---
title: "Z5 Inventory's Blog: A dose of the industry news and optimization strategy that healthcare supply chain pros need. | innovation"
description: innovation | Z5 Inventory shares news about healthcare's supply chain and best practices for inventory optimization to help hospitals and other healthcare providers meet their savings goals.
---

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## Z5 Inventory - Blog

# Z5 Inventory Blog

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## About Z5

The Z5 Inventory blog is brought to you by the geniuses behind[Z5 Count,Z5 Analytics and Z5 Optimization services](https://www.z5inventory.com/solutions), 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

## [Announcing: The 2022 Outstanding Healthcare Inventory Awards](https://www.z5inventory.com/blog/announcing-the-2022-outstanding-healthcare-inventory-awards)

 7/19/2022

[0 Comments](https://www.z5inventory.com/blog/announcing-the-2022-outstanding-healthcare-inventory-awards#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![Outstanding Healthcare Inventory Awards trophies marked 1st, 2nd, and 3rd are arranged on an orange chiclet with variously colored smaller chiclets floating nearby](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20-%20award%20trophies.jpg?width=1200&name=Blog%20Header%2022%20-%20award%20trophies.jpg)

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

[Continue Reading](https://www.z5inventory.com/blog/announcing-the-2022-outstanding-healthcare-inventory-awards)

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 Topics: [inventory management software](https://www.z5inventory.com/blog/topic/inventory-management-software), [innovation](https://www.z5inventory.com/blog/topic/innovation), [visibility](https://www.z5inventory.com/blog/topic/visibility), [communication](https://www.z5inventory.com/blog/topic/communication), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [awards](https://www.z5inventory.com/blog/topic/awards), [hospital supply chain](https://www.z5inventory.com/blog/topic/hospital-supply-chain), [collaboration](https://www.z5inventory.com/blog/topic/collaboration), [financial risk](https://www.z5inventory.com/blog/topic/financial-risk), [supply chain resiliency](https://www.z5inventory.com/blog/topic/supply-chain-resiliency), [supply chain innovation](https://www.z5inventory.com/blog/topic/supply-chain-innovation), [cost reduction](https://www.z5inventory.com/blog/topic/cost-reduction), [certified gold](https://www.z5inventory.com/blog/topic/certified-gold), [Z5 Inventory partners](https://www.z5inventory.com/blog/topic/z5-inventory-partners), [piggy banks](https://www.z5inventory.com/blog/topic/piggy-banks), [american healthcare industry](https://www.z5inventory.com/blog/topic/american-healthcare-industry)

## [How Healthcare Providers Set Themselves Up To Fail](https://www.z5inventory.com/blog/how-healthcare-providers-set-themselves-up-to-fail)

 4/27/2022

[0 Comments](https://www.z5inventory.com/blog/how-healthcare-providers-set-themselves-up-to-fail#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![ideas are crumpled up and tossed in the trash in this illustration of failed innovation](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%2022%20crumpled%20idea%20paper%20in%20trash.jpg?width=1200&name=Blog%20Header%2022%20crumpled%20idea%20paper%20in%20trash.jpg)

So you tried to improve your healthcare supply chain. How did that go? 

[Continue Reading](https://www.z5inventory.com/blog/how-healthcare-providers-set-themselves-up-to-fail)

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 Topics: [inventory valuation](https://www.z5inventory.com/blog/topic/inventory-valuation), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [innovation](https://www.z5inventory.com/blog/topic/innovation), [disruption](https://www.z5inventory.com/blog/topic/disruption), [communication](https://www.z5inventory.com/blog/topic/communication), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [lowering healthcare costs](https://www.z5inventory.com/blog/topic/lowering-healthcare-costs), [healthcare data](https://www.z5inventory.com/blog/topic/healthcare-data), [hospital logistics](https://www.z5inventory.com/blog/topic/hospital-logistics), [healthcare supply chain](https://www.z5inventory.com/blog/topic/healthcare-supply-chain), [inventory optimization](https://www.z5inventory.com/blog/topic/inventory-optimization), [collaboration](https://www.z5inventory.com/blog/topic/collaboration), [medical supply procurement](https://www.z5inventory.com/blog/topic/medical-supply-procurement), [loss and expiration avoidance](https://www.z5inventory.com/blog/topic/loss-and-expiration-avoidance), [risk analysis](https://www.z5inventory.com/blog/topic/risk-analysis), [predictive analytics](https://www.z5inventory.com/blog/topic/predictive-analytics)

