Z5 Inventory Unveils Online Medical Supplies Store

AUSTIN, Texas - Feb. 12, 2019 - EntSun -- From its inception in 2014, Z5 Inventory has made its mission saving money for healthcare providers by optimizing their supply chain and eliminating product expiration. 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.

"A crucial part of what we do is reducing the waste epidemic in this industry," explained Carl Natenstedt, CEO and Co-Founder of Z5 Inventory. "Taking product from a shelf where it would sit until it expires and putting it in a facility that uses it every day seems like the obvious solution."

More on EntSun News

• IDI Consulting Announces Office Expansion in Pittsburgh, Pennsylvania
• IAWP Wellness Coach Certification Approved By UK Health Coaches Association
• Aykroyd, Reitman, Hudson To Attend Ghostbusters Fan Fest Presented By Wizard World, June 7-8
• Courtney Capone joins expanding Lantek USA Business Development Team
• Network Security Experts Launch New FREE Porn Blocker
• Productiv Doubles Capacity in Richmond to Support Growth
• New DC Energy Analyzer Charges Up on Kickstarter

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. Healthcare providers can now take a full-circle approach to product procurement.

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. And, thanks to Z5's analysis of their inventory usage history, Z5 Buy is able to offer hospitals only the product that they need at exactly the time they need it.

"What's even more valuable than what we have in our warehouse is the fact that we're empowering healthcare providers nationwide to use deep analytics to anticipate their product needs," explained Shane Pratt, SVP of Customer Experience for Z5. "We're not just offering what hospitals are already buying; it's what they're actually using."

Saving hospitals by lowering the price of medical supplies--as well as redistributing product between hospitals so that no medical supplies go unused--Z5 Inventory is increasing expiration avoidance, helping partner hospitals better serve their communities.

More on EntSun News

• The Right Method Used For Carpet Cleaning Adelaide
• Breakout Actor Nick Smoot Appears in Tyler Perry's "A Madea Family Funeral", Gears up for Premiere
• JE Aesthetics of New York's Upper East Side Proudly Announces the Opening of its New Jersey Hoboken location
• CentralAir.com Working with Local Real Estate Agencies to Help Replace AC Units on Home Purchases
• Sunknowledge Holds The Center Stage Among DME Billing Companies
• In Celebration Of Black History Month Diversity In Cannes Is Announcing Its 10th Anniversary
• Securitize Partners with C Block Capital to Bridge Traditional and Digital Capital Markets in China

"When hospitals throw away millions of dollars of perfectly good medical inventory every year, then pay a premium for replacement supplies, it benefits the supplier and hurts the hospital every time," Mr. Natenstedt added. "I'm honestly surprised it took this long for healthcare to accept an alternative."

New and existing Z5 customers can search the catalog of products available and offer their own products for sale in the store now live at Buy.Z5Inventory.com.

Z5 Inventory was founded with the purpose of saving healthcare providers nationwide from expiring product, empowering them to Count the product on-hand, Reallocate slow-moving and excess product, and Buy the product they actually need at reduced prices. Anyone interested in a preview or trial of digital supply chain management with the Z5 Inventory Platform should visit www.Z5Inventory.com/Contact.