January 5, 2021 – OptiFreight Logistics, a Cardinal Health (Dublin, OH) company, announced the launch of TotalVue Analytics, a tool for healthcare supply chain leaders to utilize predictive technology and data to identify logistics savings and benchmarking.
Leveraging the scale of Cardinal Health, TotalVue Analytics provides health systems with visibility into shipping trends to identify opportunities to reduce freight costs, including inbound shipments from suppliers or outbound shipments from sites of care.
TotalVue Analytics users can monitor comprehensive performance of a logistics management program, including how small changes in shipping decisions can create continued savings. For example, TotalVue Analytics can identify cost savings opportunities such as a supplier that is shipping too many packages overnight, or a location that is not using the program to get shipping discounts. By reviewing consistent data points, health systems can set measurable goals and track performance.
“This solution gives our customers actionable data,” said Melissa Laber, senior vice president and general manager at OptiFreight Logistics. “With full visibility into every shipment, health system leaders can improve their efficiency and tracking and realize substantial long-term cost savings.”
OptiFreight Logistics utilizes machine learning for its benchmarking capability, which is driven by proprietary access to data and insights. “No two hospital systems are exactly alike, so we use the power of machine learning to find the best peers in the industry for comparison,” said Marc Long, director of Business Intelligence at OptiFreight Logistics. “This ensures benchmarks are as accurate as possible and enables more informed, effective logistics management decisions.”