Z5

Z5 Inventory Expands into 40+ New Health Care Facilities by Acquiring Livingston Inventory Services

Retrieved on: 
Tuesday, February 15, 2022
Software, Buy, LIS, Solution, Z5, Allocation, CEO, Goal, Risk, King, Asset management, Lease

AUSTIN, Texas, Feb. 15, 2022 /PRNewswire/ -- Z5 Inventory, a leading provider of medical inventory management software and services, has purchased Livingston Inventory Services (LIS), a supply chain management company that serviced some of the largest health care providers on the East Coast.

Key Points: 
  • AUSTIN, Texas, Feb. 15, 2022 /PRNewswire/ -- Z5 Inventory, a leading provider of medical inventory management software and services, has purchased Livingston Inventory Services (LIS), a supply chain management company that serviced some of the largest health care providers on the East Coast.
  • Most importantly, we look forward to adding a number of great health systems to our network of industry partners," explains Carl Natenstedt, CEO of Z5 Inventory.
  • Health care providers use Z5 Inventory's software and services to:
    Count on-hand inventory and identify supplies at risk of expiration.
  • Joining him in the transition will be the LIS inventory services team that has been operating in health care facilities for more than a decade.

Z5 Inventory Honored As 'Most Promising Healthcare Solution Provider'

Retrieved on: 
Thursday, April 8, 2021
Freight transport, Inventory, Lean manufacturing, Supply chain management, Working capital management, Stock management, Z5, Business process management

AUSTIN, Texas, April 8, 2021 /PRNewswire/ -- In their annual list of companies serving and improving the health care industry, CIOReview named supply chain management company Z5 Inventory among 2021's best .

Key Points: 
  • AUSTIN, Texas, April 8, 2021 /PRNewswire/ -- In their annual list of companies serving and improving the health care industry, CIOReview named supply chain management company Z5 Inventory among 2021's best .
  • The interview also points out complete redesign of the Z5 Inventory platform , including a new mobile app usable on any smart device and online inventory management portal.
  • In walking through all the technological advancements, Mr. Burris never lost sight of the ultimate goal of inventory management.
  • Anyone interested in a preview or trial of digital supply chain management using the Z5 Inventory Platform should visit www.Z5Inventory.com/Contact .

Steward Health Care Saves $16 Million Through Partnership with Z5 Inventory

Retrieved on: 
Wednesday, September 2, 2020
Computers, Project C.U.R.E., Steward Health Care System, Steward, Z5, Care International, Health in the United States, Organizations

The initiative was made possible through an expansion of Steward Health Care's existing partnership with healthcare supply chain company Z5 Inventory .

Key Points: 
  • The initiative was made possible through an expansion of Steward Health Care's existing partnership with healthcare supply chain company Z5 Inventory .
  • Ultimately it was determined that $10.2 Million in cost avoidance could be achieved by reallocating products between Steward Health Care facilities; $2.9 Million in product was sold to other health care providers; and $2.9 Million worth of medical and surgical supplies were donated to international aid organization Project C.U.R.E.
  • "We developed the Z5 Reallocate solution for hospital networks just like Steward," explained Carl Natenstedt, CEO and Co-Founder of Z5 Inventory.
  • Over the course of six months, Z5 Inventory's teams deployed to thirty-six Steward Health Care facilities across ten states.

Z5 Inventory Offers Free Inventory Management To Hospitals Combating COVID-19

Retrieved on: 
Monday, March 16, 2020
Business, Supply chain management, Management, Freight transport, Lean manufacturing, Inventory management software, Supply-chain management, Inventory, Stock management, Z5

AUSTIN, Texas, March 16, 2020 /PRNewswire/ --Z5 Inventory, a health care company that supports supply chain operations, is making its inventory management software free for ninety days to any hospitals requiring higher visibility into their personal protective equipment (PPE).

Key Points: 
  • AUSTIN, Texas, March 16, 2020 /PRNewswire/ --Z5 Inventory, a health care company that supports supply chain operations, is making its inventory management software free for ninety days to any hospitals requiring higher visibility into their personal protective equipment (PPE).
  • "We can help with this one specific piece of the puzzle," says Carl Natenstedt, CEO and Co-Founder of Z5 Inventory, "but we're always disappointed when companies ghoulishly hike their prices in the face of crisis.
  • Health care providers using Z5 Inventory's count software will be able to take advantage of systemwide visibility.
  • Anyone interested in a preview or trial of digital supply chain management using the Z5 Inventory Platform should visit www.Z5Inventory.com/Contact .

Z5 Inventory Celebrates $5.8 Million Customer Savings with Donation to Miracle Foundation

Retrieved on: 
Tuesday, February 25, 2020
Miracle Foundation, Z5

January 2020 concluded with a customer savings of $5.8 Million, prompting the first donation.

Key Points: 
  • January 2020 concluded with a customer savings of $5.8 Million, prompting the first donation.
  • Its recipient was Miracle Foundation, a nonprofit empowering orphans and vulnerable children to reach their full potential.
  • "Partners like Z5, with their generous support, are what enable Miracle Foundation to make a difference in so many children's lives."
  • To submit a charity as a possible recipient of a 50 For 50 donation, or to find out more about Z5 Inventory and the Z5 Reallocate solution, visit Z5Inventory.com/50For50 .

Z5 Inventory Unveils Online Medical Supplies Store

Retrieved on: 
Tuesday, February 12, 2019
Merchandising, Business, Economy, Supply chain management, Inventory optimization, Z5, Inventory, Purchasing, Retail, Online shopping

The latest effort in living up to that promise is the debut of Buy.Z5Inventory.com --the online store component of the Z5 Buy solution .

Key Points: 
  • The latest effort in living up to that promise is the debut of Buy.Z5Inventory.com --the online store component of the Z5 Buy solution .
  • Bolstered by bulk purchasing contracts to collect excess and overstocked inventory from hospitals nationwide, the Z5 store boasts a wide selection of thousands of endomechanicals, orthopedic supplies, sutures, and more medical product at prices significantly lower than those manufacturers can offer.
  • Buying and selling products at a discount is enough for many online retailers of medical and surgical supplies, but Z5 Inventory wanted to go further with the addition of Z5 Buy to its inventory management offerings .
  • Partner hospitals utilize the Z5 Inventory Platform and apply a proprietary Z5 algorithm to their on-hand inventory to identify product likely to go to waste, then sell that product to and through Z5.