What is the aim for the days in inventory ratio in healthcare?

The aim for the days in inventory ratio in healthcare is to match the average order and delivery time. This ratio is crucial because it helps healthcare organizations maintain an optimal level of inventory, ensuring that they have the necessary supplies and equipment available without overstocking. By aligning the inventory levels with the average order and delivery times, healthcare providers can reduce the risk of stockouts, improve patient care, and minimize costs associated with holding excess inventory.

Maintaining inventory that matches delivery times allows healthcare facilities to operate efficiently, responding to patient needs without delays. It ensures that resources are committed wisely, promoting operational efficiency and supporting financial sustainability within the organization.