Get Hospital Inventory List

Inventory is a valuable business asset. Businesses take inventory so they know how much they have on hand at a specific point in time. Inventory includes both finished products, work-in-process (products in various stages of completion), and products to be used to make new sales items (called).

The primary objective in terms of holding inventory is to ensure that customer service targets can always be met without compromising cash flow or running out of stock. When customers cannot purchase what they need, when they need it, they often cease to be customers.

Inventory is the array of finished goods or goods used in production held by a company. Inventory is classified as a current asset on a company's balance sheet, and it serves as a buffer between manufacturing and order fulfillment.

As medicines and other surgical equipment are the most used products/items in a hospital, every hospital must always maintain a good stock of lifesaving medicines, injections and disposable surgical items like syringes, masks, gloves and more. ...

in·ven·tor·y (in'v n-t r- ) A detailed, often descriptive, list of items, tools, devices, dressings, or materials. Medical Dictionary for the Dental Professions © Farlex 2012.

Inventory management saves you money and allows you to fulfill your customers' needs. In other words, it enables successful cost control of operations. Knowing what you have, what is in your warehouse, and how to manage the supply chain properly is the backbone of business.