---
title: "Z5 Inventory's Blog: A dose of the industry news and optimization strategy that healthcare supply chain pros need. | Alex Diamond"
description: Raised in the armpit of East Texas before escaping to the civilization of Austin, Alex is an author and former radio/podcast personality. If you ever run into him, ask him about the day he split his pants in front of the Lone Ranger.
---

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## Z5 Inventory - Blog

# Z5 Inventory Blog

### Subscribe to Email Updates

## About Z5

The Z5 Inventory blog is brought to you by the geniuses behind[Z5 Count,Z5 Analytics and Z5 Optimization services](https://www.z5inventory.com/solutions), which saves hospitals money at every step of your inventory's lifecycle.

Find out how to solve healthcare's $5 Billion inventory waste problem today. Then get back to reading what we have for you from healthcare industry.

 

### Most Recent

## Alex Diamond

![](https://app.hubspot.com/settings/avatar/5f23346361a4a7151541d50f29676d4b)

Raised in the armpit of East Texas before escaping to the civilization of Austin, Alex is an author and former radio/podcast personality. If you ever run into him, ask him about the day he split his pants in front of the Lone Ranger.

Find me on:

<http://facebook.com/z5inventory> <https://www.linkedin.com/in/thatalexdiamond/> <http://twitter.com/z5inventory>

### Recent Posts

## [The Fearless Supply Chain Preps for Natural, Economic Disasters | Five To Save](https://www.z5inventory.com/blog/the-fearless-supply-chain-preps-for-natural-economic-disasters-five-to-save)

 10/18/2022

[0 Comments](https://www.z5inventory.com/blog/the-fearless-supply-chain-preps-for-natural-economic-disasters-five-to-save#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![a Z5 Piggy Bank wears a siren on its head and presses a panic button in a field of colored chiclets](https://www.z5inventory.com/hs-fs/hubfs/FTS%202022%20-%20pig%20panic%20button%20siren.jpg?width=1200&height=627&name=FTS%202022%20-%20pig%20panic%20button%20siren.jpg)

You can throw the keywords "risk," "disruption," "disaster," "cost," "preparation," "prediction," "prevention," "avoidance," and probably a dozen more into a blender and come up with whatever phrase you want to describe the same thing: something bad is going to happen, and you want it to impact you as little as possible. 

[Continue Reading](https://www.z5inventory.com/blog/the-fearless-supply-chain-preps-for-natural-economic-disasters-five-to-save)

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 Topics: [five to save](https://www.z5inventory.com/blog/topic/five-to-save), [disruption](https://www.z5inventory.com/blog/topic/disruption), [hiring](https://www.z5inventory.com/blog/topic/hiring), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [natural disasters](https://www.z5inventory.com/blog/topic/natural-disasters), [crisis prevention](https://www.z5inventory.com/blog/topic/crisis-prevention), [hurricanes](https://www.z5inventory.com/blog/topic/hurricanes), [hospital supply chain](https://www.z5inventory.com/blog/topic/hospital-supply-chain), [emergency preparedness](https://www.z5inventory.com/blog/topic/emergency-preparedness), [coronavirus](https://www.z5inventory.com/blog/topic/coronavirus), [covid-19](https://www.z5inventory.com/blog/topic/covid-19), [infection prevention](https://www.z5inventory.com/blog/topic/infection-prevention), [medical supply chain jobs](https://www.z5inventory.com/blog/topic/medical-supply-chain-jobs), [loss and expiration avoidance](https://www.z5inventory.com/blog/topic/loss-and-expiration-avoidance), [medical and surgical supplies](https://www.z5inventory.com/blog/topic/medical-and-surgical-supplies), [healthcare industry salaries](https://www.z5inventory.com/blog/topic/healthcare-industry-salaries), [supply chain industry salaries](https://www.z5inventory.com/blog/topic/supply-chain-industry-salaries), [supply chain resiliency](https://www.z5inventory.com/blog/topic/supply-chain-resiliency), [supply chain modeling](https://www.z5inventory.com/blog/topic/supply-chain-modeling)

## [Do You Feel Properly Celebrated?: National Health Care Supply Chain Week](https://www.z5inventory.com/blog/do-you-feel-properly-celebrated-national-health-care-supply-chain-week)

 10/4/2022

[0 Comments](https://www.z5inventory.com/blog/do-you-feel-properly-celebrated-national-health-care-supply-chain-week#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![an orange chiclet reveals a pile of chocolate with almonds that somehow relates to National Health Care Supply Chain Week](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20chocolate%20with%20almonds%20holiday.jpg?width=1200&name=Blog%20Header%2022%20-%20chocolate%20with%20almonds%20holiday.jpg)

Every once in a while a made-up holiday like National Bittersweet Chocolate With Almonds Day is actually relevant to you. (Not that chocolate is ever irrelevant.) Let's talk about turning National Health Care Supply Chain Week into something useful. 

