Best Hospital Inventory Management System for Healthcare Sector 2021
Healthcare Sector, nowadays a primary focus for this pandemic situations. They required to pass through strict guidelines set by the government, failure of which can cause shut down operations and incur huge losses.
When Hospitals are facing short-staffed and the ER is busy on weekend, it's inventory management system, that takes care of shifting to restocking your supplies. If your staff faced the risk of shortages of supply or having too many supplies and have nowhere to put them, inventory management provides solutions to track entire services.
Another major concern is locating vital equipment that has been misplaced. Having enough stock on hand boils down to inventory management and sacrificing quality healthcare in the pursuit of hospital profitability is not in anyone’s best interest.
Why Inventory Management System
In retail store, where a customer will await for a product on back-order, a hospital cannot afford the same. The inability to provide adequate inventory risks the patient’s well-being and can result in injury and possibility even a lawsuit. Balancing fear of exposure with a tendency to over-order is often the cause of wasted, expired product and an excessive financial investment in inventory.
Luckily, the entire balancing act can be effectively managed with intelligent inventory management system. it can handle all operations for equipment, medication, and supplies from the time of order from suppliers through patient billing.
We know that medicines are costly and small surgery equipment is also expensive. So, it really important for healthcare department to keep track of these items. The big investment is a huge and enough reason to keep track.
What difficulties are faced by Hospital administration?
- Shortage of Pharmaceuticals
- Loss or Theft of Surgical Equipment
- Loss or Theft of Pharmaceuticals
- Overstock of Pharmaceuticals
- Tracking Expiry date of Pharmaceuticals
- Sorting Medicines
- Generating Bills
- Creating Sales Reports
- Saving Medical device from getting stolen
Role of inventory Management for Resolving Difficulties
It informs which pharmaceuticals are less in stock, how much available in stock. It keeps tracks of all the medicines so it can also assist you in managing medicines also alerts you when the expiry of medicine is coming.
When it keeps tracking your assets efficiently then there is no fear of theft and stolen assets (Surgical Equipment, Medicines & Medical devices). It also informs you about the condition of the surgical equipment for its maintenance.
The hospitals have implantable medical devices such as surgical clips, which are costly but small in size. It means that they can be stolen easily. But these medical devices have a serial number through which you can track its movement, with the inventory management system. Until it is utilized for the patient.
We know that in a hospital there are several assets, which are precious. If any assets get stolen, no wonder it can lead to an unfortunate consequence. Also, it can make a bad reputation for the hospital. This is why inventory management services is very important.
Why Ubinium
Ubinium deals with the purchase and end-to-end supply chain of hospital equipment or material or inventory to different departments. Requisitions for different items or equipment's are sent to this store from different department.
Key Features
- Master ( generics, Drugs, Surgical Items etc.) Management System
- Location Management ( Warehouse, Sub Stores, Stock Points etc. ) System.
- Preparation of Various Warehouses for General Items, Drugs etc.
- Protocols for Purchase, Stock Tracking and Verification.
- Vendor Supply Management.
Want to know more ?
Ubinium is the leading healthcare inventory management service provider company across the world over for streamlined operations and optimized asset performance.
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