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Cost Management News & Best Practices

Comparing the state of supply chain management in hospitals today to how it was 10 – 15 years ago, makes it clear the industry has done tremendous work in reducing costs. While progress has been made, there is still much work to be done.

Create a Win-Win with CPT Purchasing

Custom Procedure Trays (CPT) have many benefits within the hospital setting. CPTs create efficiencies in terms of hospital work flow and inventory management. Additionally, CPTs provide excellent patient safety, in part, because they are sequentially packaged and the items contained within the packs are single use and pre-sterilized. This can help in the reduction of patient infections.

Implementing LUM Could Be the Change Agent Your Supply Change Needs

Implementing a Low Unit of Measure (LUM) program at your organization has many benefits beyond reducing inventory. LUM can act as a catalyst in implementing other associated LEAN principles, such as streamlining staff, processes and technology – all of which will increase efficiencies, and reduce redundancy and waste in your supply chain.