[Continue Reading](https://www.z5inventory.com/blog/do-you-feel-properly-celebrated-national-health-care-supply-chain-week)

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 Topics: [reallocation](https://www.z5inventory.com/blog/topic/reallocation), [holidays](https://www.z5inventory.com/blog/topic/holidays), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [burnout](https://www.z5inventory.com/blog/topic/burnout), [labor](https://www.z5inventory.com/blog/topic/labor), [budget](https://www.z5inventory.com/blog/topic/budget), [mental health](https://www.z5inventory.com/blog/topic/mental-health), [hospital logistics](https://www.z5inventory.com/blog/topic/hospital-logistics), [healthcare supply chain](https://www.z5inventory.com/blog/topic/healthcare-supply-chain), [medical supply chain tracking software](https://www.z5inventory.com/blog/topic/medical-supply-chain-tracking-software), [inventory management](https://www.z5inventory.com/blog/topic/inventory-management), [cycle count](https://www.z5inventory.com/blog/topic/cycle-count), [loss and expiration avoidance](https://www.z5inventory.com/blog/topic/loss-and-expiration-avoidance), [psychology](https://www.z5inventory.com/blog/topic/psychology), [2022](https://www.z5inventory.com/blog/topic/2022), [human resources](https://www.z5inventory.com/blog/topic/human-resources), [finance professionals](https://www.z5inventory.com/blog/topic/finance-professionals), [resource management](https://www.z5inventory.com/blog/topic/resource-management)

## [If It's Inventory, You Should Manage It: How To Improve Your Hospital Supply Chain](https://www.z5inventory.com/blog/if-its-inventory-you-should-manage-it-how-to-improve-your-hospital-supply-chain)

 9/27/2022

[0 Comments](https://www.z5inventory.com/blog/if-its-inventory-you-should-manage-it-how-to-improve-your-hospital-supply-chain#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![an orange chiclet reveals two hands playing tug of war over a supply box](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20tug%20of%20war%20over%20box.jpg?width=1200&name=Blog%20Header%2022%20-%20tug%20of%20war%20over%20box.jpg)

This is a surprisingly controversial statement - particularly within healthcare providers - but we stand by it: supply chain management should be managing all supplies. Here’s why… 

[Continue Reading](https://www.z5inventory.com/blog/if-its-inventory-you-should-manage-it-how-to-improve-your-hospital-supply-chain)

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 Topics: [reallocation](https://www.z5inventory.com/blog/topic/reallocation), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [medical logistics](https://www.z5inventory.com/blog/topic/medical-logistics), [hospital supply chain](https://www.z5inventory.com/blog/topic/hospital-supply-chain), [materials management](https://www.z5inventory.com/blog/topic/materials-management), [inventory management](https://www.z5inventory.com/blog/topic/inventory-management), [loss and expiration avoidance](https://www.z5inventory.com/blog/topic/loss-and-expiration-avoidance), [medical devices](https://www.z5inventory.com/blog/topic/medical-devices), [pharmacy inventory](https://www.z5inventory.com/blog/topic/pharmacy-inventory), [hospital pharmacies](https://www.z5inventory.com/blog/topic/hospital-pharmacies), [hospital departments](https://www.z5inventory.com/blog/topic/hospital-departments), [supply chain resiliency](https://www.z5inventory.com/blog/topic/supply-chain-resiliency), [supply chain innovation](https://www.z5inventory.com/blog/topic/supply-chain-innovation), [supply chain visibility](https://www.z5inventory.com/blog/topic/supply-chain-visibility), [subject matter experts](https://www.z5inventory.com/blog/topic/subject-matter-experts)

## [What Hospital Finances Will Look Like In 2023](https://www.z5inventory.com/blog/what-hospital-finances-will-look-like-in-2023)

 9/20/2022

[0 Comments](https://www.z5inventory.com/blog/what-hospital-finances-will-look-like-in-2023#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![The Z5 Piggy Bank in a magic crystal ball surrounded by a fortune teller's hands](https://www.z5inventory.com/hs-fs/hubfs/FTS%202022%20-%20pig%20in%20magic%20crystal%20ball-2.jpg?width=1200&name=FTS%202022%20-%20pig%20in%20magic%20crystal%20ball-2.jpg)

What's better than today's news? Tomorrow's news, of course, so that we can prepare for it today. 

