Savings

Direct Savings

• Decrease in Owned Inventory Value - Typically 5 to 20%
• Improved Par Level Management - Decrease in Annual Spend
• Decreased Loss due to Obsolescence
• Credit for Items Returned to Vendor
• Lower Emergency Freight Expenditures

Operational Savings

Saving of up to 5% of spend in each clinical area, depending on Level of Supply Chain Automation and Data Integrity

• Reduce reassignment of Clinical staff for supply chain activities
• Item File/Data Related Savings
• Expanded Utilization of Existing IT Assets/Software through increased electronic requisition
• Lowered resources dedicated to invoice resolution through decreased AP/PO Invoice Discrepancies
• Improved Payment Discounts
• Enhanced Reporting Capabilities such as budget/item utilization