SMALL FOOTPRINT CERTIFICATE
AWARDED ANNUALLY TO USA HEALTHCARE PROVIDERS SELLING A MINIMUM OF $150,000 OF EXCESS INVENTORY
AS A SFP PARTICIPANT YOU WIN TWICE:
SAVE YOUR FACILITY $
SAVE THE PLANET
Your excess suture inventory is waiting to become disposal cost.
Before that happens, sell it via Colossal Medical LLC.
Colossal Medical will sell your excess suture to a healthcare buyer in an emerging economy overseas at 10 cents on the dollar.
What is EXCESS INVENTORY?
The total of those items whose current supply exceeds the respective expected short-term demand for those items.
What causes EXCESS INVENTORY?
Medical supply purchasing decisions are impacted by several variables that are constantly changing. Changes in staff, in technology, in regulations and in hospital policy top the list of purchasing variables. These all combine with volume pricing considerations to drive a purchase that makes sense at the time, but becomes EXCESS INVENTORY with changes in these variables.
Avoiding excess inventory entirely would require both an effective crystal ball and a Wee Gee Board.
What does it cost to hold EXCESS INVENTORY?
The cost of holding EXCESS INVENTORY increases logarithmically the longer the hold time. This is especially true for items with expiration dates. (EXCESS INVENTORY stops being "excess" and becomes "expired" inventory upon reaching the expiration date.) Therefore, the cost of excess inventory can include:
1) disposal cost
2) cost of funding excess inventory
3) cost of housing and related record keeping
4) the opportunity cost of not selling excess inventory at its current value
(PLUS, THE COST TO OUR PLANET OF EXCESS DISPOSAL )
TWO STEP PROCESS:
#1 Our staff identifies your excess inventory; lists it at original cost, at retail sell and at disposal cost. The electronic report shows expiration dates, if any.
#2 Colossal Medical sells all your excess suture listed.
Colossal handles all logistics. All excess stock leaves your facility.