Case Study: Västerås Central Hospital achieves €54,500 in annual operational savings with STANLEY Healthcare’s SpaceTRAX

Cardiology Department Sees €54,500 in Operational Savings Every Year Using STANLEY Healthcare’s SpaceTRAX Inventory Management Solution

The Cardiology Department at Västerås Central Hospital was dedicating over 35 hours per week to inefficient manual inventory management. This process, done with paper and pencil, was causing staff frustration and preventing them from focusing on patient care. The department also sought to optimize high stock levels and reduce the significant €20,000 in annual wastage from expired items, leading them to partner with STANLEY Healthcare.

STANLEY Healthcare implemented its SpaceTRAX Inventory Management solution, which provided the department with full visibility into stock levels, consumption, and expiry dates. This allowed for a 33.5% reduction in average inventory within three months and cut time spent on inventory tasks by 77%. The results included a one-time saving of €90,000 and ongoing annual operational savings of €54,500 from lower labor costs, reduced inventory expenses, and a 90% decrease in wasted items.

Västerås Central Hospital

Ortwin Herterich

Chief Physician