"Inventory Analysis and Optimizing Staffing"

• Recommend a strategy for financial administrators to balance the tension between having inventory on hand when it is needed versus the carry cost to the organization. Provide support for your recommendation.
• Assumethatyouareahealthcareadministratorinahospital,andyouareresponsibleforstaffinglevels.Suggestanapproachtostaffingfor24/7coveragethatoptimizespatientcare,minimizescost,andproducesthehighestlevelofemployeesatisfaction.Providesupportforyourrationale.
• i need a paragraph for each answer

1.One of the highest recurring costs in health care is administration costs. Hospitals invariably spend thousands of dollars on facility and patient administration. If I were the financial administrator of a hospital the first thing I would do is initialize a capital budget for bringing in Electronic health records for patient administration. Once this is initialized it becomes very easy to cut down on administration staff as details of patents will be available to doctors and other staff through the computer. There will be fewer delays in waiting time and also in patient days in hospital. This will reduce cost by more than 10% as EMR are expected to automate the very important 2. patent "Inventory record Analysis and is and accessible throughout. Optimizing Staffing" Manufacturing firms have adopted JIT to cut costs and achieve cost leadership and advantage. Just in time processes not only add value to inventory control processes they also reduce waste by reducing waste times, inflated inventory costs waste material and people movement and many other unproductive activities that result from holding unnecessary inventory .The greatest strength of JIT processes is that it works on a totally dedicated technolgy platform identifying the right levels of inventory and designing an optimum inventory plan and a layout that cut costs and reduce the number of people needed to work on inventory control processes .JIT reduces batch sizes, set-up times and safety stock, ergo costs are trimmed and value is added. In order to bring in the relative advantages accruing to this value add employees must be shaken out of the old methods and trained on JIT processes as quality should be enforced organization wide. 3. An approach to staffing that would bring in efficiency is adopting an Employee Scheduling and Labor Management Applications which can streamline and automate the process of clinical staff scheduling. This tool would support real-time functions of productivity measurement, employee shift scheduling, census-based cost controls, float pools and more. A tool that is so initiated can help control labor costs, minimize compliance risks, improve staff productivity and deliver the highest quality of patient care. Technolgy an web based solution which is one time cost should be implemented