Oakwood Hospital & Medical Center
Oakwood Hospital wanted to maintain a “true” count of what products were on hand and what products were turning over the fastest. They also wanted to accurately track the inventory's expiration dates to increase inventory efficiency and decrease cost by eliminating waste.
Since implementing STANLEY Healthcare's SpaceTRAX, Oakwood Hospital has used inventory data to effectively negotiate a reduction in average device procedure costs exceeding 15%. The staff knows how much product is expired, expiring in 30 or 120 days and now has 0% expired product in inventory.
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