Savings Beyond Price

Innovative Supply Savings and Quality Solutions That Work

by Strategic Value Analysis® in Healthcare

 

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Savings Beyond Price -Weekly eNewsletter - Janurary 11th, 2011

Robert T Yokl - Healthcare Supply Chain Consultant Strategic Value AnalysisRobert 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™,

 

P.S.   P.S. We are getting a lot of buzz about our BenchPlus+™ Purchase Service Manager that can reduce your purchase services expense by 11% to 18%. If you haven’t requested a “test drive”, maybe it’s time to do so.

 

 

 



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