This is a surprisingly controversial statement - particularly within healthcare providers - but we stand by it: supply chain management should be managing all supplies. Here’s why…
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Topics: reallocation, supply chain management, healthcare inventory, medical logistics, hospital supply chain, materials management, inventory management, loss and expiration avoidance, medical devices, pharmacy inventory, hospital pharmacies, hospital departments, supply chain resiliency, supply chain innovation, supply chain visibility, subject matter experts
Fall coming probably means that you have a giant physical inventory project coming, too. Just between friends, though, you're probably doing it wrong.
Continue ReadingTopics: Baylor Scott & White, physical inventory count, inventory valuation, reallocation, healthcare inventory, steward health care, hospital logistics, healthcare supply chain, accounting, pharmacy inventory, annual inventory, hospital pharmacies, inventory count software, business advice, supply chain resiliency, white papers, mobile inventory management, fiscal year end, reverse logistics, cfo, supply chain visibility
Short staffing. Short supply levels. Long transit times. If healthcare providers keep treating these issues as temporary, their consequences will only last longer and recur more frequently.
Continue ReadingTopics: selling medical inventory, inventory management software, disruption, natural disasters, supplier relationships, buying medical supplies, shipping, coronavirus, ppe, covid-19, hospital logistics, materials management, manufacturing, medical supply procurement, pharmacy inventory, hospital pharmacies
Pharmacies have the ability to use their inventory data to produce much more than a list of quantities and values. Whether they’re independent or part of a hospital, most pharmacies could be experiencing massive savings, but most don’t realize they already have all the resources necessary.
Continue ReadingTopics: physical inventory count, selling medical inventory, Z5 Count Software, inventory valuation, reallocation, drug shortages, buying medical supplies, service system for hospital inventory, cycle count, medical and surgical supplies, pharmacy inventory, pharmacies, annual inventory, hospital pharmacies, inventory count software