Based on the media simulation you completed, one of the directors has asked you to examine the ordering, stocking, and use of personal protective equipment (PPE) for the Emergency Room and Medical Surgical Inpatient Care Unit at St. Anthony Medical Center. In addition to your inventory investigation, you have been encouraged to research additional topics, such as inventory management, inventory control, inventory ordering systems, economic order quantity (EOQ) calculations, and inventory stocking techniques. As you research, consider industries outside of health care, as techniques utilized in other industries may apply. After you have concluded your investigation and research, you have been asked to prepare a PowerPoint for the director to help them communicate with other stakeholders the basics of inventory control, the importance of having inventory control strategies, and the current state of the medical center’s PPE inventory. Your PowerPoint needs to address the following criteria. (Note: The questions under each criterion are there to help you think through each.) Explain inventory control. Discuss why EOQs are conducted. Discuss the impact of the medical center’s volume (past, present, and projected) from a strategic perspective (related to personal protective equipment [PPE] use) on the overall success of the organization. Describe options for inventory ordering. Define quantities to order. Identify inventory ordering systems. Discuss pros and cons of the identified systems. Determine when other PPE should be considered. Determine when alternative stocking should be considered (ordering inventory vs. consignment). Analyze leaders’ responsibilities in addressing the identified inventory recommendations. Identify what leaders should address related to inventory. Discuss consequences of leaders not addressing inventory needs. Discuss implications of not adhering to the recommended inventory purchase. Analyze the implications of having inventory control. Discuss the impact of efficient inventory control on the organization’s effectiveness. Present your findings based upon your review of the EOQ and organizational data. Compare PPE use this year, from prior year, and projected budget year. Summarize your finding and recommendations. You might want to (but do not have to) organize your presentation using the following outline: Slide 1: Title of the presentation. Slide 2: Overview of inventory control. Slide 3: Review of EOQ purpose and data. Slide 4: Recommendations for inventory ordering. Slide ;5: Leadership. Slide 6: Implications. Slide 7: Conclusions. Slide 8: Reference list.
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