Improving the Health Industry with Stock Management Techniques
Considering that the health industry has changed radically along the years, the efficient professional management of entities connected to this segment is fundamental. Modern techniques, such as demand forecast and stock management, contribute to a better management of scarce and critical resources which might put human lives at risk. The present study describes the use of quantitative techniques for supply forecast and stock management of a blood bank from a given hospital. The demonstration of the viability of these techniques broke paradigms. Furthermore, it has fomented new studies with emphasis on improving procedures and rationalisation. It has also brought an improvement in terms of the institution operations, increasing the level of efficiency.