Does Your Team Have Visibility and Control Over Your Purchase Services?

Print Friendly – Helping hospitals and healthcare organizations save millions

You could be leaving up to 11% to 18% in new supply savings on the table untouched!

Three easy steps to quickly ring the towel dry on these multi-million dollar expenditures…

1. Build a case for change: Show your C-suite how much they are spending and what the potential savings (11% to 18%) would be if you were to aggressively attack the multi-million dollar expenditures that are ready to be harvested.  Or, let BenchPlus do it for you!

2. Centralize all purchase service contracts:  We recommend that all of your purchase service contract documents be archived and administered by your materials management/supply chain department. If the workload justifies it, you will need to hire a contract administrator to manage, control, analyze, bid or negotiate these contracts. However, this very small investment, if required, will yield a high ROI in a very short time. Or, archive w/BenchPlus!

3. Benchmark all purchase service contracts: This will ensure that your purchase service contract’s total lifecycle costs are within acceptable limits. How could you know if there are savings opportunities if you don’t quantify them and have a roadmap to start saving? This shouldn’t be a one-time event, but instead a continuous process. Or, BenchPlus can do this for you, too!


Filed Under: Benchmarking

Tags: , , , , , , , , , , , , , ,

Leave a Reply

If you want a picture to show with your comment, go get a Gravatar.