ECRI Blog

Use Inventory Standardization to Improve Your Safety and Recall Alerts Program

Posted by Edward Nuber, Director of Marketing, ECRI on Nov 18, 2021
To make good decisions efficiently, organizations need good data.

We’ve all heard the idiom that one should “compare apples to apples; not apples to oranges. But what if you are not calling all of your apples by the name apple, or oranges by the name orange?

Or, here’s another way to think about it: Having mismatched data is like having an unorganized closet—you can’t find anything when you need it, you waste time searching, lose money in new purchases, and the closet gets messier as time goes on.

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Topics: Evidence-based decision making, Inventory Standardization, Product Recalls, data, Dirty Data, Inventory, predictive replacement planning