Have you ever asked the question -- Why Healthcare Facilities cannot be profitable? Maybe it is in the way they are designed. It is time for a change. We can make the difference.
The proper controls and processes can save millions in healthcare costs by enabling a hospital to efficiently order and store just the right amount of supplies needed for patient cases while tracking cost, tier pricing and patient charges associated with supplies.
To study Inventory control with respect to ABC, VED and FSN in HospitalRameez Shah
This document provides an acknowledgement and thanks to various individuals who provided guidance and support for a research project on inventory management in a multispecialty hospital. It acknowledges the director of the healthcare institute, the research guide, hospital staff who provided help, and family for their support. The document then introduces concepts of inventory management including classification methods like ABC analysis, VED analysis, and FSN analysis that are used to selectively control hospital inventory. It also discusses the need for effective inventory management in a hospital to ensure the right supplies are available at the right time and place to efficiently care for patients.
The document discusses material management in hospitals. It defines material management as the planning, organizing, and control of supplies from initial purchase to final use. The key elements of material management are inspection, need determination, demand estimation, cataloging, quality control, standardization, inventory control, packaging, procurement, distribution, storage, scheduling, and condemnation/disposal. Effective material management ensures obtaining the right materials, of the right quality and quantity, at the right time and price from reliable suppliers. Inventory control is important to maintain optimal stock levels and deal with time lags, uncertainty, and economics of scale. Nurses play an important role in ensuring adequate, well-organized supplies are available as needed and not wasted.
ABC analysis is a technique used to categorize inventory items into three categories - A, B and C - based on their annual usage value. Category A items have the highest value and make up around 10-20% of total items but account for around 70-80% of total usage value. Category C items are the opposite, making up 70-80% of total items but only around 10-20% of total usage value. Category B items fall in between. ABC analysis is used to prioritize inventory management efforts - strict controls are applied to A items while low controls can be used for C items. The analysis helps optimize resources by focusing on the most important items.
Inventory control method in nursing managementmannparashar
This document discusses various techniques for inventory control, including ABC analysis, VED analysis, FSN analysis, SDE analysis, HML analysis, XYZ analysis, GOLF analysis, and SOS analysis. ABC analysis classifies inventory items into A, B, and C categories based on annual consumption value and cost. VED analysis categorizes items as vital, essential, or desirable based on their criticality. FSN analysis categorizes items as fast, slow, or non-moving based on consumption patterns. SDE analysis is based on how easy or difficult items are to procure. HML analysis categorizes items based on unit value. XYZ analysis uses inventory value, while GOLF analysis considers the source. S
This document summarizes a two-day training course on effectively managing spare parts inventory levels. The course will help attendees reduce costs associated with ordering, storing, and maintaining spare parts. Participants will learn techniques for analyzing equipment failure trends to predict spare part needs, conducting accurate spare part catalogs and audits, and determining optimal inventory levels for critical, frequently used, and safety spare parts. The goal is to provide methods for establishing an effective spare parts strategy to improve maintenance planning and equipment reliability while reducing maintenance costs.
This document discusses various methods of inventory control, including ABC analysis, VED analysis, FSN classification, SDE classification, HML classification, economic order quantity, lead time method, buffer stock, and SOS classification. It defines each method and explains how inventory items are categorized and classified in order to determine appropriate inventory levels and control strategies. The overall goal of inventory control is to maintain an optimal level of inventory to meet demand while minimizing costs.
This document discusses material management in hospitals. It defines material management as planning, organizing, and controlling all materials from purchase to end use. It outlines the facilities, process, objectives, elements, and principles of ensuring the right material is procured in the right quantity, quality, time and price. It also discusses procurement methods, factors affecting procurement, inventory control methods, and the roles of nurses in material management.
The proper controls and processes can save millions in healthcare costs by enabling a hospital to efficiently order and store just the right amount of supplies needed for patient cases while tracking cost, tier pricing and patient charges associated with supplies.
To study Inventory control with respect to ABC, VED and FSN in HospitalRameez Shah
This document provides an acknowledgement and thanks to various individuals who provided guidance and support for a research project on inventory management in a multispecialty hospital. It acknowledges the director of the healthcare institute, the research guide, hospital staff who provided help, and family for their support. The document then introduces concepts of inventory management including classification methods like ABC analysis, VED analysis, and FSN analysis that are used to selectively control hospital inventory. It also discusses the need for effective inventory management in a hospital to ensure the right supplies are available at the right time and place to efficiently care for patients.
The document discusses material management in hospitals. It defines material management as the planning, organizing, and control of supplies from initial purchase to final use. The key elements of material management are inspection, need determination, demand estimation, cataloging, quality control, standardization, inventory control, packaging, procurement, distribution, storage, scheduling, and condemnation/disposal. Effective material management ensures obtaining the right materials, of the right quality and quantity, at the right time and price from reliable suppliers. Inventory control is important to maintain optimal stock levels and deal with time lags, uncertainty, and economics of scale. Nurses play an important role in ensuring adequate, well-organized supplies are available as needed and not wasted.
