3 ways ASCs can manage supply chain inventory

With less purchasing power than hospitals and less space to store supplies, having effective supply chain management processes is key for ASCs, according to ASC management software developer Simplify ASC.

Three supply chain management tips:

1. Supply storage. Counting supplies accurately and storing them where they need to go is essential for ASCs struggling with having enough space for supplies.

2. Implement inventory management software. Instead of manually counting and managing supplies, a supply chain management system can allow staff to understand costs and analyze supply use.

3. Maximize efficiencies. Supplies should account for 25 percent of net revenue, making proper management of product prices, vendors and equipment paramount to an ASC's financial success.

More articles on supply chain:
EyePoint Pharmaceuticals sees increase in Q1 revenue: 3 details
NextGen Healthcare adds free mobile app for enterprise clients
GPO chooses OptumRx for pharmacy care services: 3 quick details

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months