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Inventory Management Software - Cost Savings in the NHS
Smart Use is a sophisticated and easy to use materials management system that captures usage and inventory data at the point of use, accurately matching supply to demand, and can reproducibly demonstrate savings across all departments.
The amount of inventory a Trust holds can be optimised, resulting in significant cost savings, and staff efficiencies, whilst improving service levels.
By rationalising order requests and continuously monitoring usage, stock can be maintained at optimum levels at each location, thereby minimising duplication of ordering, stock-outs and wastage.
Achieves Recurring 10-12% Cost Savings
Potential reductions in inventory levels averaging 45%, and indicative recurring savings of between 10% and 12% have been achieved in a number of areas such as pharmacy and blood supplies through the implementation of inventory management systems.
The Smart Use system provides a practical, flexible tool to facilitate the implementation of total supply chain excellence in the NHS.
More about Smart Inventory Management
Comprehensive range of Management Reporting tools
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