## [Gaining Trust To Make Innovation Possible](https://www.z5inventory.com/blog/gaining-trust-to-make-innovation-possible)

 10/20/2020

[0 Comments](https://www.z5inventory.com/blog/gaining-trust-to-make-innovation-possible#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![A hand pushing dominos represents the first step to innovating - cooperation between physician and procurement staff. ](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%20-%20Gaining%20Trust.jpg?width=1200&name=Blog%20Header%20-%20Gaining%20Trust.jpg)

We’ve all had to adapt to a new normal during COVID-19, and those of us in the healthcare supply chain have had to adapt more than most. But the real question we have to answer now is: how can we take what we’ve learned and apply it to inventory management overall? 

[Continue Reading](https://www.z5inventory.com/blog/gaining-trust-to-make-innovation-possible)

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 Topics: [Z5 Reallocate](https://www.z5inventory.com/blog/topic/z5-reallocate), [savings](https://www.z5inventory.com/blog/topic/savings), [innovation](https://www.z5inventory.com/blog/topic/innovation), [steward health care](https://www.z5inventory.com/blog/topic/steward-health-care), [podcasts](https://www.z5inventory.com/blog/topic/podcasts), [take 5](https://www.z5inventory.com/blog/topic/take-5), [healthcare supply chain](https://www.z5inventory.com/blog/topic/healthcare-supply-chain), [medical supply chain tracking software](https://www.z5inventory.com/blog/topic/medical-supply-chain-tracking-software), [service system for hospital inventory](https://www.z5inventory.com/blog/topic/service-system-for-hospital-inventory), [inventory management system](https://www.z5inventory.com/blog/topic/inventory-management-system), [materials management](https://www.z5inventory.com/blog/topic/materials-management)

## [How To Adopt An Innovation Mindset in Healthcare](https://www.z5inventory.com/blog/how-to-adopt-an-innovation-mindset-in-healthcare)

 8/25/2020

[0 Comments](https://www.z5inventory.com/blog/how-to-adopt-an-innovation-mindset-in-healthcare#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![A hand holds up five fingers to indicate the steps you should take to adopt an innovation mindset.](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%20-%20Innovation%20Mindset.jpg?width=1200&name=Blog%20Header%20-%20Innovation%20Mindset.jpg)

While every other industry surges ahead in technology, strategies, and resilience, healthcare plods down its own path at a slow and steady pace. But this is one tortoise that might not make it to the finish line. 

[Continue Reading](https://www.z5inventory.com/blog/how-to-adopt-an-innovation-mindset-in-healthcare)

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 Topics: [selling medical inventory](https://www.z5inventory.com/blog/topic/selling-medical-inventory), [reallocation](https://www.z5inventory.com/blog/topic/reallocation), [innovation](https://www.z5inventory.com/blog/topic/innovation), [digital supply management](https://www.z5inventory.com/blog/topic/digital-supply-management), [disruption](https://www.z5inventory.com/blog/topic/disruption), [leadership](https://www.z5inventory.com/blog/topic/leadership), [healthcare logistics](https://www.z5inventory.com/blog/topic/healthcare-logistics), [buying medical supplies](https://www.z5inventory.com/blog/topic/buying-medical-supplies), [hospital supply chain](https://www.z5inventory.com/blog/topic/hospital-supply-chain), [take 5](https://www.z5inventory.com/blog/topic/take-5), [vendors](https://www.z5inventory.com/blog/topic/vendors), [quarantine](https://www.z5inventory.com/blog/topic/quarantine)

## [Z5 Inventory Hosts Expert Panel At AHRMM19](https://www.z5inventory.com/blog/z5-inventory-hosts-expert-panel-at-ahrmm19)

 7/29/2019

[0 Comments](https://www.z5inventory.com/blog/z5-inventory-hosts-expert-panel-at-ahrmm19#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![The 5 Factors of Culture of Change - Searching, Teaching, Allowing, Reacting, and Then Doing It All Over Again.](https://www.z5inventory.com/hs-fs/hubfs/Blog%20Header%205%20Factors%20of%20Culture%20of%20Change.png?width=1978&name=Blog%20Header%205%20Factors%20of%20Culture%20of%20Change.png)

On the first day of programming for AHRMM19 - the conference for health care supply chain professionals, held this year in the San Diego Convention Center - Z5 Inventory is hosting the panel discussion “[The Culture of Change: Necessary Steps to Implementing the Next Big Thing](https://www.ahrmm19.org/profile.cfm?profile_name=session&master_key=15F14BEF-03C9-F673-9410-D24D30C03564&page_key=F6BFFE1E-A987-E809-6925-9523BA06FBC2&xtemplate&userLGNKEY=0).” Panelists will provide the requirements for establishing an environment within health care organizations that fosters innovation and speeds adjustment to industry and technological trends.

