A Material Management Information System is used to compile and integrate information about an organization’s inventory throughout the purchasing, storage, delivery, and use of materials. The system tracks the movement, levels, and requirements of inventory items to coordinate all aspects in the process. Alerts when inventory levels reach specific benchmarks and comprehensive reports are components to MMIS.
Advantages to MMIS include improved efficiency with inventory management and purchasing through streamlining processes. In healthcare this usually includes accounting, procurement, and reductions in material delivery time.