Substantial Savings Found in New Supply Chain Processes

Researchers have found that new models to track medical inventory could save hospitals and perhaps ambulatory surgery centers substantial labor and other costs to replenish stock, according to a release by the University of Cincinnati.

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First, UC researchers found that a hybrid supply chain model, combining elements of periodic and continuous resupply, could potentially save hospitals 18 percent in labor costs associated with resupply.

 

Then they studied a joint-replenishment model, in which supply personnel pick up items likely to be needed soon when they pick up requested items. This approach, similar to a Kanban model, would result in an average 38 percent reduction in the need for out-of-cycle replenishment, the researchers found.

 

Finally, researchers are still studying a model to track entire bins of items. Under this model, personnel track whether a bin is empty or not, which involves a lot less information to process than the specific number of individual items.

 

Read the University of Cincinnati release on supply chain.


Related Articles on Supply Chain:

4 Ways to Streamline Supply Chain Costs

6 Mistakes ASCs Make When Purchasing Supplies and How to Fix Them

ASCs Should Take Advantage of Their Surgical Supply Distributors

 

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