ExactCost® Materials Management is a powerful Production Inventory Management tool for healthcare delivery organizations.
Do you have the tools to manage your department's unofficial inventory*?
* The "unofficial inventory" is comprised of the items that the department purchases directly from the supplier or distributor.
The ExactCost® Materials Management application enables department managers to manage and control their inventory of production floor materials and supplies.
Once we have integrated our data dictionaries with your purchasing data to drive the ExactCost® ABC application, we will already have all of the supply items, quantities and costs needed for our custom-built departmental supply management application.
Whether in the Laboratory, Radiology, Operating Room, or other patient care delivery environments, ExactCost® Materials Management will help you keep a current inventory of all the items in your department, providing up-to-date information on the quantity and location of each item.
Some examples of uses include:
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· Automatically update ExactCost® ABC with actual consumption reports for more accurate cost and performance analysis results. |
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· Deplete stock as the supplies are used by the department. |
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· Use supplies that are approaching their expiration dates. |
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· Determine the optimal order point and order quantity. |
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· Create new orders and monitor open orders. |
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· Update the inventory with items that have gone to waste. |
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· Analyze resource utilization per product per period for future inventory planning. |
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· View alerts regarding expired items, low quantities, etc. |
