Why Managing Inventory is Essential to Supply Chain Management

There are a lot of business owners looking to their supply chain for cost savings in the current economy. With the price of oil so low, this is a great time to realize cost savings. However, there is much more to supply chain management than just fuel costs. One of the biggest cost areas for many companies is in inventory management. By …

Tips to Improve Hospital Materials Management

Hospital materials management is a complex process. Improving materials management reduces overall cost and increases service quality. There are a number of things hospitals can do to improve their materials management. Below are a few tips to assist you in improving materials management within your organization. Analyze stock – It is crucial that specific materials be in the right place …

Keeping your Inventory up to PAR with PeopleSoft Supply Chain Management

The supply chain is the second largest expense for healthcare providers. It is the key to creating a better end to end visibility of all their healthcare inventory supplies. PeopleSoft Supply Chain Management offers you the tools to running a better business including PeopleSoft Inventory. All of your hospital inventory is centrally maintained in PeopleSoft Inventory. However, inventory transactions are recorded …

Automating the Hospital Supply Chain

Hospitals spend billions of dollars each year ordering medical supplies required for medical procedures. But the sad fact is that a lack of efficiency within the hospital supply chain also creates billions of dollars in excess costs every year. Fortunately automating a hospital’s supply chain will simultaneously cut costs and make hospital supplies more easily replenished. Why Automating the Supply Chain Is …

Cross-Module Issues Hindering Hospital Material Transfer?

Hospitals everywhere share the responsibility for the health of their patients among several internal and even external units. Often, providing the best care possible requires the transfer of hospital material from one inventory location to another, between hospital units, from one hospital to another or even between a research facility and a hospital in as timely a manner as possible. Each …

PeopleSoft 9.2 Update Image 10: Making Realtime Management Easier

Oracle has once again delivered with their new mobile experience-centric program for PeopleSoft Financials and People Supply Chain Management. This time, an improved user experience has been the focus within PeopleSoft 9.2 Update Image 10. Updates to an already sleek and intuitive UI provides an interface that is both responsive and interactive across mobile platforms such as smartphones, tablets, and …

PeopleSoft Supply Chain Management: Saving Lives & Making Hospital Management Easier

Inventory management is rarely a life and death issue. But, it is in hospital management. This is perhaps the primary reason so many health care management teams turn to PeopleSoft Supply Chain Management.  Prioritizing Purchase Orders That Really Matter In a hospital or clinic, high-priority requisitions may literally be a matter of life and death. Risk to patients is significantly increased when the …

Better Hospital Supplier Management through Real-Time Feature

Streamlined hospital supplier management doesn’t just improve operational efficiency, it also ensures patient need is first priority. PeopleSoft automates hospital supplier management processes, securing inventories that don’t suffer stock outages at crucial times. This is largely due to a real-time inventory management feature that keeps providers up-to-date with supply chain management action as things happen. As of 2015, 45% of vendors place …

Hospital Supplier Management Growth Opportunities

In general, the Supply Chain Management market industry has been gaining in popularity as a process that works. Progress in the supply chain marketplace is changing in that supply chain management as a field of work and study is gaining popularity. Twenty percent of ThomasNet North American Scholarship recipients are choosing supply chain management. The sector that has seen the most growth is in healthcare and specifically …