medications, where compliance with regulations is critical.

Furthermore, Tracit360 enables pharmacies to manage deliveries and patient distributions more effectively. Whether it’s a hospital pharmacy delivering medication to patients in different wards or an outpatient pharmacy sending treatments directly to homes, the solution ensures that each delivery is tracked and verified. This minimises the risk of misplaced items and ensures that patients receive their medication on time.

Smart Asset Tracking with RFID Technology

In addition to tracking medications, Tracit360 integrates RFID technology to provide smart asset tracking for larger pharmacy assets like specimen sets, samples, or specialised pharmacy transport bags. These RFID plates are inserted into transport bags, allowing pharmacies to track the location of assets in real-time, ensuring they arrive safely at their intended destination.

Tracit360 also supports specialised transport cases for sensitive materials, including temperature-controlled padded cases that can maintain the correct conditions for laboratory samples. These cases are made from antimicrobial PVC material, which helps to combat 99.9% of bacteria, ensuring safe and sterile transport for sensitive medical products. This level of care ensures that specimens are delivered in ideal conditions, reducing the risk of sample degradation or contamination.

Improving Workflow Efficiency and Resource Allocation

One of the biggest advantages of using Tracit360 is the significant improvement in workflow efficiency. By providing a complete audit trail of medications and assets, the solution reduces the time spent manually tracking items or conducting inventory checks. Pharmacy staff can quickly access the data they need, eliminating bottlenecks and improving the overall speed of operations.

For example, by tracking assets throughout the hospital, Tracit360 minimises the chances of medication or equipment being misplaced. This reduces downtime and ensures that hospital resources, including beds, equipment, and medication, are available when needed. This increased efficiency allows hospitals to discharge patients more quickly, freeing up critical space and ensuring that care is delivered promptly.

Conclusion: Unlocking the Potential of Tracit360 for Pharmacy Efficiency

Pharmacy operations are complex, and inefficiencies can have wide-reaching effects on patient care, operational costs, and resource availability. Tracit360 addresses these challenges by offering a comprehensive solution that enhances inventory management, supply chain transparency, and asset tracking. Whether it’s optimising medication stock, ensuring the secure transport of samples, or improving workflow efficiency, Tracit360 delivers real-time visibility and control over pharmacy operations.

By integrating advanced barcode and RFID technology, Tracit360 helps pharmacies run more smoothly and deliver better patient outcomes, all while minimising waste, reducing costs, and ensuring regulatory compliance.

To learn more about how Bar Code Data Ltd can support your organisation with cutting-edge healthcare solutions, get in touch with our team today. We’re here to help you optimise your operations and enhance patient safety.