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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

Outstanding Healthcare Inventory Awards 2022 - Announcing the Winners

8/9/2022

The official golden badge of the Outstanding Healthcare Inventory Awards including Ziggy the piggy bank and the words Best Of 2022

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, physical inventory count, reallocation, supply chain management, excess inventory, healthcare inventory, steward health care, awards, cycle count, inventory optimization, supply chain innovation, customer service, medical supply transparency, Z5 Inventory partners, outstanding healthcare inventory awards, ohia

Waiting Out Disruption, Plus Other Unsustainable Business Practices | Five To Save

6/1/2022

the Z5 piggy bank stares longingly at an hourglass running out of time under the stenciled words 5 To Save

Supply chain pros are frequently obligated to deprioritize personal and professional goals to address industry shortcomings. Nowhere is that problem more frequent than healthcare.

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Topics: Z5 Count Software, inventory valuation, reallocation, excess inventory, disruption, survey data, healthcare inventory, natural disasters, hospital supply chain, coronavirus, covid-19, career advice, case study, medical supply chain jobs, inventory management system, results, loss and expiration avoidance, climate change, white papers

Suppliers On Life Support: How To Rebalance Healthcare's Supply Chain, Part 3

4/12/2022

an illustration of medical supply shelves finally balanced by keeping needed product and ordering new product from the secondary market

The pandemic impacted you as a healthcare provider almost as much as the communities where you’re providing care.

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Topics: selling medical inventory, selling medical supplies, reallocation, supply chain management, savings, digital supply management, excess inventory, healthcare inventory, buying medical inventory, buying medical supplies, inventory optimization, secondary market, ongoing optimization, loss and expiration avoidance, healthcare industry salaries, supply chain industry salaries, schrödinger's cat, rebalancing inventory, resellers, ecommerce

The Key To Effective CFO-Supply Chain Collaboration | Five To Save

3/22/2022

a group of Z5 Piggy Banks are holding a meeting to discuss the collaboration recommendations in this week's 5 To Save

Consider something that might seem counterintuitive: it can actually be respectful to withhold certain data from others in your healthcare organization.

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Topics: selling medical inventory, supply chain management, five to save, excess inventory, healthcare inventory, top 5 list, buying medical supplies, inventory optimization, collaboration, loss and expiration avoidance, risk analysis, risk assessment, hospital departments, interdepartmental, financial risk, business advice

Sustainable Healthcare Starts In The Supply Chain | Five To Save

3/15/2022

The Z5 Piggy Bank is in the recycling bin this week as we talk about green initiatives in healthcare's supply chain

It's the time of year when everybody is seeing green, so let's take a look at some recent news about how sustainable and efficient healthcare providers are (or aren't).

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Topics: selling medical inventory, reallocation, supply chain management, five to save, excess inventory, disruption, healthcare inventory, waste reduction, top 5 list, donating medical supplies, healthcare logistics, buying medical supplies, awards, coronavirus, covid-19, materials management, sustainability, medical supply procurement, loss and expiration avoidance, climate change, resilience, green initiatives

Shortages Of Supplies, Staff To Worsen | Five To Save

10/12/2021

floating chiclets reveal a series of Z5 Piggy Banks following each other out the door with the words 5 To Save overlayed in white

Hospitals don't have enough medical or human resources to tackle their caseloads. Which begs the question: what do they have enough of? The answer...

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Topics: selling medical inventory, newsletter, reallocation, supply chain management, five to save, excess inventory, disruption, employment, healthcare logistics, buying medical supplies, labor, vaccines, service system for hospital inventory, christmas, inventory management, masks, loss and expiration avoidance

Hospitals Spend Less Time, Save More When Optimizing Medical Supplies with Z5 Inventory

9/21/2021

a preview of the new Z5 Inventory Platform in the form of a mobile app and web dashboard that allows healthcare providers to identify excess inventory quickly and easily

After analyzing years’ worth of project and customer data, we've drastically expanded the capabilities of our software in order to empower health care workers to make informed supply decisions on their own every day.

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Topics: selling medical inventory, supply chain management, digital supply management, excess inventory, press release, healthcare inventory, waste reduction, buying medical supplies, expiration, hospital supply chain, education, service system for hospital inventory, webinar, inventory management, ongoing optimization, ahrmm21, loss and expiration avoidance

The Surprisingly Low Cost of Sustainability: How To Save By Being More Responsible

8/10/2021

trash bags piled on top of one another

Making your normal medical inventory practices a little more sustainable is not only friendlier to the communities you serve, but to your budget, as well.

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Topics: selling medical inventory, savings, excess inventory, buying medical supplies, expiration, pandemic, management of hospital inventory, inventory management, sustainability, environment, secondary market, ongoing optimization

Healthcare Industry Waste Estimates Are Off By Billions

5/18/2021

Garbage bags on an orange background.

Industry estimates put the amount of perfectly good medical product wasted every year around $15 Million. We think they're wrong by about $4.85 Billion.

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Topics: selling medical supplies, reallocation, inventory management software, excess inventory, healthcare inventory, buying medical inventory, waste reduction, hospital supply chain, donations, case study, management of hospital inventory

2 Million Pounds: The Annual Weight of Unused Hospital Supplies | Five To Save

4/27/2021

Z5 Piggy Banks piling up much like excess hospital inventory.

Vaccines are available. Hope is on the horizon. But what does that mean for "getting back to normal?" And is "normal" a good thing to get back to?

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Topics: selling medical inventory, reallocation, five to save, excess inventory, healthcare inventory, buying medical supplies, case study, healthcare supply chain, medical supply chain tracking software, service system for hospital inventory, inventory management system