Purchase Solution

Importance of Inventory Control

Not what you're looking for?

Ask Custom Question

What are the advantages of inventory control in a healthcare organization. Does just in time inventory apply to the health care setting? What issues might an organization need to be prepared for?

Purchase this Solution
Solution Preview

Inventory control is of the utmost importance in a healthcare organization, largely due to the fact that it is crucial that healthcare organizations keep very careful tabulations of the inventory that they have, due to the fact that the inventory is crucial to the health and well-being of their clients or patients. Due to this fact, good inventory ...

Solution provided by:
Marcel Parker, MPA
Education
  • Criminal Justice, Elizabeth City State University
  • Master of Public Administration, North Carolina Central University
Recent Feedback
  • "Excellent work, from the time of my post to the time I received a response was days ahead of my requirements. "
  • "Great, Thank You for our Help!!"
  • "Excellent, thank you "
  • "Thank you"
  • "Thank you!"
Purchase this Solution
Free BrainMass Quizzes
Labor and Delivery

Do you know about the stages of delivery? Find out with this quiz!

Celiac Disease

This quiz will provide a brief introduction to Celiac Disease. Questions will focus on definitions and symptoms.

Stress Continuum

All humans experience stress and a certain level is motivating for learning. However, a high level of stress for prolonged periods of time may have a negative impact. This information focuses on the four stages of stress. Understanding stress assists in maintaining a healthy level.

Tumor Markers

This quiz help you memorize common tumor markers used to detect and diagnose some types of cancer.

Test your health planning and program evaluation knowledge

Health planning and program evaluation is an important aspect of the Health Sciences' field. Organizations and communities must understand the needs of their audiences, and a way to obtain this datum is through proper design and assessment. This quiz will test your ability to understand the importance of planning and evaluation in the health sector.

View More Free Quizzes
Related BrainMass Solutions

  • Difference in perpetual vs periodic inventory method

    Safeguards assets, encourage proper recording of transactions Difference in perpetual vs periodic inventory method; importance of control programs

  • Inventory Control Importance in an Enterprise

    Inventory control importance in an enterprise is examined.

  • Common Elements of Four Operations Management

    At the same time, improvement is also required in case of business expansion of book store with inventory management, capacity control and quality maintenance of books.

  • internal controls

    2-Please explain the internal control for inventory and the types of systems? 3-Please explain what the Sarbanes-Oxley act is? 4-Please explain the 6 principles for internal control?

  • Management - Organization Information

    What is the importance of the master production schedule in an MRP system? I. What is the importance of lead time in an order point system? J. What MRP concepts has your organization implemented? Were these implementations successful?

  • Depth Inventory Management Analysis

    In any case, smaller items are just as important as a larger item due to the overall importance of satisfying the consumer demand. The planning and control mechanism is demonstrating the following objectives to succeeding in inventory: a.

  • ABC Analysis Tutorial

    The ABC group allows the inventory manager different inventory controls on the different groups of inventory. There are usually strict inventory control needs on groups "A" and "B". Group "C" inventory items have a looser control over them.

  • Operations Management Simulations

    - What are lessons learned relative to the importance and effectiveness of process control, managing process layouts, and inventory management?

  • Improve weak internal controls to better safeguard assets

    Physical security of inventory is more important than the security of cash in the bank, for example because more people have access to inventory even though cash is better to steal than inventory.

View More Related Solutions