Jump Technologies

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Jump Technologies

JumpStock, from Jump Technologies, is an inventory management solution that complements a hospital’s ERP system and delivers powerful, targeted reports to close the data divide that exists between clinicians and supply chain staff. The powerful reporting capabilities of the JumpStock platform, provide clinicians and supply chain staff with the reliable data they need to work together to reduce on-hand inventories and free up cash hospitals can use to improve patient care and grow revenues. JumpStock’s PAR and Kanban calculator reports suggest PAR levels and reorder points based on an item’s velocity of use and lead times. Adjusting PAR levels and reorder points can be done from within these reports with a single mouse click, allowing hospital staff to review velocity data more often and adjust inventory levels based on the seasonality of the data. Working together, clinicians and supply chain staff have used JumpStock to reduce inventory by as much as 50%, free up labor by 33%, reduce waste due to expiring products and increase charge capture throughout the hospital.