[Continue Reading](https://www.z5inventory.com/blog/what-hospital-finances-will-look-like-in-2023)

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 Topics: [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [five to save](https://www.z5inventory.com/blog/topic/five-to-save), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [predictions](https://www.z5inventory.com/blog/topic/predictions), [operating margins](https://www.z5inventory.com/blog/topic/operating-margins), [hospital supply chain](https://www.z5inventory.com/blog/topic/hospital-supply-chain), [coronavirus](https://www.z5inventory.com/blog/topic/coronavirus), [covid-19](https://www.z5inventory.com/blog/topic/covid-19), [inventory optimization](https://www.z5inventory.com/blog/topic/inventory-optimization), [sustainability](https://www.z5inventory.com/blog/topic/sustainability), [demand modeling](https://www.z5inventory.com/blog/topic/demand-modeling), [climate change](https://www.z5inventory.com/blog/topic/climate-change), [predictive analytics](https://www.z5inventory.com/blog/topic/predictive-analytics), [2022](https://www.z5inventory.com/blog/topic/2022), [medical supply transparency](https://www.z5inventory.com/blog/topic/medical-supply-transparency), [supply chain visibility](https://www.z5inventory.com/blog/topic/supply-chain-visibility), [supply chain modeling](https://www.z5inventory.com/blog/topic/supply-chain-modeling), [hospital finances](https://www.z5inventory.com/blog/topic/hospital-finances)

## [5 Steps To Insuring Your Inventory Initiative’s Success](https://www.z5inventory.com/blog/5-steps-to-insuring-your-inventory-initiatives-success)

 9/13/2022

[0 Comments](https://www.z5inventory.com/blog/5-steps-to-insuring-your-inventory-initiatives-success#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![an orange-tinted healthcare supply chain professional carts boxes through a storage area in an attempt at ongoing optimization](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20clinician%20in%20storage%20area%20vuemed.jpg?width=1200&name=Blog%20Header%2022%20-%20clinician%20in%20storage%20area%20vuemed.jpg)

We’re publishing this article in collaboration with our friends at [VUEMED](https://vuemed.com/), who have encountered the same obstacles we have when trying to implement a new program at a healthcare facility. 

[Continue Reading](https://www.z5inventory.com/blog/5-steps-to-insuring-your-inventory-initiatives-success)

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 Topics: [technology](https://www.z5inventory.com/blog/topic/technology), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [rfid](https://www.z5inventory.com/blog/topic/rfid), [digital supply management](https://www.z5inventory.com/blog/topic/digital-supply-management), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [top 5 list](https://www.z5inventory.com/blog/topic/top-5-list), [hospital logistics](https://www.z5inventory.com/blog/topic/hospital-logistics), [medical supply chain tracking software](https://www.z5inventory.com/blog/topic/medical-supply-chain-tracking-software), [inventory optimization](https://www.z5inventory.com/blog/topic/inventory-optimization), [collaboration](https://www.z5inventory.com/blog/topic/collaboration), [ongoing optimization](https://www.z5inventory.com/blog/topic/ongoing-optimization), [loss and expiration avoidance](https://www.z5inventory.com/blog/topic/loss-and-expiration-avoidance), [2022](https://www.z5inventory.com/blog/topic/2022), [pharmacy inventory](https://www.z5inventory.com/blog/topic/pharmacy-inventory), [supply chain resiliency](https://www.z5inventory.com/blog/topic/supply-chain-resiliency), [supply chain innovation](https://www.z5inventory.com/blog/topic/supply-chain-innovation), [checklists](https://www.z5inventory.com/blog/topic/checklists), [scanning devices](https://www.z5inventory.com/blog/topic/scanning-devices), [supply chain visibility](https://www.z5inventory.com/blog/topic/supply-chain-visibility), [vuemed](https://www.z5inventory.com/blog/topic/vuemed), [how to](https://www.z5inventory.com/blog/topic/how-to)

## [Hospitals Are Bogged Down With Too Many Inventory Management Methods](https://www.z5inventory.com/blog/hospitals-are-bogged-down-with-too-many-inventory-management-methods)

 9/6/2022

[0 Comments](https://www.z5inventory.com/blog/hospitals-are-bogged-down-with-too-many-inventory-management-methods#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![an orange chiclet surrounding a storm of falling calculators](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20falling%20calculators.jpg?width=1200&name=Blog%20Header%2022%20-%20falling%20calculators.jpg)

Are you sure that the methods you're using to count and audit your supplies are the most effective? 

