How to Gain Control of Your Hospital’s Supply Chain

Savings Beyond Price -Weekly eNewsletter – July 16, 2008

 

Robert T. Yokl

President & Chief Value Strategist

 

Greetings!

How to gain control over your supply chain

When I sit back and analyze, as I do every week when I write this column, I ask myself what are the biggest challenges that supply chain professionals are facing today? I would say one of the top ten challenges would be “how to gain control over your supply chain” and not let it control you.

By control I mean that you always know where your savings reside, what defects (those things your customers don’t want or need) exist in your supply chain operations and how you would quantify these cost drivers down to the third decimal point.

To obtain these mission critical key performance indicators you don’t need to hire more staff, buy a new MMIS system or even normalize all of your data. What you do need to do is to develop short and long-range RADAR (I call these dashboards) that will quickly detect where your operational challenges are located and what their financial impact is on your supply chain.  It then becomes much, much easier to solve these operational issues quickly and effectively without missing a beat.

We have numerous clients that are utilizing dashboards as their supply chain RADAR to detect anomalies in their supply chain performance. They tell us that they are now able to sleep much better because they are in control of their supply chain operations.  No more guessing, assumptions or conjecture; they know precisely where to focus their resources and labors on their journey to operating excellence.

Wouldn’t having supply chain RADAR make your job easier too?

 

Your Partner In Savings Beyond Price^TM,

Bob Yokl

Robert T Yokl

Chief Value Strategist

Strategic Value Analysis® In Healthcare

Bobpres@strategicva.com

800-220-4274

 

P.S. We are getting more requests for test drives on our Supply Chain Pilot since supply chain professionals are looking to re-energize, normalize and really control their VA process in order to increase their savings yield. If you are looking to increase your savings yield too, why not check out this power tool at www.strategicva.com/valuenet_main.htm.  

 

P.P.S. Don’t forget to check out my new blog article “How to Identify and Develop Your Best VA Team Members”. This blog is all about not leaving to chance the selection of your VA Team Members, but basing your selection on facts.