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Z5 Inventory Blog

About Z5

The Z5 Inventory blog is brought to you by the geniuses behind Z5 Count,Z5 Analytics and Z5 Optimization services, 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

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

New Client Spotlight: Boston Children's Hospital

6/21/2017
0 Comments Written by Shane Pratt

Z5 software and Z5 provided services will be used to complete a physical inventory count at Boston Children’s Hospital, pictured above.

We're proud to announce that Boston Children’s Hospital has selected Z5 Inventory to perform a physical inventory count within designated areas of the hospital. Our team will coordinate and complete the count using Z5 Count, our iPad app, later this June. 

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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

5 Myths That Lead to Poor Inventory Management

6/6/2017
2 Comments Written by Shane Pratt

Have you heard of Asclepius?

No, he's not one of the new resident physicians.

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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

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

Z5 Inventory Welcomes Baylor Scott & White Medical Center – Lakeway as a Customer

3/2/2017
0 Comments Written by Shane Pratt

Z5 Inventory is pleased to welcome Baylor Scott & White Medical Center – Lakeway to our growing list of thrilled customers.

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Topics: Baylor Scott & White, technology, new client, physical inventory count, growth, Austin, TX, selling medical inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory

“Consignment Is Not My Problem.” Actually, It Is.

4/20/2016
3 Comments Written by Shane Pratt

Inventory management has become a key focus at all healthcare providers as a result of the Affordable Care Act (ACA) and an ever-increasing need for operating capital.

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

How to Take a Bad Inventory Count

2/18/2016
0 Comments Written by Shane Pratt

Year after year some hospital supply chain staff use the same process to complete their inventory counts. Additionally, systems and networks often allow their hospitals to complete their counts by whatever process they're comfortable with. These processes often end up causing employees to work countless hours and be paid overtime, causing many hospitals to lose thousands of dollars of revenue.

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