ABC analysis is a technique used to categorize inventory items into three categories - A, B and C - based on their annual usage value. Category A items have the highest value and make up around 10-20% of total items but account for around 70-80% of total usage value. Category C items are the opposite, making up 70-80% of total items but only around 10-20% of total usage value. Category B items fall in between. ABC analysis is used to prioritize inventory management efforts - strict controls are applied to A items while low controls can be used for C items. The analysis helps optimize resources by focusing on the most important items.
Inventory control method in nursing managementmannparashar
This document discusses various techniques for inventory control, including ABC analysis, VED analysis, FSN analysis, SDE analysis, HML analysis, XYZ analysis, GOLF analysis, and SOS analysis. ABC analysis classifies inventory items into A, B, and C categories based on annual consumption value and cost. VED analysis categorizes items as vital, essential, or desirable based on their criticality. FSN analysis categorizes items as fast, slow, or non-moving based on consumption patterns. SDE analysis is based on how easy or difficult items are to procure. HML analysis categorizes items based on unit value. XYZ analysis uses inventory value, while GOLF analysis considers the source. S
This document summarizes a two-day training course on effectively managing spare parts inventory levels. The course will help attendees reduce costs associated with ordering, storing, and maintaining spare parts. Participants will learn techniques for analyzing equipment failure trends to predict spare part needs, conducting accurate spare part catalogs and audits, and determining optimal inventory levels for critical, frequently used, and safety spare parts. The goal is to provide methods for establishing an effective spare parts strategy to improve maintenance planning and equipment reliability while reducing maintenance costs.
This document discusses various methods of inventory control, including ABC analysis, VED analysis, FSN classification, SDE classification, HML classification, economic order quantity, lead time method, buffer stock, and SOS classification. It defines each method and explains how inventory items are categorized and classified in order to determine appropriate inventory levels and control strategies. The overall goal of inventory control is to maintain an optimal level of inventory to meet demand while minimizing costs.
This document discusses material management in hospitals. It defines material management as planning, organizing, and controlling all materials from purchase to end use. It outlines the facilities, process, objectives, elements, and principles of ensuring the right material is procured in the right quantity, quality, time and price. It also discusses procurement methods, factors affecting procurement, inventory control methods, and the roles of nurses in material management.
Material management involves planning for, acquiring, storing, moving, and controlling materials to provide customer service according to organizational goals. It includes functions like procurement, materials handling, storage, production, inventory control, packaging, transport, and associated information systems. An effective material management system is important as materials make up 60-70% of expenses in any activity. In a hospital, materials account for 30-35% of recurring expenditures. The aim of material management is to obtain the right material, in the right quantities, at the right time, at the right price, from the right sources, at the least cost.
This document discusses various inventory control techniques used in hospitals. It defines inventory as a record of all procured, received, stored and used goods and materials. Inventory control aims to manage inventory levels and order the optimal amount of goods to minimize costs while preventing stockouts. Common inventory analysis techniques described include ABC analysis which categorizes items based on their costs and usage, VED analysis which categorizes based on criticality, and HML analysis which also categorizes based on unit price. The document outlines different inventory classification systems and their objectives.
The document discusses equipment and supplies management in hospitals. It defines equipment and supplies, and outlines principles of material management including acquiring the right materials in the right quantity, quality, time and price from reliable suppliers. It describes decentralized and centralized purchase methods and group purchasing. The types of materials used in hospitals are outlined including drugs, supplies, equipment and facilities. Departments involved in purchase, storage, equipment maintenance and repair are discussed. The processes of stock verification and condemnation of used equipment are also summarized.
Material management in healthcare aims to provide the necessary drugs, supplies, and equipment for health services delivery. It involves planning, organizing, and controlling the flow of materials from purchase to distribution. Around 40% of healthcare funds are spent on materials. Effective material management is important to supply quality materials at the right time, place, quantity and cost. Inventory control techniques like ABC, FSN, VED, and SDE analyses help classify items based on various criteria to optimize inventory levels and reduce costs while avoiding stockouts. The right analysis and classification allows prioritizing high-cost vital items for close monitoring and low-cost non-essential items for less stringent control.
Ved analysis and Planning equipment and supplies for nursing careBhavinVaria1
This document discusses VED (Vital, Essential, Desirable) analysis, which is an inventory management technique used to classify inventory based on importance. Vital items are highly important and critical, essential items are moderately important, and desirable items are less important. The document then provides examples of how this analysis can be applied to classify medical equipment in a hospital setting based on criticality for patient care. Key equipment needed for a 50-bed district hospital is also listed.
Spare part management is important for minimizing machine downtime and reducing costs associated with failures. There are different types of spare parts that must be classified and stocked optimally using mathematical models or classification systems. Key factors in spare part management include maintenance policies, inventory costs, criticality analysis, and ensuring the right parts are available at the right time. Classification systems like ABC analysis and VED prioritization are commonly used to categorize spare parts and determine appropriate inventory levels.