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## [Is The Healthcare Industry Recession-Proof? | Five To Save](https://www.z5inventory.com/blog/is-the-healthcare-industry-recession-proof-five-to-save)

 8/30/2022

[0 Comments](https://www.z5inventory.com/blog/is-the-healthcare-industry-recession-proof-five-to-save#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![Ziggy the Z5 Piggy Bank is outweighed by the white, stenciled words 5 To Save on old-fashioned scales](https://www.z5inventory.com/hs-fs/hubfs/FTS%2022%20pig%20bank%20on%20scales.jpg?width=1200&name=FTS%2022%20pig%20bank%20on%20scales.jpg)

Is your supply chain stable? Are healthcare providers immune to Betteridge's Law? These and other questions answered by this blog (and your common sense). 

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 Topics: [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [amazon](https://www.z5inventory.com/blog/topic/amazon), [five to save](https://www.z5inventory.com/blog/topic/five-to-save), [disruption](https://www.z5inventory.com/blog/topic/disruption), [survey data](https://www.z5inventory.com/blog/topic/survey-data), [hiring](https://www.z5inventory.com/blog/topic/hiring), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [supplier relationships](https://www.z5inventory.com/blog/topic/supplier-relationships), [pandemic](https://www.z5inventory.com/blog/topic/pandemic), [medical supply chain jobs](https://www.z5inventory.com/blog/topic/medical-supply-chain-jobs), [inventory management](https://www.z5inventory.com/blog/topic/inventory-management), [medical supply procurement](https://www.z5inventory.com/blog/topic/medical-supply-procurement), [medical and surgical supplies](https://www.z5inventory.com/blog/topic/medical-and-surgical-supplies), [medical devices](https://www.z5inventory.com/blog/topic/medical-devices), [healthcare industry salaries](https://www.z5inventory.com/blog/topic/healthcare-industry-salaries), [supply chain industry salaries](https://www.z5inventory.com/blog/topic/supply-chain-industry-salaries), [benefits](https://www.z5inventory.com/blog/topic/benefits), [healthcare professionals](https://www.z5inventory.com/blog/topic/healthcare-professionals), [supply chain visibility](https://www.z5inventory.com/blog/topic/supply-chain-visibility), [savings goals](https://www.z5inventory.com/blog/topic/savings-goals), [use cases](https://www.z5inventory.com/blog/topic/use-cases)

## [Time To Get The (Wrong) Data Out Of Your Annual Inventory Valuation](https://www.z5inventory.com/blog/time-to-get-the-wrong-data-out-of-your-annual-inventory-valuation)

 8/23/2022

[0 Comments](https://www.z5inventory.com/blog/time-to-get-the-wrong-data-out-of-your-annual-inventory-valuation#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![gloved hands examine a drawer of medical supplies behind floating colored chiclets](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20gloved%20hands%20counting%20product.jpg?width=1200&name=Blog%20Header%2022%20-%20gloved%20hands%20counting%20product.jpg)

Fall coming probably means that you have a giant physical inventory project coming, too. Just between friends, though, you're probably doing it wrong. 

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 Topics: [Baylor Scott & White](https://www.z5inventory.com/blog/topic/baylor-scott-white), [physical inventory count](https://www.z5inventory.com/blog/topic/physical-inventory-count), [inventory valuation](https://www.z5inventory.com/blog/topic/inventory-valuation), [reallocation](https://www.z5inventory.com/blog/topic/reallocation), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [steward health care](https://www.z5inventory.com/blog/topic/steward-health-care), [hospital logistics](https://www.z5inventory.com/blog/topic/hospital-logistics), [healthcare supply chain](https://www.z5inventory.com/blog/topic/healthcare-supply-chain), [accounting](https://www.z5inventory.com/blog/topic/accounting), [pharmacy inventory](https://www.z5inventory.com/blog/topic/pharmacy-inventory), [annual inventory](https://www.z5inventory.com/blog/topic/annual-inventory), [hospital pharmacies](https://www.z5inventory.com/blog/topic/hospital-pharmacies), [inventory count software](https://www.z5inventory.com/blog/topic/inventory-count-software), [business advice](https://www.z5inventory.com/blog/topic/business-advice), [supply chain resiliency](https://www.z5inventory.com/blog/topic/supply-chain-resiliency), [white papers](https://www.z5inventory.com/blog/topic/white-papers), [mobile inventory management](https://www.z5inventory.com/blog/topic/mobile-inventory-management), [fiscal year end](https://www.z5inventory.com/blog/topic/fiscal-year-end), [reverse logistics](https://www.z5inventory.com/blog/topic/reverse-logistics), [cfo](https://www.z5inventory.com/blog/topic/cfo), [supply chain visibility](https://www.z5inventory.com/blog/topic/supply-chain-visibility)

