Tag: "supply expense"

Stumbling Around Vs. Targeting Your Clinical Supply Utilization Savings

Stumbling Around Vs. Targeting Your Clinical Supply Utilization Savings

David Hinkle, Independent Supply Chain Consultant, Issaquah, Washington When I first started out in supply chain management we didn’t use a lot of metrics to analyze our supply chain expenses. However, we knew if a certain department was over or under their budget. Yet, there was very little to tell us why this was happening. I’d just get a […]

The Missing Link in Supply Expense Management

The Missing Link in Supply Expense Management

Do you have all of your supply expense management bases covered? It wasn’t so long ago that price and standardization was king in supply chain management circles. All you needed to do was join one or two GPO’s and then maximize your compliance, and you where home free. Then products, services, and technologies became so […]

Reduce, Control and Eliminate Wasteful and Unnecessary Supply Utilization Practices

Reduce, Control and Eliminate Wasteful and Unnecessary Supply Utilization Practices

Go beyond price and standardization to save more in less time Traditionally, healthcare organizations have focused their value analysis efforts on lowering the price and standardizing on the products, services and technologies that they are purchasing.  This attitude has carried over to the evaluation of group purchasing contracts where price, standardization and suitability are the […]

Benchmarking Still Drives Savings

Benchmarking Still Drives Savings

Industry embraced a simple idea in the 1980s. The idea was that it was possible to search for the best practices that will lead to superior performance by comparing cost, time or quality of one organization to another. This process is called benchmarking and it has been immensely successful in all industries—including healthcare — for […]

FREE Special Report: Strategic Supply Utilization Management

FREE Special Report: Strategic Supply Utilization Management

FREE Special Report: Strategic Supply Utilization Management If you are looking to unlock the secrets of extraordinary and sustainable supply chain savings, then this new special report is for you!  This special report will answer the question, “Where will my next supply expense savings come from, now that price and standardization savings are gradually disappearing?”  […]