On Sept. 27, 2016 Drexel and CIO.com announced H. D. Smith and Kyle Pudenz as one of the recipients of the first Analytics 50 Awards. The Analytics 50 represents the collaboration between CIO.com and Drexel University’s LeBow College of Business.
The goal of the award is to honor 50 executives who are using analytics at their organizations to solve business challenges. A wide range of industries were represented in the award list from pharmaceuticals and insurance to sports and media.
Kyle Pudenz, senior director purchasing, was chosen for this award for the innovative use of FusionOps at H. D. Smith. FusionOps is an application with built-in supply chain analytics that guide global enterprises in reducing cost, increasing revenue and improving customer service. It also uses prescriptive analytics, which provide simulations of different scenarios for a better understanding of the pros and cons of alternative decisions.
After implementing FusionOps, H. D. Smith is better able to anticipate and meet demand and offer service levels that previously could not have been offered. This tool has also enabled H. D. Smith to meet demand 98.5% of the time, while keeping inventory better aligned to what customers will need and when.
The winners will be recognized by Drexel's LeBow College of Business and CIO.com at an Analytics 50 event on Nov. 9, 2016, at Drexel University's Philadelphia campus.
Click here for more information and the full list of honorees.
About H. D. Smith
H. D. Smith is the largest, privately held national wholesaler, with a complete line of healthcare products and solutions to improve patient care. The company creates value and an extraordinary customer experience by impacting the healthcare supply chain. Bridging the gap between manufacturer and patient, H. D. Smith’s specialty solutions division offers a unique suite of strategic programs for patient access on behalf of pharmaceutical suppliers. Headquartered in Springfield, Illinois, H. D. Smith also operates CompleteCare Pharmacy, Smith Medical Partners, Triplefin and Valley Wholesale Drug.