Inventory control is a technique used by organizations to maintain desired inventory levels. It involves recording all materials, parts, supplies, work-in-process, and finished products and keeping them in stock for a period of time. The goal is to balance inventory levels in a way that best serves the economic interests of the organization. This includes protecting against fluctuations in demand and production as well as controlling stock volumes and distribution. Effective inventory control ensures adequate supply while minimizing costs and better utilizing available stocks. Key aspects of inventory control include planning, procurement, receiving/inspection, storage/issuing, recording, verification, and material standardization. Various analysis methods can be used to classify inventory items for selective control, including ABC analysis, VED analysis
This document discusses inventory control and material management in healthcare systems. It states that inventory control is an important aspect of material management that aims to ensure the right supplies are available at the right place and time. It describes several techniques used for inventory control, including ABC analysis, VED analysis, and FSN analysis to categorize items by importance and usage. The document outlines steps for planning, procuring, storing, and tracking inventory. Effective inventory control is important to minimize costs and ensure adequate supplies and equipment are available for healthcare workers to provide services.
This document discusses various concepts related to material management. It defines material management as planning, organizing, and controlling the flow of materials from initial purchase through operations to distribution. It describes key functions like planning, procurement, inventory management, and storage. Different inventory models are explained including EOQ and ABC analysis for classification and control of inventory. Material accounting systems and roles of nurses in material management are also summarized.
Fazalullah has over 8 years of experience in warehouse and inventory management. He has expertise in SAP MM, Oracle ERP, and advanced Excel. He has managed warehouses and stores for various organizations, dealing with a wide range of materials. Fazalullah is skilled in planning, procurement, receiving, storage, and inventory control operations. He is also experienced in supervising teams and coordinating with other departments.
This document provides an overview of various inventory control methods used in hospitals and other organizations. It discusses ABC analysis which categorizes items based on their annual expenditure. It also covers VED analysis which categorizes items based on criticality for patient care. Other methods discussed include ordering techniques like two bin systems, classification of items as fast/slow moving, and Just in Time inventory techniques. The document emphasizes the importance of proper inventory control and record keeping.
slides with references: find the linked PDFs in my profile's upload section
SIM (stores and Inv Mgmt) unit 2:
Cost associated with inventories:
Ordering cost,
carrying cost,
over stocking cost,
under stocking cost,
other costs associated with service level.
Selective inventory controls:
Need of Inventory control,
objectives of inventory control,
concept of selective inventory control,
basis and use of different types of selective controls:
ABC,
VED,
HML,
FSN,
SDE,
SOS,
XYZ,
Multiple basic approach to selective inventory control (MBASlC) approach to drugs.
Inventory control for community pharmacy- ABC,VED,EOQ,Lead time & Safety stockSriRamyaVaddiparthy
This document discusses various inventory management techniques used to balance supply and demand. It describes inventory control software that tracks inventory levels and forecasts demand. Common techniques discussed include ABC analysis, which categorizes inventory into A, B, C groups based on value; VED analysis, which categorizes inventory based on importance; economic order quantity (EOQ) model, which determines optimal order sizes; and safety stock, which is extra inventory kept on hand to prevent stock-outs. The goal of inventory management is to meet customer demand cost-effectively while minimizing excess inventory.
This document discusses inventory control techniques used in healthcare settings. It begins with introductions to inventory control and definitions. It then outlines objectives like meeting demand and minimizing costs. Techniques covered include ABC analysis, which classifies items based on usage value, and VED analysis, which considers criticality. Other methods analyze items based on unit value, suppliers, or movement patterns. The document also discusses economic order quantity, which calculates optimal order sizes to minimize total costs considering ordering and carrying costs. Finally, it discusses factors that influence when to place orders, like lead times and maintaining safety stock.
The document discusses inventory control model and concepts for effective supply chain management. It describes the types of materials needed in an industrial unit and importance of materials for plant operations. It then explains the inventory control model which operates based on minimum, maximum, reorder and average stock levels calculated using formulas. Factors influencing inventory control like consumption rate, order quantity, and lead time are also covered.
Material management involves planning, organizing, and controlling the flow of materials from initial purchase through use. It aims to obtain materials of the right quality, quantity, time, place, and cost. Key aspects include demand estimation, procurement, storage, inventory control methods like ABC and VED analysis, maintenance and repair of equipment, and disposal of condemned materials. Effective material management is crucial for providing necessary supplies to healthcare workers and delivering quality services to patients.
VED analysis and safety stock were presented. VED analysis classifies items as vital, essential, or desirable based on their criticality for production. Vital items are stocked abundantly with strict control, while essential items have medium stock levels and reasonably strict control. Desirable items have small stock levels and loose control. Safety stock, or buffer stock, refers to extra inventory held to mitigate risks from uncertainties in supply and demand. It is used to prevent stock-outs and absorb variability. The amount of safety stock required depends on factors like demand, lead time, service level, and forecast error.
The document discusses material management in healthcare. It defines material management as the integrated functioning of purchasing and allied activities to achieve coordination and optimal expenditure on materials. The objectives of material management include reducing costs, maintaining continuous supply of materials, and standardization.
The key processes involved in material management are budgeting and planning, demand forecasting, procurement, receipt and inspection, storage, inventory control, distribution, and disposal. Effective material management procedures include taking regular inventories, requisitioning based on needs, receiving and inspecting incoming items, proper storage and protection of items, and ensuring proper use of items.
This document discusses material management in healthcare organizations. It defines material management as planning, organizing, and controlling the acquisition, storage, and distribution of materials needed by healthcare personnel. The key functions of material management are planning and sourcing, budgeting, research, procurement, receiving, storage, accounting and control, issuing, disposal, and maintenance. Effective material management aims to obtain the right materials in the right quantity, quality, time, and place while reducing costs and avoiding stockouts. Principles like POSDCORB guide material planning and procurement processes.
