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.
Continue ReadingWhat I Learned While on the Road
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.
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
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.
Continue ReadingTopics: 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?
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?
Continue ReadingTopics: 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?
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?
Continue ReadingTopics: 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
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!"
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):
- Financial challenges
- Government mandates
- Patient safety and quality
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
Z5 Inventory is pleased to welcome Baylor Scott & White Medical Center – Lakeway to our growing list of thrilled customers.
Continue ReadingTopics: 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.
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.
Continue ReadingTopics: selling medical inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory
How to Take a Bad Inventory Count
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.
Continue ReadingTopics: selling medical inventory, supply chain management, medical supply, digital supply management, healthcare inventory, buying medical inventory