Just-in-time buying can control healthcare facilities' supply chain costs, but some say it’s too risky to keep inventories lean, according to an article on the Healthcare Finance website.
Just-in-time purchasing benefits the industry by lowering the carrying cost of inventory.
It 't without financial risk, however. The biggest — and the reason it took this type of inventory management a while to catch on in healthcare — is the potential lack of availability of a product under the system.
For example, when a patient procedure must be rescheduled because an implant, due to arrive the night before, is unavailable.
Seeking Standards for Microbial Loads in Healthcare Facilities
UCR Health Unveils Plans for Major Expansion
High-Performance Windows Support Safety at UW Medicine's New Behavioral Health Center
Central Maine Healthcare Dealing with IT System Outage
Kaiser Permanente Opens Newly Expanded Everett Medical Center