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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

The Fearless Supply Chain Preps for Natural, Economic Disasters | Five To Save

10/18/2022

a Z5 Piggy Bank wears a siren on its head and presses a panic button in a field of colored chiclets

You can throw the keywords "risk," "disruption," "disaster," "cost," "preparation," "prediction," "prevention," "avoidance," and probably a dozen more into a blender and come up with whatever phrase you want to describe the same thing: something bad is going to happen, and you want it to impact you as little as possible. 

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Topics: five to save, disruption, hiring, healthcare inventory, natural disasters, crisis prevention, hurricanes, hospital supply chain, emergency preparedness, coronavirus, covid-19, infection prevention, medical supply chain jobs, loss and expiration avoidance, medical and surgical supplies, healthcare industry salaries, supply chain industry salaries, supply chain resiliency, supply chain modeling

If It's Inventory, You Should Manage It: How To Improve Your Hospital Supply Chain

9/27/2022

an orange chiclet reveals two hands playing tug of war over a supply box

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

What Hospital Finances Will Look Like In 2023

9/20/2022

The Z5 Piggy Bank in a magic crystal ball surrounded by a fortune teller's hands

What's better than today's news? Tomorrow's news, of course, so that we can prepare for it today.

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Topics: supply chain management, five to save, healthcare inventory, predictions, operating margins, hospital supply chain, coronavirus, covid-19, inventory optimization, sustainability, demand modeling, climate change, predictive analytics, 2022, medical supply transparency, supply chain visibility, supply chain modeling, hospital finances

Announcing: The 2022 Outstanding Healthcare Inventory Awards

7/19/2022

Outstanding Healthcare Inventory Awards trophies marked 1st, 2nd, and 3rd are arranged on an orange chiclet with variously colored smaller chiclets floating nearby

We've got gold piggy banks to give away to the best and most innovative supply chains in the country.

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Topics: inventory management software, innovation, visibility, communication, healthcare inventory, awards, hospital supply chain, collaboration, financial risk, supply chain resiliency, supply chain innovation, cost reduction, certified gold, Z5 Inventory partners, piggy banks, american healthcare industry

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

Has Anything Crazy Happened In Healthcare's Supply Chain This Week? | Five To Save

4/19/2022

The Z5 Piggy Bank is hitting the emergency button and blaring a siren

We've spent the last month focusing on the big-picture issues, but the news waits for no man (or cat... or pig). 

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Topics: selling medical inventory, supply chain management, five to save, disruption, healthcare inventory, government, buying medical supplies, failure, hospital supply chain, coronavirus, ppe, covid-19, sourcing, medical supply chain tracking software, manufacturing, gloves, warehouse management

Schrödinger's Catheter: How To Rebalance Healthcare's Supply Chain, Part 1

3/29/2022

a hospital's supply shelves are unbalanced by the number of black boxes - the unknown supplies that are preventing providers from rebalancing their inventory

You don’t actually know what’s on your shelf until you take a look at it.

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Topics: selling medical inventory, supply chain management, disruption, healthcare inventory, buying medical supplies, hospital supply chain, ppe, hospital logistics, perpetual, medical supply procurement, consignment, schrödinger's cat, quantum mechanics, rebalancing inventory, warehouse management, periodic inventory, par inventory

Healthcare Supply Chain News: The Biggest and Best of 2021

12/21/2021
1 Comment Written by Alex Diamond

the Z5 Piggy Bank dressed up as Will Ferrell's Buddy the Elf

As we've all been stretched to our breaking point this year, it seemed like a good time to offer up some of the most important articles in case you missed them. 

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Topics: selling medical inventory, inventory valuation, inventory audit, newsletter, inventory management software, five to save, digital supply management, new year, buying medical supplies, expiration, hospital supply chain, healthcare supply chain, 2021, inventory management, loss and expiration avoidance, medical and surgical supplies, 2022

'Back To Normal' VS 'New Normal': Where Supply Chain Is Headed | Five To Save

11/16/2021

The Z5 Piggy Bank is half in sepia and half in color as it debates going back to the past or pushing ahead to the future of healthcare supply chain

Is 2022 going to look more like 2019 or 2020? As usual, we're here to ask a silly question and provide some serious answers.

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Topics: selling medical inventory, newsletter, reallocation, supply chain management, savings, five to save, lowering healthcare costs, free advice, healthcare logistics, buying medical supplies, 2020, hospital supply chain, healthcare supply chain, materials management, 2021, risk management, loss and expiration avoidance, risk analysis, risk assessment, gartner

Diversity The Key To Surviving Supply Chain Crisis | Five To Save

11/2/2021

four Z5 Piggy Banks surround a boardroom table and the orange words 5 To Save

90% of industry leaders are aligned on their top supply chain challenges and the best means of overcoming them.

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Topics: selling medical supplies, supply chain management, charity, disruption, buying medical inventory, healthcare logistics, hospital supply chain, coronavirus, covid-19, medical supply chain tracking software, results, diversity, polls, sustainability, loss and expiration avoidance, climate change, risk analysis, resilience