Control stocks with GS1 standards
A poorly managed inventory system can lead to over- and under-ordering. And even put patients in danger. GS1 standards help you manage your stock – efficiently and easily
Holding too much stock creates waste and requires expensive storage space. But an inventory system of small, frequent orders is also highly inefficient – using up valuable admin time and meaning economies of scale can be missed. In terms of patient safety, it can also increase out-of-stocks and the potential for cancelled procedures.
Building your inventory management system on GS1 standards enables total stock visibility and precise ordering. And it reduces wastage, out-of-stock situations and improves savings and patient safety too.
GS1 standards can:
- Minimise inventory held
- Sharpen demand forecasting
- Reduce staff costs for inventory management
- Improve recall efficiency and effectiveness
Read our guidelines document and understand how an inventory management system built on GS1 standards will deliver efficiency and cost savings.
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