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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. 

Five To Save | Follow The Leaders | July 2, 2018

7/2/2018

The Z5 piggy bank watching sheep herding on TV.If you're leading your pack, can't you still learn from other people leading theirs?

We've talked before about non-healthcare companies entering the healthcare sphere and all the potential foibles that come with a jump like that. And while it's easy to take that to the extreme - ignoring non-healthcare companies, because what do they know about healthcare - should we dismiss other industries wholesale?

You know the answer.

It turns out there's lots we can take from the leaders of other fields, the people who have made their companies and industries more efficient and more exemplary. 

  1. UPS is getting into the medical device game. (If you don't think you could learn anything from one of the most efficient distribution companies on the planet, we'd love to hear about what you're doing.)
  2. General Motors has put a lot of effort into creating a "supplier code of conduct" that improves sustainability and corporate responsibility.
  3. And how can make sure your supplies are created, shipped, and used responsibly? Visibility, visibility, visibility.
  4. An example closer to home: see how Mercy Health streamlined and standardized the procurement process.
  5. If everything above hasn't spelled it out enough for you, here's a five-step plan to strengthening the healthcare supply chain.

 

Did you like what we found? Did you find anything that we missed? PLEASE comment below, email us, etc. Tell us what you liked. What was helpful. What you’d like to see more of.

 

Headline photo by Z5.

Topics: selling medical inventory, inventory, reallocation, supply chain management, inventory management software, medical supply, five to save, ups, mercy health, visibility, digital supply management, healthcare inventory, buying medical inventory

Alex Diamond

Written by Alex Diamond

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.