The document discusses material management in healthcare facilities. It defines material management and outlines its key aims and principles, which include obtaining supplies of the right quality, quantity, time and place at the lowest cost. It describes the various functions and elements of material management like procurement, storage, inventory control and equipment maintenance. The primary objectives are economy, continuity of supply and developing good supplier relationships.
PREPARE A POWERPOINT PRESENTATION TO THE COO ANDSILAS OLUDARE
The document discusses key considerations for setting up and managing a warehouse operation. At the strategic level, management must make decisions regarding product development, customers, manufacturing, suppliers/vendors, logistics, and product distribution. This includes identifying products and customers, determining manufacturing infrastructure, selecting strategic suppliers, designing efficient logistics networks, and establishing distribution channels. Operational factors like shrinkage prevention, zero delivery times, and accurate product movement are also important to minimize losses. Capital expenditures include construction costs, material handling equipment, and vehicles. Operational expenditures cover wages, licenses, repairs, supplies, insurance, and taxes.
The document discusses using inventory modeling to develop a holistic inventory strategy. It describes how companies aim to improve service levels while reducing inventory levels, but it is difficult to do both simultaneously without modeling. The document outlines factors like demand variability, supply chain complexity, different types of inventory levels, and demand patterns that must be considered in developing an effective inventory strategy. It provides an example of how modeling helped a manufacturer optimize inventory levels at dealers and distribution centers.
Material management involves planning for, acquiring, storing, moving, and controlling materials to provide customer service according to organizational goals. It includes functions like procurement, materials handling, storage, production, inventory control, packaging, transport, and associated information systems. An effective material management system is important as materials make up 60-70% of expenses in any activity. In a hospital, materials account for 30-35% of recurring expenditures. The aim of material management is to obtain the right material, in the right quantities, at the right time, at the right price, from the right sources, at the least cost.
This document discusses various inventory control techniques used in hospitals. It defines inventory as a record of all procured, received, stored and used goods and materials. Inventory control aims to manage inventory levels and order the optimal amount of goods to minimize costs while preventing stockouts. Common inventory analysis techniques described include ABC analysis which categorizes items based on their costs and usage, VED analysis which categorizes based on criticality, and HML analysis which also categorizes based on unit price. The document outlines different inventory classification systems and their objectives.
The document discusses equipment and supplies management in hospitals. It defines equipment and supplies, and outlines principles of material management including acquiring the right materials in the right quantity, quality, time and price from reliable suppliers. It describes decentralized and centralized purchase methods and group purchasing. The types of materials used in hospitals are outlined including drugs, supplies, equipment and facilities. Departments involved in purchase, storage, equipment maintenance and repair are discussed. The processes of stock verification and condemnation of used equipment are also summarized.
Material management in healthcare aims to provide the necessary drugs, supplies, and equipment for health services delivery. It involves planning, organizing, and controlling the flow of materials from purchase to distribution. Around 40% of healthcare funds are spent on materials. Effective material management is important to supply quality materials at the right time, place, quantity and cost. Inventory control techniques like ABC, FSN, VED, and SDE analyses help classify items based on various criteria to optimize inventory levels and reduce costs while avoiding stockouts. The right analysis and classification allows prioritizing high-cost vital items for close monitoring and low-cost non-essential items for less stringent control.
Ved analysis and Planning equipment and supplies for nursing careBhavinVaria1
This document discusses VED (Vital, Essential, Desirable) analysis, which is an inventory management technique used to classify inventory based on importance. Vital items are highly important and critical, essential items are moderately important, and desirable items are less important. The document then provides examples of how this analysis can be applied to classify medical equipment in a hospital setting based on criticality for patient care. Key equipment needed for a 50-bed district hospital is also listed.
Spare part management is important for minimizing machine downtime and reducing costs associated with failures. There are different types of spare parts that must be classified and stocked optimally using mathematical models or classification systems. Key factors in spare part management include maintenance policies, inventory costs, criticality analysis, and ensuring the right parts are available at the right time. Classification systems like ABC analysis and VED prioritization are commonly used to categorize spare parts and determine appropriate inventory levels.
Inventory control is a technique used by organizations to maintain desired inventory levels. It involves recording all materials, parts, supplies, work-in-process, and finished products and keeping them in stock for a period of time. The goal is to balance inventory levels in a way that best serves the economic interests of the organization. This includes protecting against fluctuations in demand and production as well as controlling stock volumes and distribution. Effective inventory control ensures adequate supply while minimizing costs and better utilizing available stocks. Key aspects of inventory control include planning, procurement, receiving/inspection, storage/issuing, recording, verification, and material standardization. Various analysis methods can be used to classify inventory items for selective control, including ABC analysis, VED analysis
This document discusses inventory control and material management in healthcare systems. It states that inventory control is an important aspect of material management that aims to ensure the right supplies are available at the right place and time. It describes several techniques used for inventory control, including ABC analysis, VED analysis, and FSN analysis to categorize items by importance and usage. The document outlines steps for planning, procuring, storing, and tracking inventory. Effective inventory control is important to minimize costs and ensure adequate supplies and equipment are available for healthcare workers to provide services.
