Centralized purchasing controls costs and improves profits.
The materiel manager's role requires the proper interfacing of two very important functions--purchasing and inventory control. This article explores inefficient practices that cause supply and inventory costs to rise and examines some techniques that can be applied to reduce inventory investment.
D002497:Centralized Hospital Services; D003363:Cost Control; D006739:Hospital Administration; D007182:Income; D007445:Inventories, Hospital / Q000191:economics; D011682:Purchasing, Hospital / Q000458:organization & administration*; D014481:United States