How A Periodic Update Of Your PAR Levels Can Save Your Hospital Millions

PAR levels (or periodic automatic replenishment levels) have been used in industry for decades to help businesses of all kinds keep just the right amount of inventory on hand without suffering from excess. Many hospitals solely rely on “gut feel” in order to understand how many items of each product type they should keep on hand at any given time. The lack of understanding of the utility of PAR levels, and the lack of data to periodically update those PAR levels, could be costing the average hospital millions of dollars in bloated inventories.

Read more on this subject in our whitepaper, which includes why it is important for hospitals to set PAR levels and how to settle on the "right" PAR levels.