Health Care Facility Buying Decision Process

The buying process is a major issue for all health care companies as there are expiration dates on virtually all supplies. Therefore, excess inventory that is not used results in waste and unnecessary expenses for the facility. There needs to be a great deal of data monitoring to keep this process working as efficiently as possible. Analyze the main stages that an organization goes through during the buying process. In addition, include internal sources of quantitative information used in the buying process.