## [Healthcare CEOs Just Don't Want To Work Anymore | Five To Save](https://www.z5inventory.com/blog/healthcare-ceos-just-dont-want-to-work-anymore-five-to-save)

 8/16/2022

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![White text reading 5 To Save overlaid on a picture of several piggy banks following each other toward a door and exiting an office](https://www.z5inventory.com/hs-fs/hubfs/FTS%2022%20-%20pig%20follow%20trail%20exit.jpg?width=1200&name=FTS%2022%20-%20pig%20follow%20trail%20exit.jpg)

Actually, with the healthcare labor market as fraught as it is right now, we could probably all use some advice on finding the jobs we want and keeping the coworkers we like. 

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 Topics: [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [five to save](https://www.z5inventory.com/blog/topic/five-to-save), [disruption](https://www.z5inventory.com/blog/topic/disruption), [communication](https://www.z5inventory.com/blog/topic/communication), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [healthcare legislation](https://www.z5inventory.com/blog/topic/healthcare-legislation), [operating margins](https://www.z5inventory.com/blog/topic/operating-margins), [government](https://www.z5inventory.com/blog/topic/government), [labor](https://www.z5inventory.com/blog/topic/labor), [hospital logistics](https://www.z5inventory.com/blog/topic/hospital-logistics), [collaboration](https://www.z5inventory.com/blog/topic/collaboration), [climate change](https://www.z5inventory.com/blog/topic/climate-change), [hospital industry studies](https://www.z5inventory.com/blog/topic/hospital-industry-studies), [ahrmm22](https://www.z5inventory.com/blog/topic/ahrmm22), [outstanding healthcare inventory awards](https://www.z5inventory.com/blog/topic/outstanding-healthcare-inventory-awards), [ohia](https://www.z5inventory.com/blog/topic/ohia)

## [Outstanding Healthcare Inventory Awards 2022 - Announcing the Winners](https://www.z5inventory.com/blog/outstanding-healthcare-inventory-awards-2022-announcing-the-winners)

 8/9/2022

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![The official golden badge of the Outstanding Healthcare Inventory Awards including Ziggy the piggy bank and the words Best Of 2022](https://www.z5inventory.com/hs-fs/hubfs/Z5%20Blog%20image_award%20badge%202022.jpeg?width=1200&name=Z5%20Blog%20image_award%20badge%202022.jpeg)

Congratulations to all the healthcare supply chain organizations and professionals whose innovation and excellence earned them a spot among the nation's best and most efficient. 

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 Topics: [Baylor Scott & White](https://www.z5inventory.com/blog/topic/baylor-scott-white), [physical inventory count](https://www.z5inventory.com/blog/topic/physical-inventory-count), [reallocation](https://www.z5inventory.com/blog/topic/reallocation), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [excess inventory](https://www.z5inventory.com/blog/topic/excess-inventory), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [steward health care](https://www.z5inventory.com/blog/topic/steward-health-care), [awards](https://www.z5inventory.com/blog/topic/awards), [cycle count](https://www.z5inventory.com/blog/topic/cycle-count), [inventory optimization](https://www.z5inventory.com/blog/topic/inventory-optimization), [supply chain innovation](https://www.z5inventory.com/blog/topic/supply-chain-innovation), [customer service](https://www.z5inventory.com/blog/topic/customer-service), [medical supply transparency](https://www.z5inventory.com/blog/topic/medical-supply-transparency), [Z5 Inventory partners](https://www.z5inventory.com/blog/topic/z5-inventory-partners), [outstanding healthcare inventory awards](https://www.z5inventory.com/blog/topic/outstanding-healthcare-inventory-awards), [ohia](https://www.z5inventory.com/blog/topic/ohia)

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