Effective Management of Inventory Levels: Tips for Healthcare Facilities

An automatic order management system that generates customer orders directly from the buyer's ERP system and sends them to the relevant suppliers within seconds is one way that healthcare providers can properly manage inventory levels and scheduled supply of such items.

Fremont, CA: Properly managing medical equipment inventory is critical to hospitals and healthcare facilities' effectiveness and ability to provide appropriate health services. The inventory must be recorded and updated regularly so that the healthcare facility can track expiry dates, avoid shortages, and accurately plan and budget.

Drugs and medicine have "end of life" dates, and as a result, medical care facilities and pharmacies have inventory levels of such products that they can maintain. This limitation, combined with the high demand for such products in such short time frames, puts pressure on suppliers to be ready to provide in such short time frames.

As a result, healthcare providers, or "buyers," must receive schedule confirmations and advanced shipping notifications (ASN) from suppliers.