Category: Supply Chain

Supply Chain Education Is Not an Expense. It Is an Investment.

Supply Chain Education Is Not an Expense. It Is an Investment.

Michael Bohon, CPSM, C.P.M., CMRP, Managing Director of HealthCare Solutions Bureau In the healthcare environment there are so many opportunities for us to spend money in order to improve our organizations. There are the essentials – staffing, facilities, equipment, supplies, etc., especially those in the diagnostic and treatment areas. Also, we are and have been inundated with new […]

What’s Behind a Mature Supply Chain Organization’s Operational Excellence and Value Enhancement? Training!

What’s Behind a Mature Supply Chain Organization’s Operational Excellence and Value Enhancement? Training!

Timothy Hagler At home in South Carolina we have a saying that is especially poignant when we see one of our good friends hanging out with their old hunting dogs. We say “’tarnt a new trick ‘atwixt ‘em.” While the truism that old dogs aren’t very quick at learning new tricks is fun to say, […]

Knowledge is Power if you Enhance Your Supply Chain Expense Data to Produce Meaningful Metrics

Knowledge is Power if you Enhance Your Supply Chain Expense Data to Produce Meaningful Metrics

Robert T. Yokl Data in and of itself is useless, but if enhanced with clinical, financial and supply chain information to produce meaningful metrics it can become a powerful tool to uncover savings opportunities, quality and safety defects and even predict events in your supply chain streams that you would want to know about.   Wouldn’t it […]

Products or Outcomes: What Are You Buying?

Products or Outcomes: What Are You Buying?

Lynn Everard, Managing Director, Valumatrix, LLC In today's healthcare world there are only two things for sale: products and outcomes. In the hospital supply chain we have a long history of bringing down unit product acquisition costs. But we have exhausted the easy money of haggling over price and we are likely not putting as […]

Leadership

Leadership

Robert T. Yokl “Leadership is the capacity to translate vision into reality.” Warren Bennis You might think that great leadership is some superhuman activity, but it is really translating a vision into reality as author, scholar, and organizational consultant Warren Bennis has come to believe. Jeff Bezos envisioned Amazon as an online general store; Bob Iger, Disney’s […]

The Future of Supply Chain Expense Management is Now!

The Future of Supply Chain Expense Management is Now!

“Every so often an idea, innovation, invention, and revolution appear in the marketplace that changes the game forever. We call these breakthroughs ‘Game Changers’ or the rules or variations that change the game enough that a new or different game emerges.” Healthcare organizations are now facing big challenges in lower revenues, more patients and value-based […]

  Top 5 Missed Savings Opportunities in the Hospital Supply Chain Today

Top 5 Missed Savings Opportunities in the Hospital Supply Chain Today

1. Utilization Savings – The big savings are there but they are outside the comfort zone of many in our industry. We are still very price focused and it will take some time for our industry to recognize the big savings opportunity that is sitting right in front of us, ripe for the  picking. The road less […]

Meeting the Challenges of Reform Through a Stronger Value Analysis-Supply Chain Partnership

Meeting the Challenges of Reform Through a Stronger Value Analysis-Supply Chain Partnership

By Michael B. Neely, Senior Vice President, Optimé Supply Chain Healthcare reform has placed providers of care under intense pressure to reduce costs and improve operations. Value Analysis teams and Supply Chain are among the most important players when it comes to improving the efficiency of care. So why are there so many examples of […]