SPT 130

Consumable items that are stored in central Service and other assigned storage systems

• official inventory
• unofficial inventory
• consignment
• loaners

When items are needed immediately, or at once.

• STAT
• NOW
• ADR
• MOO

The number of times per year that inventory is purchased, consumed, and replaced.

• Inventory Turnover Rate

• 17

• inventory repopulation

• apple turnover rate

Something of value that is owned by an organization or person.

• Asset
• cash $
• consignment
• Loaner sets

Detergents, sterilization quality assurance products, and other items that are purchased, used up and replaced.

• Consumable Inventory
• patient care supplies
• capitol supplies
• budget staples

Sterilizers, mechanical washers and other expensive items.

• Capital Equipment
• patient care machinery
• medical equipment
• SOUP

The inventory management strategy that pays the most attention to the items with the highest dollar value and less attention to items with the lowest dollar value.

• ABC Analysis
• capital analytics
• inventory alignment
• budget staples

The act of withdrawing supplies from storage for transfer to the areas where they will be used.

• Issue
• official inventory
• Distribution
• withdrawl

An organization wide quality approach based on participation of all members

• Total Quality Management

• Root Cause Analysis

• Quality Input Measurement

• Quality Management Total

An activity to identify and resolve task related problems that yield poor quality.

• Process Improvement
• Task improvement
• quality gauging
• process resolution