Stock management delivers at Victoria’s oldest hospital

Stock Management Delivers Transformation

Stock and consumables management delivers cost efficiencies, productivity benefits and improved medical outcomes for Victoria’s oldest hospital after implementing a new stock module to its existing Hardcat asset management solution.

With the help of a new stock module from the suite of Hardcat products, Royal Melbourne Hospital (RMH) has achieved a complete transformation in the way it procures, manages and stores spare parts used in the maintenance and repair of critical medical equipment used in clinical operations.

Extended functionality according to Lakshmi Thiru, a Biomedical Engineer in RMH’s Clinical Engineering Department (CED), the new stock module from Hardcat has helped to extend the benefits provided by the Australian asset management software company’s existing asset management solution rolled out in 2015.

Implementing the stock module has been the driver of a substantial transformation within our department, Thiru said. It has allowed us to better manage the spare parts we keep on hand and to monitor our usage of these parts.

Stock Tipping points identified through the Hardcat Stock Management module are the ability to set up alerts when minimum stock thresholds are breached.

Transforming RMH’s management of Critical Medical Equipment

When the inventory of spares for a particular part held in stock drops below a certain number, we are automatically notified, Thiru said. We then use this function to generate a weekly stock re-order report to assist in placing orders and maintaining our stock of parts at a serviceable level.

Cost efficiency, productivity benefits and improved medical outcomes abound for Victoria’s oldest hospital after implementing a new stock Management module to its existing Hardcat asset management solution

Implementing the stock module has been the driver of a substantial transformation within our department, Thiru said. It has allowed us to better manage the spare parts we keep on hand and to monitor our usage of these parts. Through use of the image upload feature, we are now easily able to identify and locate the relevant spare parts we keep on hand when we need them.

Hardcat Stock Management Module

Track, re-order, move, change and report on consumables and spare parts anywhere, anytime and know the location and quantity “on-hand”. By managing the “how, when and what quantity is used for what purposes”, the operator maintains optimum stock levels (not too high not too low) as well as a complete history of pricing changes and supply chain information.

More: Hardcat stock, consumables and inventory control solutions

Hardcat’s Stock Management module combined with a range of Hardcat solutions will supply you with everything you need to optimise your business processes.