Stanley Healthcare will launch SpaceTRAX Material Management System at Medica Healthcare Exhibition

FRAMINGHAM, Mass., November 8, 2011Stanley Healthcare Europe, a business of Stanley Black & Decker, Inc., will launch SpaceTRAX NoCount™ at MEDICA in Düsseldorf, Germany on November 16-19. MEDICA is the world’s largest medical trade fair with more than 4,300 exhibitors and 137,000 visitors. Stanley Healthcare is a provider of complete solutions for hospital logistics. Our experts will be available on stand 13B08 to give all interested visitors a demonstration of the SpaceTRAX™ suite of material management software. Our stand will also feature the Scan Modul™ product line for modular hospital storage and transport. SpaceTRAX™ SpaceTRAX™ is our software to improve the material management at hospitals by reducing excess inventory, increasing charge capture, eliminating losses due to expired items, and increasing inventory turns. SpaceTRAX NoCount™ is a specialized replenishment software application that brings RFID (Radio Frequency Identification) technology to the process of replenishing supplies in hospital user departments. Allowing the utilization of both RFID and bar code technologies, SpaceTRAX NoCount™ is an ideal data gathering tool used to identify the replenishment needs of the various storage areas while minimizing the involvement of staff from both clinical and service departments. The flexibility and scalability of SpaceTRAX NoCount™ allows the system to fit perfectly into the existing supply chain infrastructure of any hospital as a logistical support tool for optimal planning of production and item deliveries. Also, it can serve as an “engine” for exchange of demand information to the hospital’s material management application to enable it to generate requisitions for stock and non-stock items. SpaceTRAX NoCount™ has been specifically designed to support the 2-bin (Kanban) replenishment method, a leading practice recognized internationally in the healthcare sector. The 2-bin replenishment system greatly simplifies the process used to determine supply needs. When compared to other replenishment systems, the 2-bin method stands apart, because it requires no inventory taking (no count) or verification when needs are being identified. Moreover, this system significantly improves the level of service delivered, assures improved control of stock levels in storage areas, and facilitates stock rotation, an essential step in preventing product expiry. By combining SpaceTRAX NoCount™ with the proven 2-bin inventory concept you will achieve the goal of always having the right items, in the right quantity, at the right time and right place. Documented key figures from hospitals already using SpaceTRAX NoCount™ show the following benefits:

  • Recurring productivity gains: • Clinical Staff: 100% • Supply Staff: 21%
  • Supply-related gains: • Inventory reduction: 30% • Shrinkage reduction: 90 %
  • Storage space-related gains: • Space reduction: 22%

We also offer other technology solutions for material management, e.g. the SpaceTRAX Point of Use™ version that is specifically optimized for managing high cost medical devices and implants. Product lines from Stanley Healthcare to be shown at MEDICA:

  • SpaceTRAX™ material management software
  • RFID replenishment panels
  • TopLine™ cabinets
  • ScanCell™ trolleys and carts
  • ScanMo™ and Quick-Wire™ racking
  • Resident Safety and Patient Security products

For more information please visit www.stanleyhealthcare.com. About Stanley Healthcare Europe Stanley Healthcare is a leading provider of supply chain solutions in the healthcare market. We offer a full range of products including high quality storage cabinets, open shelving and storage racks, mobile supply and procedure trolleys, and inventory management/RFID systems to maximize storage space and increase efficiency of storage organization. Stanley Healthcare Europe is based on the former Scan Modul System™. In the early 1970s, we introduced our revolutionary modular storage concept. In fact, the ISO standard for 400x600mm modules is based on this system, which we named the “Scan Modul System™”. Offering best in class healthcare storage and inventory solutions for over 100 years, Stanley Healthcare works to maximize storage space, improve productivity, cut costs and increase revenue. The use of a modular system throughout the process produces a smoother and more efficient system. This eliminates double handling, reduces risk of cross-contamination and improves stock management. Download the press release: Stanley Healthcare WILL LAUNCH SpaceTRAX™ MATERIAL MANAGEMENT SYSTEM AT MEDICA HEALTHCARE EXHIBITION

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