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White Paper: Inventory Management for Healthcare Organizations

Inventory-Management-for-Healthcare-Organizations

This white paper draws inspiration from the hospital stockrooms brimming with clinical items and medicines that expire on shelves or are being stockpiled due to lack of visibility, poor demand forecasting and inaccurate data.

Regardless of the technological advancements, hospital supply chain remains fragmented and immature as it is considered as an area of low value.

Hospitals continue to engage clinical staff for manually managing inventory, thus increasing the cost of labor, resulting in poor asset utilization and showcasing inaccurate data that risks better patient outcomes.

This paper discusses the existing inventory management practices and challenges in the healthcare organizations, and how IT can help organizations to be lean and profitable resulting in improved patient outcomes.

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