Be prepared for seasonal changes that affect hospital inventory needsPosted:Sep 13th, 2018 11:20 am
Smart inventory management does more with lessPosted:Sep 7th, 2018 2:42 pm
Healthcare inventory management will never be entirely predictable. Accidents don’t adhere to a schedule. But the utilization of supplies in a hospital is affected by seasonal changes, and if you have the data to understand how those seasons affect supply management in hospitals, you can ensure you’re prepared for whatever may come.
We’re not just talking about the four seasons we’re all familiar with, though northern hospitals are certainly more likely to see car crash-related in... Read More
When it comes to hospital inventory, sometimes more is just morePosted:Aug 17th, 2018 12:30 pm
“Do more with less” is a common directive in the modern hospital. And because a hospital’s second biggest expense, after labor, is inventory, supply chain professionals are always looking for ways to ensure clinicians have the supplies they need — when and where they need them — and that hospital supply chain solutions minimize time spent stocking and restocking shelves.
That was the challenge at Grand View Health, a highly-regarded hospital in the Philadelphia area. They came t... Read More
More inventory is not necessarily better. Effectively managing supply chain or inventory within a hospital or health system can have a significant impact on that organization’s financial success and on staff workflows and satisfaction. Consider the following:
Supply chain is currently the second biggest expense for hospitals, behind salaries and labor expenses.
Keeping shelves stocked accounts for roughly 30 percent of hospital operations, and costs continue to grow.
The Association for... Read More