PURCHASING JARGON
A PERIODIC AUTOMATIC REPLENISHMENT SYSTEM IS USED TO DETERMINE THE QUANTITY OF INVENTORY ON HAND THAT AN ORGANIZATION SHOULD HAVE AT ALL TIMES
What is a PAR LEVEL?
THESE AGENTS RESEARCH, REQUEST PROPOSALS, EVALUATE THOSE PROPOSALS AND ACT ON THOSE PROPOSALS FOR A PROFIT IN SOME FORM
What is a BUYER?
SHE IS THE HEAD BUYER AND DIRECTOR OF MATERIALS MANAGEMENT
WHO IS ANGEL BENNETT?
IN THE O.R. CORE THIS COLOR OF BIN INDICATES THAT BOTH OF THE ITEMS BINS' NEED RESTOCKING
What is YELLOW?
PURPLE GLOVES S-XL
What is ISLE 3?
GOODS OR MATERIALS THAT A COMPANY HOLDS FOR RESALE OR TO BE USED AND BILLED OUT FOR A PROFIT
What is INVENTORY?
A COMMERCIAL DOCUMENT ISSUED BY A BUYER TO A SELLER, INDICATING TYPES, QUANTITIES AND AGREED PRICES FOR PRODUCTS OR SERVICES THE SELLER WILL PROVIDE TO THE BUYER
What is a P.O. (PURCHASE ORDER)?
THIS DEPARTMENT IS RESPONSIBLE FOR THE PURCHASING OF THE ENTIRE HOSPITAL EXCEPT FOR ONE DEPARTMENT
What is MATERIALS MANAGEMENT?
THIS PERSON IS RESPONSIBLE FOR REVEALING THE INDICATOR BIN TO ALL PEOPLE AFTER THEM
What is THE PULLER (OF THE LAST BLUE BIN ITEM)? THE FIRST PERSON TO PULL THE LAST ITEM IN THE BLUE BIN
LEVEL 1 TUBING
What is ISLE 7?
THE TIME IT TAKES TO PLACE AN ORDER TO THE TIME THE ORDER IS RECEIVED
What is a LEAD TIME?
MOVING GOODS FROM THE CUSTOMER ORDER THROUGH THE MATERIALS OR SUPPLIES STAGE TO THE DISTRIBUTION OF SUPPLIES TO THE CUSTOMER
What is the SUPPLY CHAIN?
SHE IS THE GO TO FOR THE SURGICAL SERVICES DEPARTMENT AND ALL OF THEIR PURCHASING REQUESTS AND ORDER INQUIRES
WHO IS BROOKE (ME)?
THIS BIN IS TYPICALLY FREE TO BE STOCKED WITH AS MUCH OVERSTOCK THAT IT CAN HOLD WITHOUT RESISTING THE RULES OF THE SYSTEM
What is THE BLUE BIN?
SALEM SUMPS
What is ISLE 4
WE USE THIS INVENTORY METHOD IN THE OPERATING ROOM CORE. THE OLDEST DATED ITEM SHOULD BE THE FIRST ITEM PULLED
What is F.I.F.O. (FIRST IN FIRST OUT)?
COLOR CODED STICKERS IN THE O.R. CORE HELP IDENTIFY WHERE A SPECIFIC ITEM IS STORED. ITEMS STORED IN OUR FACILITY STORE ARE IDENTIFIED BY WHAT COLOR
What is WHITE?
OUT OF ALL OF THE DEPARTMENTS IN THE FACILITY THESE TWO ARE THE ONLY WITH ASSIGNED BUYERS
WHAT IS MATERIALS MANAGEMENT AND SURGICAL SERVICES?
OUT OF THE FEW "BIN SET UP'S" THAT ARE USED IN THE O.R. CORE- THIS BIN SET UP IS THE ONLY ONE THAT THE INDICATOR BIN SHOULD BE PHYSICALLY MOVED
What is FRONT/BACK SET UP?
AMBU/ RECUSSITATION BAGS
What is ISLE 2?
THIS SYSTEM WAS IMPLEMENTED IN HOPES OF REDUCING COST AND WASTE IN THE HOSPITAL. THE O.R. IS THE ONLY DEPARTMENT SO FAR TO UNDERGO THIS TRANSFORMATION
What is the 2- BIN KANBAN SYSTEM?
THE APPROVAL OF THIS FORM IS ESSENTIAL FOR THE BUYERS OF THE HOSPITAL BEFORE ANY NEW PRODUCTS ARE SET UP FOR ORDER
What is a PAR FORM?
THIS MHSC BUYER TOOK RESELLING TO THIRD PARTIES INTO HER OWN HANDS WITH THE APPROVAL OF THE CFO. NOW INSTEAD OF SHIPPING EXPIRED GOODS OFF TO LESS FORTUNATE COUNTRIES- SHE'S TAKING IT UPON HERSELF TO SPOT AND RESELL SLOW MOVING OR NEAR EXPIRED SUPPLIES TO SURPLUS COMPANIES FOR A PROFIT
Who is BROOKE (ME)?
THIS DAILY HASSLE WAS ELIMINATED BY THE TRANSFORMATION TO THE NEW KANBAN SYSTEM
What is SCAN GUNS?
What is the STORAGE ROOM?