MODULE 18 Flashcards
making sure that the services go successfully form one source to an end user
MATERIAL MANAGEMENT SYSTEM
this includes several areas of the hospital and could drastically effect medical institution expenses
MATERIAL MAGANAGEMENT SYSTEM
used as a first step in the process of purchasing
PURCHASE REQUEST
using this form the users notifies the purchasing department regarding the needed items and services
PURCHASE REQUEST
can be made manually or out of the purchase requisition
SINGLE QUOTATION
is one of the biggest expenses for most medical institution
INVERTORY
it plays important part of refining the quality of healthcare services, since the line of the people are on the line and medical cost are increasing
INVENTORY
it is used for maintenance of the attributes of the items such as product type, item class, item type, and others.
ITEM TAB
is the minimum quantity of an item that a company has stock in
RE ORDER LEVER
is the basic reordering method implemented in many ERPs and other inventory management software
MIN/MAX INVERNTORY ORDERING LEVEL
represent the stock level that prompts the re order
MIN LEVEL
sets new targeted level that follows the reorder
MAX LEVEL
is often interpreted as the main difference between the MIN and MAX value
ECONOMIC ORDER QUANTITY