[Continue Reading](https://www.z5inventory.com/blog/z5-inventory-hosts-expert-panel-at-ahrmm19)

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 Topics: [selling medical inventory](https://www.z5inventory.com/blog/topic/selling-medical-inventory), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [medical supply](https://www.z5inventory.com/blog/topic/medical-supply), [innovation](https://www.z5inventory.com/blog/topic/innovation), [trade shows](https://www.z5inventory.com/blog/topic/trade-shows), [digital supply management](https://www.z5inventory.com/blog/topic/digital-supply-management), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [year of the pig](https://www.z5inventory.com/blog/topic/year-of-the-pig), [buying medical supplies](https://www.z5inventory.com/blog/topic/buying-medical-supplies), [change](https://www.z5inventory.com/blog/topic/change), [panel discussion](https://www.z5inventory.com/blog/topic/panel-discussion)

## [5 Qualifications Of An Employee Who Will Actually Work](https://www.z5inventory.com/blog/5-qualifications-of-an-employee-who-will-actually-work)

 8/6/2018

[2 Comments](https://www.z5inventory.com/blog/5-qualifications-of-an-employee-who-will-actually-work#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![Stock Photo of a manager shaking hands with a new hire.](https://www.z5inventory.com/hs-fs/hubfs/Depositphotos_13963776_xl-2015%20resized.jpg?width=5616&name=Depositphotos_13963776_xl-2015%20resized.jpg)

You want your organization to be successful. If you didn’t, you wouldn’t be spending time reading blogs about improving your industry. Y’know, like this blog. (Please keep reading this blog.)

[Continue Reading](https://www.z5inventory.com/blog/5-qualifications-of-an-employee-who-will-actually-work)

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 Topics: [selling medical inventory](https://www.z5inventory.com/blog/topic/selling-medical-inventory), [supply chain management](https://www.z5inventory.com/blog/topic/supply-chain-management), [medical supply](https://www.z5inventory.com/blog/topic/medical-supply), [savings](https://www.z5inventory.com/blog/topic/savings), [innovation](https://www.z5inventory.com/blog/topic/innovation), [improvements](https://www.z5inventory.com/blog/topic/improvements), [digital supply management](https://www.z5inventory.com/blog/topic/digital-supply-management), [excess inventory](https://www.z5inventory.com/blog/topic/excess-inventory), [disruption](https://www.z5inventory.com/blog/topic/disruption), [cybersecurity](https://www.z5inventory.com/blog/topic/cybersecurity), [hiring](https://www.z5inventory.com/blog/topic/hiring), [employment](https://www.z5inventory.com/blog/topic/employment), [healthcare inventory](https://www.z5inventory.com/blog/topic/healthcare-inventory), [buying medical inventory](https://www.z5inventory.com/blog/topic/buying-medical-inventory)

## [Five To Save | You're Gonna Need A Bigger Antidote | June 11th, 2018](https://www.z5inventory.com/blog/five-to-save-june-11-2018)

 6/11/2018

[0 Comments](https://www.z5inventory.com/blog/five-to-save-june-11-2018#comments-listing) Written by [Alex Diamond](https://www.z5inventory.com/blog/author/alex-diamond)

![The Z5 piggy bank is attacked by a shark. A very real shark.](https://www.z5inventory.com/hs-fs/hubfs/pig%20bank%20-%20shark%20attack.jpg?width=600&name=pig%20bank%20-%20shark%20attack.jpg)

You might recognize some of the problems in this week's five articles, and you'll definitely recognize that the solutions will have to be pretty big.

See what surprising lessons you can learn from Walmart, Homeland Security, and - inevitably - Shark Tank.

[Continue Reading](https://www.z5inventory.com/blog/five-to-save-june-11-2018)

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