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Cost analysis of hospital material management systems
P J Egbelu1, C M Harmonosky, J A Ventura
1Department of Industrial and Manufacturing Systems Engineering, Iowa State University, Ames, USA.
Abstract:
Integrated healthcare material management begins with manufactures of medical/surgical supplies, uses distributors and ends at the point of use at hospitals. Recent material management philosophies in the healthcare industry, such as just-in-time and stockless systems, are yet to be fully evaluated. In order to evaluate the cost effectiveness of each type of material management technique, a cost model for hospital materials management has been designed. Several case scenarios are analyzed and results are reported.
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