Z5 Inventory Blog

About Z5

The Z5 Inventory blog is brought to you by the geniuses behind Count, Reallocate, Buy, 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 the ridiculous gifs we found this week. 

Matthew Padon

Vice President, Sales at Z5 Inventory
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Recent Posts

How Your Physical Inventory Can Set You Up for Tremendous Savings

2/6/2018

We have a customer in the Northeast who has about a dozen hospitals. They have used Z5 Count to conduct a number of physical inventories and are very pleased with their results as well as the improvements to the overall inventory process for their staff. Like many hospitals, inventory was a means to an end. Meaning they took a count and posted a number in their financials. Once this was done, they declared victory and moved on to other projects and challenges. Does this sound familiar to you?

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Topics: physical inventory count, selling medical inventory, Z5 Count Software, healthcare, inventory, reallocation, Z5 Reallocate, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

What I Learned While on the Road

8/3/2017

I recently returned from two weeks on the road visiting customers and prospects. I started in Washington, DC, then on to Baltimore, Boston, Cincinnati, and finally Los Angeles. My new favorite motto is: “if you have time to spare, then go by air,” but that is for another blog.

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Topics: selling medical inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory, travel

Your Bottom Line Is Going To Thank You.

6/28/2017

Admit it. You made a mistake. We all make mistakes, right?

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Topics: physical inventory count, selling medical inventory, Z5 Count Software, inventory valuation, inventory audit, healthcare, supply chain, Boston Children's Hospital, new client spotlight, inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

How Are You Going To Meet Your Annual Financial Savings Goal?

6/16/2017

Every year hospitals and hospital staff go through the annual budget process. Departments submit projections for their needs, projects are prioritized and re-prioritized, meetings are held to discuss the merits of each, and at the end of the process, funds get allocated.  

Wouldn’t it be great if it were that easy?

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Topics: physical inventory count, selling medical inventory, buying inventory, selling medical supplies, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

Inventory Counts Are Fun! Don’t You Agree?

6/13/2017

You live in a world filled with boxes, packages, bins, shelves, storage rooms, items out of order, manufacturer name changes, and did I mention the unreadable labels?

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Topics: physical inventory count, selling medical inventory, buying inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

Your Inventory Is Saying A Lot. It's Saying: "I Am Cash!"

3/20/2017

Can inventory counts alleviate the financial challenges listed in the latest ACHE survey?

The Top 3 overall healthcare challenges surveyed across 383 CEOs were as follows (with financial challenges leading the list):

  1. Financial challenges
  2. Government mandates
  3. Patient safety and quality
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Topics: physical inventory count, selling medical inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

5 Ways To Build Your Case for Inventory Management Technology

2/4/2016

A recent article in Becker's Hospital Review outlined the ongoing issues hospitals face with their supply chains. It is no secret that most hospitals struggle to reduce costs in their supply chains and often use an inaccurate and outdated process to complete their inventory counts.

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Topics: selling medical inventory, medical supply, digital supply management, healthcare inventory, buying medical inventory, beckers

2016 Health Care Supply Chain Summit

1/22/2016
Several times a year hospitals, individuals and organizations in the healthcare supply chain industry get together to share best practices, talk about changes in the industry, and to network. Early next week (January 25-26) World Congress will be hosting the 10th Annual Health Care Supply Chain Summit in New Orleans, LA. Continue Reading
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Topics: selling medical inventory, supply chain management, medical supply, healthcare inventory, buying medical inventory

Looking Ahead At 2016

1/12/2016
A new year has begun, and we know many of you are now heading back to work and getting ready for all the different tasks, projects and challenges that lie ahead for 2016. Some of you enjoy completing your work using the same strategies you've been using for years, while others will look for a new or more efficient way to complete your next project.

For the Materials and Supply Chain Managers out there who are looking for a faster, more accurate and easier way to complete your next count, we want to remind you about our innovative platform - Z5 Count, Reallocate, and Buy. These services were designed specifically to streamline perpetual and periodic inventory counts and make your job easier! So before you take your next count, please consider Z5 Inventory. We promise you that you will never take another inventory count the old-fashioned way ever again!

Happy 2016,
The Z5 Inventory Team Continue Reading
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Topics: selling medical inventory, supply chain management, healthcare inventory, buying medical inventory