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Outpatient Surgery E-Weekly

Contact Congress Over Drug Shortage Issues

A Kentucky congressman is urging surgical facilities to contact their members of Congress and request that they sign his letter demanding changes to...

N.J. Posts ASC Inspection Reports Online

State and federal inspection reports of New Jersey's ASCs are now available online, giving patients an opportunity to make more informed choices abo...

Are Opioids Necessary?

While it's not always practical, or even possible, to eliminate opioids from your post-op pain management regiment, reducing their use in favor of n...

Archive > November, 2008 Vol. IX, No. 11

10 Quick Tips to Improve Your Inventory Management

Protect the stacks of cash on your shelves.

Amanda Llewellyn, MBA, MHA, FACHE, FAHRMM

When you look around your supply room, you should see stacks of cash on the shelves where surgical supplies sit. Each product, instrument and piece of equipment represents money that's already been laid out. A little piece of your bottom line crumbles with every wasted supply. With an eye toward avoiding waste and increasing efficiency, here are 10 quick tips to improve your inventory management.

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Categories: Supplies/Implants, Cost Management
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1. Get organized; 2. Get suture trees; 3. Keep expensive supplies secure; 4. Don't buy in bulk; 5. Automate your inventory ; 6. Run cycle counts; 7. Reprocess whenever possible; 8. Consign; 9. Use trunk stock; 10. Standardize; Track your progress; Clinical; Consign Stocking; Count; Create; Creating; Depending; FDA; Hopkins; IOLs; Johns Hopkins; Limit; Major; Make; Materials; ORs; Paring; Reprocess; Run; Standardize Product; Track; Web-based; abuse; access; account; accounting; accurate; acute; ad; adjusts; advance; ambulatory; analysis; analyze; applications; approved; arthroscopic; aspect; as... show all keywords
1. Get organized; 2. Get suture trees; 3. Keep expensive supplies secure; 4. Don't buy in bulk; 5. Automate your inventory ; 6. Run cycle counts; 7. Reprocess whenever possible; 8. Consign; 9. Use trunk stock; 10. Standardize; Track your progress; Clinical; Consign Stocking; Count; Create; Creating; Depending; FDA; Hopkins; IOLs; Johns Hopkins; Limit; Major; Make; Materials; ORs; Paring; Reprocess; Run; Standardize Product; Track; Web-based; abuse; access; account; accounting; accurate; acute; ad; adjusts; advance; ambulatory; analysis; analyze; applications; approved; arthroscopic; aspect; assigned; automates; availability; avoiding; basic; begin; billing; blades; bottom; boxes; breast; bring; buy; cabinets; candidates; capture; care; cart; case; cash; chain; champion; change; charge; check; clinical; clinicians; close; comfortable; commodity; common; compliance; computers; concept; confused; consignment; contracting; control; controlling; cooling; cost; count; counts; cousin; create; credit; crumbles; current; cycle; daily; dates; decreases; delivered; delivers; delivery; department; determine; device; discuss; distributors; documentation; duplicate; easily; effectively; electronic; electronically; eliminate; else's; ends; ensure; equipment; establish; established; exam; excess; existing; expense; expensive; expiration; expire; eye; facilities; facility; factor; fancy; fewer; financial; find; follow; formularies; fraction; frequency; frequently; general; glass; good; gown; handheld; harmonic; health; healthcare; helps; high-density; high-flow; highest; hoc; hold; hospital-supported; idea; immunizations; implants; improve; increasing; inpatient; institutional; instrument; integrate; interface; introduce; inventory; items; just-in-time; key; laid; large; largest; lead; learn; leave; legal; level; leverage; limit; line; locations; locked; locking; long; longer; lose; lowest; lukewarm; make; manage; management; materials; measure; medical; medicine; mistake; money; money-saving; monitoring; month; monthly; months; move; multiple; needed; network; noticeable; number; off-contract; opened; operating; order; organization; original; orthopedic; outlay; outpatient; package; packs; paperwork; part; partners; patient; patient-specific; pay; perioperative; physician; piece; pitfall; placement; plan; planning; plastic; point-of-use; policies; popular; post-operative; practice; prevent; procedural; procedure; procedures; processes; product; products; programs; purchase; purchasing; quality; quarter; quarterly; quick; real-time; receipt; receiving; reconciliation; reconciling; record; reduces; reducing; reductions; reimbursable; releases; reluctant; replacement; represents; reprocess; reprocessed; reprocessing; reps; requisitioning; result; return; risks; rolled; rooms; routine; sales; save; saving; scan; scheduled; screws; security; selection; set; setting; shelf; shelves; shelving; shrinkage; signed; simple; size; slimming; smaller; software; space; specialties; specialty; specific; sports; spreadsheet; stacks; staff; standard; standardization; standardizing; standards; start; step; stock; stocked; stocking; storage; store; strategic; streamline; strong; suitable; supplies; supply; supportive; surgery; surgical; suture; system; systems; takes; team; term; tips; tone; track; traditionally; tree; true; trunk; tubing; unit; variety; vary; vendor; vendors; volume; waste; ways; work; working; year-end; years

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