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Ryder System received recognition as one of Supply & Demand Chain Executive's Top Supply Chain Projects for 2023.
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Ryder's success stems from its fully integrated, customized solution tailored to a prominent Midwest healthcare system.
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The company's approach addresses vital supply chain challenges, enhancing efficiency and real-time visibility within the healthcare organization.
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Within six months of implementing Ryder's solution, the healthcare network achieved remarkable results and 100% inventory control.
Ryder System, Inc. has been recognized among Supply & Demand Chain Executive's Top Supply Chain Projects for 2023. The company achieved this accolade by successfully implementing a fully integrated, customized solution for a prominent Midwest healthcare system. This innovative solution addressed critical supply chain challenges, improving efficiency and real-time visibility across the healthcare organization's operations.
Ryder embarked on a transformative journey by constructing an advanced 416,000-square-foot central distribution center exclusively for medical devices, pharmaceuticals, and essential supplies. This meticulously engineered facility meets the intricate demands of the healthcare sector. The company introduced a dedicated outbound transportation network, characterized by its exceptional efficiency and furnished with drivers who underwent specialized training to cater to the healthcare system's distinct needs. Additionally, this comprehensive solution establishes and oversees a highly skilled workforce.
Ryder diligently recruited, trained, and managed a team of professionals who were unwavering in their commitment to continuous improvement, ensuring operational efficiency and maintaining service levels at the highest standards across the entirety of the healthcare supply chain. The company’s holistic approach encompassed the integration of cutting-edge technology and process enhancements. Implementing AutoStore, an automated storage and retrieval system, is a pivotal step within the distribution center, effectively expanding storage capacity while ensuring round-the-clock order fulfillment. The integration of 1.3 miles of conveyors significantly bolstered the speed and reliability of the entire supply chain.
The hospital network achieved exceptional results within six months of implementing Ryder's fully integrated and customized solution. These outcomes included an impressive 98% fill rate, significantly up from the initial 90%, demonstrating the efficiency improvements gained. Additionally, Ryder's solution achieved a remarkable 99% on-time delivery rate, ensuring timely access to critical supplies. The implementation also led to 100% inventory control, providing comprehensive management and tracking of medical assets.
Steve Sensing, President of Supply Chain Solutions at Ryder, said,
“From the warehouse to the point of delivery at the hospital, our RyderShare technology ensures everyone knows exactly what is in each delivery, down to each tote in the truck. That’s a key differentiator, especially when you’re dealing with critical and life-saving supplies. We can help other healthcare organizations gain greater control over their supply chains while also lowering costs and improving patient care.”
[Source – Business Wire]