Healthcare Supply Chain Technology and Strategy

New Quick Count Module  How do you eat an elephant? One bite at a time   How do you manage your warehouse inventory? Cycle Counts. Cycle inventory counting is an inventory management approach where part of an inventory is counted each day. A counting schedule is developed, and specified areas of inventory are checked according to the schedule.  Using the new MDS QuickCount module it's a simple 3 step process.  Three simple steps Create and upload count list in Excel or Spreadsheet Enter counts into system after counting Update variances and run report to verify your inventory Enter your Counts Run your report Cycle counting is an important inventory management approach that provides many benefits. Accuracy and Pilferage Reduction Cycle counting, involving inventory assessment with an automated system, keeps accurate data with less chance of error because fewer items are inventoried at one time. Fewer items will be stolen from inventory if employees understand that in...

Easily  generate and monitor your daily cash flow using the MDS Financials Module Small businesses run on cash and knowing where cash is and where it’s gone is among the most important things a small business owner can know. For those of you who either don’t know what a cash flow statement is or don’t think it’s very important here are some reasons you might want to reconsider your position on this topic: A cash flow statement can tell you if you’re running out of money while you’re profitable.  Yes, profits are incredibly important if you’re a small business, but cash is even more important.  It’s possible that fast growing businesses can be profitable, and at the same time run out of cash.  A cash flow statement can tell you if this is happening. A cash flow statement can tell you if the owner is taking too much money out of the business.  Many small businesses are pass through organizations and are taxed as Subchapter S Corporations.  Owners of these com...

Healthcare Reform Drives Physicians Towards M&A and Hospital Buyouts The era of the independent doctor, running a quaint hometown practice as a small business, is coming to a screeching halt. About 2,910 physicians were involved in mergers or acquisitions last year -- nearly double the number in the previous year -- according to a new report from  PricewaterhouseCoopers  (PwC). Mergers and buyouts among physician practices is already at record numbers this year, and expected to balloon as the new health reform law is implemented. As more and more doctors join hospital groups the differences in buying patterns will put stress on existing supplier relationships. If you are distributor servicing a hospital now, you have the  opportunity  to expand you business with the influx of new doctors who will now be purchasing supplies within the hospital supply chain. Are you poised to take advantage of this growth ?  - As doctor's start to use the hospital supply chain...

Automated purchasing by vendor So thirty three years ago Gordon Graham published his book on distribution and inventory management. However its not available as an Ebook yet ,sorry ipad and kindle folks. If you want the updated version you can look at http://www.naw.org/publications/pubs_item_view.php?pubs_itemid=41 this is literally the same stuff. Now that you understand there is nothing new under the sun on that side, we can at least make it easier to do what the system tells you. The updated MDS automated purchase order generation system now allows you to view each vendor , check minimums and automatically generate your purchase orders to be sent via EDI or Fax/Email. Here is the Book Information - worth taking a look.. Title Automated inventory management for the distributor Author Gordon Graham Publisher CBI Pub. Co., 1980 Original from the University of Michigan Digitized Aug 12, 2011 ISBN 0843607947, 9780843607949 Length 234 pages For more information on TSH or MDS call The...