This document discusses various concepts related to material management. It defines material management as planning, organizing, and controlling the flow of materials from initial purchase through operations to distribution. It describes key functions like planning, procurement, inventory management, and storage. Different inventory models are explained including EOQ and ABC analysis for classification and control of inventory. Material accounting systems and roles of nurses in material management are also summarized.
Fazalullah has over 8 years of experience in warehouse and inventory management. He has expertise in SAP MM, Oracle ERP, and advanced Excel. He has managed warehouses and stores for various organizations, dealing with a wide range of materials. Fazalullah is skilled in planning, procurement, receiving, storage, and inventory control operations. He is also experienced in supervising teams and coordinating with other departments.
This document provides an overview of various inventory control methods used in hospitals and other organizations. It discusses ABC analysis which categorizes items based on their annual expenditure. It also covers VED analysis which categorizes items based on criticality for patient care. Other methods discussed include ordering techniques like two bin systems, classification of items as fast/slow moving, and Just in Time inventory techniques. The document emphasizes the importance of proper inventory control and record keeping.
slides with references: find the linked PDFs in my profile's upload section
SIM (stores and Inv Mgmt) unit 2:
Cost associated with inventories:
Ordering cost,
carrying cost,
over stocking cost,
under stocking cost,
other costs associated with service level.
Selective inventory controls:
Need of Inventory control,
objectives of inventory control,
concept of selective inventory control,
basis and use of different types of selective controls:
ABC,
VED,
HML,
FSN,
SDE,
SOS,
XYZ,
Multiple basic approach to selective inventory control (MBASlC) approach to drugs.
Inventory control for community pharmacy- ABC,VED,EOQ,Lead time & Safety stockSriRamyaVaddiparthy
This document discusses various inventory management techniques used to balance supply and demand. It describes inventory control software that tracks inventory levels and forecasts demand. Common techniques discussed include ABC analysis, which categorizes inventory into A, B, C groups based on value; VED analysis, which categorizes inventory based on importance; economic order quantity (EOQ) model, which determines optimal order sizes; and safety stock, which is extra inventory kept on hand to prevent stock-outs. The goal of inventory management is to meet customer demand cost-effectively while minimizing excess inventory.
This document discusses inventory control techniques used in healthcare settings. It begins with introductions to inventory control and definitions. It then outlines objectives like meeting demand and minimizing costs. Techniques covered include ABC analysis, which classifies items based on usage value, and VED analysis, which considers criticality. Other methods analyze items based on unit value, suppliers, or movement patterns. The document also discusses economic order quantity, which calculates optimal order sizes to minimize total costs considering ordering and carrying costs. Finally, it discusses factors that influence when to place orders, like lead times and maintaining safety stock.
The document discusses inventory control model and concepts for effective supply chain management. It describes the types of materials needed in an industrial unit and importance of materials for plant operations. It then explains the inventory control model which operates based on minimum, maximum, reorder and average stock levels calculated using formulas. Factors influencing inventory control like consumption rate, order quantity, and lead time are also covered.
Material management involves planning, organizing, and controlling the flow of materials from initial purchase through use. It aims to obtain materials of the right quality, quantity, time, place, and cost. Key aspects include demand estimation, procurement, storage, inventory control methods like ABC and VED analysis, maintenance and repair of equipment, and disposal of condemned materials. Effective material management is crucial for providing necessary supplies to healthcare workers and delivering quality services to patients.
VED analysis and safety stock were presented. VED analysis classifies items as vital, essential, or desirable based on their criticality for production. Vital items are stocked abundantly with strict control, while essential items have medium stock levels and reasonably strict control. Desirable items have small stock levels and loose control. Safety stock, or buffer stock, refers to extra inventory held to mitigate risks from uncertainties in supply and demand. It is used to prevent stock-outs and absorb variability. The amount of safety stock required depends on factors like demand, lead time, service level, and forecast error.
The document discusses material management in healthcare. It defines material management as the integrated functioning of purchasing and allied activities to achieve coordination and optimal expenditure on materials. The objectives of material management include reducing costs, maintaining continuous supply of materials, and standardization.
The key processes involved in material management are budgeting and planning, demand forecasting, procurement, receipt and inspection, storage, inventory control, distribution, and disposal. Effective material management procedures include taking regular inventories, requisitioning based on needs, receiving and inspecting incoming items, proper storage and protection of items, and ensuring proper use of items.
This document discusses material management in healthcare organizations. It defines material management as planning, organizing, and controlling the acquisition, storage, and distribution of materials needed by healthcare personnel. The key functions of material management are planning and sourcing, budgeting, research, procurement, receiving, storage, accounting and control, issuing, disposal, and maintenance. Effective material management aims to obtain the right materials in the right quantity, quality, time, and place while reducing costs and avoiding stockouts. Principles like POSDCORB guide material planning and procurement processes.
The document discusses material management in healthcare facilities. It defines material management and outlines its key aims and principles, which include obtaining supplies of the right quality, quantity, time and place at the lowest cost. It describes the various functions and elements of material management like procurement, storage, inventory control and equipment maintenance. The primary objectives are economy, continuity of supply and developing good supplier relationships.
