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Effective management of product expiration is essential for cost savings and maintaining profitability in the medical industry. When medical supplies expire due to improper use or storage, it leads to financial losses for healthcare facilities. To prevent this, medical centers must adopt efficient strategies to regulate and reduce the use of outdated supplies.

One approach that has gained popularity is the use of Electronic Data Interchange (EDI) systems for product management. In fact, over half of the hospital systems, today have already implemented EDI systems to manage their medical supplies. Despite the successes with EDI systems for product management, there is more that needs to be done to curtail the problems of product expiration.

According to industry experts Yunati and Pasha Shahid, hospitals can greatly benefit from implementing a well-planned strategic sourcing strategy. The first step towards achieving this is to clearly define the responsibilities of the purchasing department in terms of acquisitions. Once these responsibilities have been defined, the next step is to enlist qualified personnel who can help identify and select reliable suppliers. For example, National Suppliers of America Inc., based in Houston, Texas, is a reputable supplier that offers a wide range of affordable, high-quality products.

Furthermore, Yunati and Pasha Shahid claimed that by employing benchmarking and analytical resources outside of their GPO for their supply, medical equipment, physician preference items, and acquired services, hospital management can make sure that their hospitals receive the best rates and contract terms available. Reminiscing on the state of things in the medical supply chain from 2020 to 2021, Dr. Williams believes the supply chain problems being dealt with every day are not limited to PPE, masks, gowns, and gloves. The entire United States supply chain is plagued with problems involving caterers, needles, syringes, IV bags, tourniquets, blood collection tubes, and much more.

To combat product expiration, a holistic approach is crucial. During the COVID-19 pandemic, shortages of medical supplies and staff were acute and required identification and resolution of their causes. Safeguarding medical staff is a primary priority to avoid fraud, non-delivery, and lawsuits that could harm any organization. Having visibility into a hospital’s supply chain inventory is crucial to staying on top of supply restrictions, regardless of a hospital’s location.

The National Suppliers of America are committed to helping hospitals in the United States to make a difference, meet the demands of Americans on the healthcare system, and maintain a smooth supply chain system.

Media Contact
Company Name: MedProtect Global Supplies LLC
Contact Person: Pasha Shahid
Email: Send Email
Phone: 832-808-0862
Country: United States
Website: https://www.medprotectglobal.org/