How/which some of the inventory management techniques would be applicable to a medical store in effective management of their inventories, i.e., medical supplies?
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Inventory management techniques in a medical store are applied by assigning responsibilities to respective people clearly.
Explanation:
- These management techniques are applicable to healthcare supply chain to balance the supply and demand.
- These are also applicable to data analysis and data storage so that the hospital and medical stores can keep a transparent record of everything.
- Inventory management techniques are set to reduce the costs of hospitals.
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The various inventory management techniques prevalent in Medical Store the supply closet technique & the transaction technique
Explanation:
The supply closet technique
In supply closet technique we have to scan the items from the supply closet and use them to stock examination rooms. The items are counted as "dispensed" once they leave the "closet". Through this approach we can know how much we will need for that day or week and scan the amount.
The Transaction technique
The Transaction technique provide "detailed real-time data" about "inventory use & patterns". Through this technique we can scan out items when they are actually used for patients.
To know more
Explain the merits and limitations of inventory management
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