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Did You
Know...?
That Value Analysis Was Developed Back
In the 1940's After World War II as a Way to Find Lower Cost but Higher
Quality Alternative products and methods. This was Due to the
Lack of Material Resources At The End of The War.


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Savings Beyond Price -Weekly eNewsletter
- Janurary 11th, 2011
Robert T.
Yokl
President &
Chief Value Strategist
Fitting the
Supply Chain Puzzle Pieces Together
Greetings,
Getting supply chain management right is akin to fitting all of the
puzzle pieces together. If you leave one, two or even three pieces
missing from your puzzle, you haven’t completed the riddle, design
or problem. This would naturally result in you not logically solving
all of your supply chain challenges: Price, standardization,
utilization, logistics, etc.
By definition, a puzzle is a problem or enigma that tests the
ingenuity of the person who is trying to find the solution. It is
intended to be solved in a logical way to give you the desired
solution. What I’m seeing in the healthcare marketplace is a
tendency to overemphasis the importance of the price and
standardization puzzle pieces to all others.
I just read an HPN article where three healthcare CEOs were asked to
give their insights into their supply chain expectations. Not one of
them talked about price and standardization as their criteria for
supply chain excellences. What they did talk about was innovative
processes to reduce waste, redesign the logistical flow of supplies,
and the implementation of a procurement-to-pay system as meeting or
exceeding their expectations.
What these CEOs’ off-the-cuff comments say to me is that your bosses
are looking to you, as supply chain professionals, to recognize that
price and standardization are important pieces in the supply chain
puzzle. However, they are looking for more innovative strategic
direction in your supply chain initiatives. One CEO even remarked
that he expects his supply chain leader to act as the CEO of his
supply chain service with all of the attending responsibilities and
accountability.
So I hope you can see by these CEOs’ observations that supply chain
management is entering into a new era of transformation – from
perceived purchasing managers to highly effective executive level
managers – that will require that you fit all of the supply chain
pieces together.
Warmest Regards,
Robert T. Yokl Chief Value Strategist
Strategic Value Analysis® In Healthcare
Bobpres@strategicva.com
1-800-220-4274
Your Partner In
Savings Beyond Price™,

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