MATERIALS MANAGEMENT SYSTEM Flashcards
MATERIALS MANAGEMENT SYSTEM GOAL
To ensure that services are rendered successfully from one source to an end user.
manage functions like purchasing (a process of procuring
something), accounting, inventory management, and patient supply charges.
Materials Management Information Systems (1996)
the return of damaged goods.
Item Indents and Issues
6 Purchasing Flow
- Purchase Request
- Purchase Quotation
- Purchase Order
- Good Receive Purchase Order
- Account Payable Invoice
- Outgoing Payment
A document containing specifications, delivery date, material origin, calibration certificate, warranty (parts and services), and control number.
Purchase Request
generally is a document which is made by a user to notify the purchasing department regarding needed items and services. It is also the first step in the process of purchasing. This is used internally to identify a need for item.
Purchase Request
Pricing for the requested materials.
Purchase Quotation
Allows one to track the vendor quotations for items.
Purchase Quotation
Confirmation of requested materials within a nominated supplier
Purchase Order
4th step of Purchasing
Good Receive Purchase Order
May be a partial or temporary delivery receipt if incomplete
Account Payable Invoice
where accounting appears
Outgoing Payment
An important part of refining the quality of healthcare services since the lives of people are on thr line and medical costs are increasing
Inventory Control
He states that the ___________ is one of the biggest expenses for most medical institutions.
Johnston (2014) | Inventory
it plays an important part in refining the quality of healthcare services.
Inventory
4 Strategies for Improving Inventory Control:
- Making Sure shippers are accurate / Ensuring Shipment Alignment (Delivery Terms)
- Aligning with Scales Projection (Highly Vulnerabke to innacuracy)
- Compliance with regulations
- Establishing Buying Cycles
Minimum quantity of an item that a company has in stock
Reorder Level