PREPARE A POWERPOINT PRESENTATION TO THE COO ANDSILAS OLUDARE
The document discusses key considerations for setting up and managing a warehouse operation. At the strategic level, management must make decisions regarding product development, customers, manufacturing, suppliers/vendors, logistics, and product distribution. This includes identifying products and customers, determining manufacturing infrastructure, selecting strategic suppliers, designing efficient logistics networks, and establishing distribution channels. Operational factors like shrinkage prevention, zero delivery times, and accurate product movement are also important to minimize losses. Capital expenditures include construction costs, material handling equipment, and vehicles. Operational expenditures cover wages, licenses, repairs, supplies, insurance, and taxes.
The document discusses using inventory modeling to develop a holistic inventory strategy. It describes how companies aim to improve service levels while reducing inventory levels, but it is difficult to do both simultaneously without modeling. The document outlines factors like demand variability, supply chain complexity, different types of inventory levels, and demand patterns that must be considered in developing an effective inventory strategy. It provides an example of how modeling helped a manufacturer optimize inventory levels at dealers and distribution centers.
Understand what value can be gained by using simulation-based predictive analytics for supply chain, distribution center, logistics and warehouse design, operations, and improvement
Understand the value of simulation based predictive analytics for distribution center, supply chain, logistics, or warehouse design, operations and performance improvement
The document discusses applying lean principles to warehouse operations to improve efficiency. It identifies seven key areas to focus on: 1) material storage and handling, 2) internal transportation, 3) inventory management, 4) people movement, 5) delays, 6) over-production/processing, and 7) defects. Optimizing these areas can reduce costs, lead times, and inventory levels while improving throughput, customer satisfaction, and competitiveness. Designing lean warehouses brings control, visibility, reduced lead times and costs, enabling high inventory turnover and reducing overall logistics expenses.
The document discusses various topics related to production management. It defines production management as planning and regulating the transformation of materials into finished products. It outlines the 5 P's of production management as products, plant, process, programs, and people. The objectives of production management are identified as achieving the right quality, quantity, time, and cost. The scope and activities at the strategic and operational levels are also outlined. Different types of production and factors affecting plant location and layout are described. Finally, it briefly discusses human resources management and the recruitment and selection processes.
The document discusses capacity planning and management. It defines key terms like capacity, bottlenecks, utilization, and throughput. It outlines factors that determine effective capacity like facilities, processes, supply chain management and more. It discusses Eliyahu Goldratt's Theory of Constraints and how to identify, utilize, and elevate the constraint to improve the system. Common capacity planning strategies like leading, following and tracking capacity are also summarized. The document is intended to help participants plan capacity in their own areas and plants.
Material management aims to manage materials in an optimum manner to provide a pre-decided service to customers at minimum cost. It involves planning, sourcing, purchasing, storing, and controlling the flow of materials. Key functions include purchasing, stores management, and inventory control. Purchasing objectives are to avail materials at minimum cost while ensuring continuous production. Inventory control aims to provide adequate supply without shortages at optimal investment. Techniques like ABC analysis, VED analysis, and EOQ are used to classify items and determine optimal order quantities.
In this, we will read about the Supply Chain Management in Healthcare
The following contents will be described briefly:-
1. What is a supply chain?
2. The process of Views of Supply Chain
3. Objectives of Supply Chain Management
4. Supply Chain Decisions
5. Benefits of Supply Chain
6. Integrated Health Supply Chains
7. New Trends In Healthcare Supply Chain
8. Potential Risks to an Organization and Supply Chain
9. Strategies to Improve Healthcare Supply Chain Management
The document discusses Theory of Constraints (TOC) and capacity planning. It provides an overview of TOC, which identifies the constraint in a system and restructures around it. It also discusses the five focusing steps of TOC to continuously achieve an organization's goal. Various types of production processes like job shops, flow shops, and mass production are described. Capacity planning aims to provide satisfactory service levels cost-effectively through estimating future needs, evaluating existing capacity, identifying alternatives, and monitoring results. Forecasting methods and considerations for capacity planning in services are also covered.
This document provides an overview of topics related to production planning and control. It discusses production planning and control, batch or job production, facility location, capacity planning models, process planning, and industrial safety. The key topics covered include the meaning and definition of production planning and control, elements of production planning like manpower and financial planning, and methods for facility location decision making. Capacity planning objectives and factors affecting capacity are also summarized.
Capacity planning involves both long-term and short-term considerations. Long-term capacity planning relates to strategic issues like facility locations and technology. Short-term capacity planning concerns scheduling, labor shifts, and balancing resource capacities to efficiently handle unexpected demand changes. Critical capacity decisions involve determining optimal levels of raw materials, equipment, labor, storage and integrating these factors based on demand forecasts. Capacity is impacted by various interrelated factors and effective planning is needed to meet requirements at minimal cost while maintaining quality and competitiveness.
Capacity planning involves determining the production capacity needed to meet demand. It considers key questions like what type of capacity is required, how much is needed, and when more capacity will be required. Effective capacity planning can impact costs, responsiveness, and competitiveness. It requires accurately forecasting demand and understanding factors that determine capacity like facilities, processes, employees and policies. Strategies for matching capacity to demand include adjusting equipment, staffing, production methods, and using demand management tactics. Alternatives should be evaluated from economic and non-economic perspectives.
