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Essay / Research Paper Abstract
A 4 page review of an article published in the December 2003 edition of “Hospital Materials Management” concerning an automated inventory system. This paper recounts the benefits of such systems and notes their growing acceptance through many business arenas. No additional sources listed.
Page Count:
4 pages (~225 words per page)
File: AM2_PPhspInv.rtf
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Unformatted sample text from the term paper:
1, 2003 article in "Hospital Materials Management" emphasizes the growing importance of information systems in modern business. Inventory management is one of the most basic business tasks in hospital
administration. In recent years, at least for a substantial percentage of hospitals, inventory management has progressed from a tedious process involving periodic manually-conducted inventory reviews to a highly automated
process which is updated automatically on a transaction by transaction basis. The advent of computer-based information and tracking systems has made this rapid transition possible. New inventory procedures
can automatically keep track of both inventory and invoicing as well as alert administrators when supplies are increasing in price or usage is either plummeting or increasing.
The December 2003 article describes a modified inventory taking process which occurs on the hospital floor. While previously inventory of medical supplies was
a complex procedure and one which involved the use of stationary computer terminals, the process implemented in this article has resulted in inventory constantly being taken from any location in
the hospital. One of the first hospitals to utilize such a system was Dartmouth Hitchcock Medical Center in Lebanon N.H. This 435 bed facility introduced Pocket PCs (more
specifically Hewlett Packard IPAQs equipped with bar code scanners) to streamline its inventory process and to:
"reduce staff time in ordering; to reduce departmental inventory; to capture accurate usage information; to reduce stock outs: and to be sure the hospital was buying off contracts wherever
possible" (Hospital Materials Management, 2003). Progressive inventory management such as that described in
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