Inventory management in healthcare facilities is especially critical, according to an article on the Facility Care website.
Excess inventory or items that will go bad, expire or never be needed are a waste of hospital funds.
In a vendor-managed inventory (VMI) system, the vendor or distributor is responsible for ensuring that a facility always has adequate supplies of materials.
VMI depends on developing trust with the supplier. A supplier’s rep will meet to discuss the items that will be supplied, the safety stock levels and the frequency of deliveries.
How Efficiency Checklists Help Hospitals Save Energy, Water and Money
Intermountain Healthcare Receives $50M Gift for Standalone Children's Hospital
Arrowhead Regional Medical Center Reports Data Breach via Third Party
Safety Synergy: Infection Prevention That Protects Patients and Workers
Prefabricated Wall Panels Speed UCF Lake Nona Medical Center Construction