Supply chain management has been the subject of a seven-month training
course in the US, throughout which the importance of inventory
management has been stressed in particular.
Gainesville-based Northeast Georgia Health Systems (NGHS) has been the
subject of such training, and as such has managed to not only reduce its
costs but, due to a renewed focus on inventory management, now has the
ability to understand precisely where its goods are, 24 hours a day,
seven days a week.
"That knowledge reduced necessary medical inventory investments while
also improving patient access to those important items," explained one
analyst in a statement made to the press.
Such inventory management can be utilised by many businesses to ensure
that less warehouse space is used up, therefore saving costs.
There are also benefits to suppliers of perishable goods, as having more
precise inventory deliveries will cut out the need for cold storage, and
eliminate the risk of goods being destroyed.
However, undertaking such changes to a supply chain can be a large
operation, and outsourcing the changeover can often save a company both
time and money.
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