Aster Health Academy

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Inventory Management for Healthcare

Optimize resources allocation for enhanced patient outcomes

Course Outcomes:

About the course:

According to Revcycle Intelligence, approximately 25% of a hospital’s operating budget is allocated to supply chain management. With such a substantial investment, the need for efficient inventory management is paramount. Moreover, a recent analysis reveals that by effectively reducing variation and waste in healthcare supply chains, individual hospitals could potentially save up to $11 million annually. This underscores the significant financial impact of implementing streamlined inventory control strategies.

 

Our program in “Inventory Management for Healthcare” addresses these pressing challenges head-on, equipping participants with the tools and techniques necessary to optimize supply chain operations. From mastering inventory classification systems and demand forecasting methodologies to leveraging advanced models like autoregressive integrated moving average (ARIMA) and economic order quantity (EOQ), graduates emerge prepared to drive cost savings and operational efficiency in healthcare settings. With nearly a quarter of a hospital’s budget at stake, the value of effective inventory management cannot be overstated, making this certificate program essential for healthcare professionals aiming to enhance organizational performance and deliver superior patient care.

Curriculum:


Inventory Fundamentals and Tracking Systems

1
Introduction to Inventory Management in Healthcare
2
Inventory Classification and Tracking Systems
3
Demand Forecasting and Averaging Methods
4
Trend, Seasonal, and Cyclical Models

Inventory Optimization and Management Systems

1
Development and evaluation of inventory management models in healthcare
2
Order Amount and Timing Strategies
3
Inventory Systems and Lean Principles
4
Procurement and Vendor Relationship Management

Who this course is for:

  • Healthcare professionals seeking to enhance proficiency in inventory management within medical settings.
  • Healthcare professionals responsible for inventory managers, supply chain analysts, and procurement specialists.
  • Individual professionals responsible for optimizing resource allocation and minimizing waste in healthcare facilities.
  • Professionals aiming to advance their careers in healthcare administration, operations management, or supply chain logistics.

Knowledge Partner:

RV University

With a legacy of 8 decades in nation building through education and research, RV University stands tall as one of the finest educational institutes of India with their world-class faculty, infrastructure, leadership, and collaborations. Combining RV University’s academic strengths and Aster’s extensive experience in healthcare, the alliance promises a holistic learning experience for learners through a unique blend of theoretical knowledge and real-time industry experience, enabling them for substantial grow in their careers.

Sample Certificate:

FAQ:

The course duration will be 3 hours
You will be granted full access to the learning content for 3 months, starting from the date of enrollment.
Yes, participants choosing the paid option at INR 2999 will receive a certificate; otherwise, the course is free.

Academic Team

Dr. Kali Charan Sabat
Associate Professor School of Business, RV University

Curriculum:


Inventory Fundamentals and Tracking Systems

1
Introduction to Inventory Management in Healthcare
2
Inventory Classification and Tracking Systems
3
Demand Forecasting and Averaging Methods
4
Trend, Seasonal, and Cyclical Models

Inventory Optimization and Management Systems

1
Development and evaluation of inventory management models in healthcare
2
Order Amount and Timing Strategies
3
Inventory Systems and Lean Principles
4
Procurement and Vendor Relationship Management

FAQ:

The course duration will be 3 hours
You will be granted full access to the learning content for 3 months, starting from the date of enrollment.
Yes, participants choosing the paid option at INR 2999 will receive a certificate; otherwise, the course is free.

Duration: 3 Hours

Level: intermediate

Price:
Buy Now

Batch Start Date

Jun, 2024

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    Includes

    Full lifetime access
    Access on mobile and TV
    Inventory Management for Healthcare
    Price:
    INR 2,999
    Buy Now
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