Glossary

What is suture management?

Suture management refers to the management of inventories of suture and endo-mechanical products.  The primary objective is to ensure that...

What is supplier management?

A systematic approach of assessing suppliers’ performance, strengths, weaknesses and capabilities to determine how best to segment and engage on...

What is pandemic preparedness?

Pandemic preparedness is the creation and implementation of proactively established action plans and pre-determined, situation-specific orders and pandemic product storage...

What is meant by perioperative?

Perioperative is that period of time before, during, and after a patient’s surgery. However, in many instances, it is referring...

What is LUM?

The current meaning of LUM regarding supply chain management is "Logical Unit of Measure". Other commonly referenced terms are "Low...

What is inventory visibility?

Inventory visibility refers to the ability to see data or information on your inventory. At its most basic inventory visibility...

What is inventory management?

Inventory management is people, processes and technology integrated together to provide the right product in the right number of units...

What is Emergency Preparedness?

Emergency preparedness is the creation and implementation of proactively established action plans and pre-determined, situation-specific orders such as hurricane orders...

What is customer-owned inventory management?

Customer-owned inventory management is the practice of a supply chain management company controlling warehousing, pick, pack, ship and delivery of...

What is bill only?

Bill Only typically refers to those products that are delivered the day of or the day prior to a procedure....

What is an enterprise dashboard?

An enterprise dashboard is typically a feature of a software solution that, for the purposes of a hospital, aggregates data...

What is a surgical procedure kit?

A surgical procedure kit is a kit that contains nearly everything needed for a procedure. Typically for procedures, the supplies...

What does outsourced logistics mean?

Distribution, warehousing and logistics services for manufacturers, including all operational needs such as customer service, order origination, invoicing and accounts...

What are Unique Device Identification (UDI) codes?

UDI codes are an alpha-numeric code established by the Food and Drug Administration to adequately identify medical devices through their...

What are physician preference cards?

Physician preference cards are cards maintained by the hospital that list a physician’s preference for supplies and the procedure room...

What are PAR levels?

Periodic Automatic Replenishment or PAR levels are the minimum and maximum levels quantities hospitals establish for products they hold in...