This document discusses key trends and ideas driving new hospital planning approaches. Some of the major trends discussed include: rethinking patient flow to improve the patient experience and operational efficiency; integrating information technology throughout the hospital; and providing flexible, modular spaces that can adapt to changing clinical needs over the long lifespan of hospitals. The document also emphasizes the importance of patient-centered care, efficient operations, flexibility for future changes, sustainable design principles, and creating a healing environment in hospital planning.
This document discusses why it has been difficult to implement predictive maintenance approaches. It describes three situations for one of the client's facilities where predictive maintenance could help reduce costs and personnel: 1) A new facility that could reduce on-site staff, 2) An unmanned installation that wants to reduce visit frequency, and 3) Platforms that want to visit just once a year. The document then provides an in-depth discussion on how to better implement predictive maintenance by addressing organizational and cultural barriers.
This document provides an overview of different facility layout types, including their definitions and key considerations. It discusses office layouts, retail layouts, warehouse and storage layouts, fixed-position layouts, process-oriented layouts, and cellular layouts. The main types of facility layout are described as well as important factors to consider like flexibility, space utilization, and capital investment when designing a layout.
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1. HOSPITAL DESIGN GUIDELINES
FROM OUR DESK TO YOURS
BRINGING TOMORROW’S TECHNOLOGIES TO YOU TODAY
“A SEARCH FOR EXCELLENCE”
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2. HOSPITAL DESIGN GUIDELINES
The art and science behind the designing of a healthcare facility is
certainly complex. Beyond the technical requirements that modern
medicine demands and rigid functional relationships, designers must
cope with a host of issues to ensure the wellbeing of patient, reduction
of stress in the staff, and overall need for designing for sustainability is
critical. The question is –
How do you turn…
VISIONAL
DEMANDS
REALITYinto
3. HOSPITAL DESIGN GUIDELINES
Most Architects and Design Engineers are generally eager to put pencil to paper based on
commonly accepted practices (Best Practices / Lean Design / Reduction of Carbon
Footprints). Square footage requirements are typically a formula:
Although these equations will address traditional standards, each facility is unique;
therefore, should never be approached based on a cookie-cutter-methodology. It takes an
analysis that looks at:
• Interaction between departments
• Material flow to support functions
• Designs impact patient experience
• Flexibility to meet future demands
Staying within Project
Budget Limitations
Departmental Gross Square Foot (DGSF) = Dept. Net Square Feet (DNSF) x Dept. Net-To-Gross Factor
Total Building Gross Feet (BFSF) = Sum Dept Gross Square Feet x Building Net-To-Gross Factor
Total Building Net Square Feet (BNSF) = Sum of All Dept Net Square Feet
Building Net to Gross Ratio = Total BGSF / BNSF = X.XX
4. HOSPITAL DESIGN GUIDELINES
Hospital functions are interconnected – critical departmental space cohesion must be
consider; especially with reverence to inventory movement. Most owners consider
inventory management as Back-of-house-operations, and simply do not discuss
conditions based on budget limitations throughout project phasing, thus accept common
practices. This oversight jeopardizes functional support and patient satisfaction levels
once doors open. Four primary areas need to be reviewed.
5. HOSPITAL DESIGN GUIDELINES
PLANNING AREAS
Supply Chain consists of all the elements, activities,
and processes required to deliver materials to the
patient in the timely fashion. Collaboration and
cooperation, along with information shared
(upstream and down) affect the Supply and Demand.
Healthcare providers focus on providing high quality of care regardless of
cost; therefore, inventory is typically stored onsite in limited qualities
(small central supply, central sterile supply, pharmacy, and laboratory). As
Supply Demands fluctuation costs to maintain levels increase. We don’t
live in a perfect world!
a. Emergencies (a rise in demand during natural disaster events or
extreme conditions that cause a slowing of supply deliveries)
b. Cost inefficiencies (dependency with suppliers)
c. Inability to project replacement points (inventory awareness)
d. Inherent or faulty designs (bogus design phasing policies)
e. Human error / operating error (inventory accuracy limits)
6. HOSPITAL DESIGN GUIDELINES
PLANNING AREAS
Most facilities use Group Purchasing Organizations
(GPOs) to control inventory, do to staff training,
equipment, and space. GPOs typically manage and
control PAR Values and only offering replacement
supplies based material outages. Benefits and
drawbacks of using GPOs over in house staff.
Pros:
a. Increased purchasing power (based on facility size for discounts)
b. Increased menu variety and quality (choices / preferences by staff)
c. Decreased labor cost to manage (less control over functions)
Cons:
a. Membership agreements (added cost to join or annual fees)
b. Deliver and storage capacity (scheduling and site capabilities)
c. Minimum case orders (less qualities and higher cost)
7. HOSPITAL DESIGN GUIDELINES
PLANNING AREAS
On-site storage is designed based on departmental
functions and space availability. Cost per square foot
on-site is higher than remote (warehouses)
Inadequate storage results in:
a. limited assessment to meet special situations
b. Reduced planning objectives and vision for the future
c. Lack of functional adjacencies to support various departments
d. Increased adjustments in operational and staffing time
Remote site storage – make the primary facility “forward-pick”
a. Forward-pick locations can be smaller, because a warehouse
receives bulk items with redistribution as required
b. Security is higher / support multiple locations / inventory
accuracy to control – LOT / Expiration Dates / inventory turns
c. Inventory can be purchased at a great volume / reduce cost per
unit / remove GPOs as management
d. JIT replenishments to areas quicker
8. HOSPITAL DESIGN GUIDELINES
PLANNING AREAS
Logistics – The art and science of obtaining and
distribution of materials in the proper place and
proper quantities in a timely fashion.
