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
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.