Control movement within:
a. Transportation – air / rail / truck / ship
b. Warehousing – receiving / sorting / storing / distribution / waste
c. Third Party Logistics – reflect remote warehouses / management
d. Reverse Logistics – returns / re-use / recycling / disposal
Logistics Value Proposition – achieving patient satisfaction at the lowest
total cost, but not jeopardize quality of service. (6-Goals)
9. HOSPITAL DESIGN GUIDELINES
POORLY PLANNED AREAS RESULT IN
1. Failure of one or more of these areas will force future
modifications to the facility; block projected expansions,
disrupt inventory flows to existing departments, increase
operational costs, and limit patient service applications
2. Achieve balance within an ever changing environment
3. Disrupt original visions, thus limiting life-usable-levels of
equipment, services, and patient capacity levels
4. Increase existing staff stress, increase required manpower
levels to continue services, and inability to meet demands in
times of extreme conditions
5. Lessen opportunities to remain affective as a modern facility
IT IS TIME TO THINK ABOUT A BETTER APPROACH!
10. HOSPITAL DESIGN GUIDELINES
As hospitals strive to reduce costs - to bulk-storage of inventory is
the key to acquire large qualities at reduced cost. Streamlining the
hospital supply chain will decrease operational costs.
Advances of Warehouse Operations to Reduce Costs:
a. Meet inventory level to maintain real-time inventory counts and set up
parameters for automatic recording goals during all conditions through
better forecasting, thus eliminate waste and product shortages
b. Decrease GPO involvement through in-house staff training
c. Maximize provider time efforts; allowing Nurses to spend more time with
patients verses monitoring PAR Levels
d. Ability to track medical equipment, supplies, and devices in real-time (RFID)
e. Manage recalls and reduce expirations to maximize usage
f. Use analytics to make better decisions as to replenishment true needs and
to reduce overage in purchases
Process, policy change, and proper analysis will be required!
11. HOSPITAL DESIGN GUIDELINES
According to research conduced by SMI, some
hospitals will see supply chain costs overtake the
cost of labor by 2022. The question is whether to
outsource or in-house a warehouse operation?
Outsourcing:
a. Trusting third-party for security and accuracy for JIT needs
b. No warehouse Health & Safety Compliance issues
c. Ideal distribution location to ensure timely inbound deliveries
d. Reduce capital investments
e. Shift the risk associated with staffing for management and training
f. No ancillary equipment purchases to ensure inventory accuracy
g. Securing inventory from theft and pilferage (bonded warehouse)
Operating In-house:
a. Control of processes, physical inventory, and data
b. Based on type of operations to determine equipment needs
c. Size of Operations (space utilization) allowing for future growth
d. Number of SKUs Carried to maintain proper inventory flow
e. Type of Materials Carried (generic or specific)
12. HOSPITAL DESIGN GUIDELINES
If you determine In-house is right for you – focus on:
a. Engage outside experts – to properly develop warehouse layout
b. Dock Operations – trends in cross docking, storage, sortation, waste removal,
linens, and process gases – as to access points for loading dock positions
c. Inventory Flow – product zoning, loading and unloading, etc
d. Process Improvement – to reclaim and adjust usable storage space
e. Pick locations – based on ABC (Pareto Analysis) of inventory turns
f. Warehouse future expansion needs – room to expand
g. Ensuring the health and safety of workers – controlled environment
h. Software – (WMS) for controlling inventory levels
i. Automation and equipment – to determine capabilities / layout locations
j. Communications – between primary facility to remote in real time
k. Work Stations – based dispatch operational areas
13. HOSPITAL DESIGN GUIDELINES
WAREHOUSE PRODUCT FLOW
KEY – when designing consider the following
F = FLOW (process of inventory movement)
A = ACCESSIBILITY (ease of storage and retrieval)
S = SPACE (optimization of area)
T = THROUGHPUT (quickest possible / min steps)
Bulk, rack, carousel, conveyors, etc could
be used (check with the experts as to
throughput requirements)
14. HOSPITAL DESIGN GUIDELINES
Decisions need to be made – are you going to meet the demands of the future
or continue as before. Why not make the right decision. Allow us to work with
you during Pre-schematic Phase Design. Don’t rely of Best Practices to turn your
Visions into Reality! It is time to step out to what the future demands.
Albert Einstein suggests:
“Logic will get you from A to Z; imagination will get you everywhere”
“The world as we have created it is a process of our thinking. It cannot be
changed without changing our thinking”
We are here to help you in that change!
RemTecH Associates LLC
Box 341, Van Texas 75790
remtechassociates@gmail.com
https://www.remtechassociates.com/
972-467-7829