When Savings Stall
Savings Beyond Price -Weekly eNewsletter – December 17, 2008
Robert T. Yokl
President & Chief Value Strategist
When Savings Stall
It’s no secret that price savings aren’t king any longer. I hear this truth from supply chain professionals every day who tell me that their GPO, capitation, standardization and custom contract savings have stalled or worse yet, are on life support. Is this your situation?
If so, take a deep breath and then dig and drill down even deeper into your supply chain to uncover the waste and inefficiencies, misuse and value mismatches in your products, services and technologies. By doing this you will find as much as 26% in new untapped savings just waiting to be unearthed. That’s where 79% of your new savings will be coming from in the future. Trust me when I tell you that this is an unassailable fact…not fiction!
The bottom line is that we are in turbulent economic times and your relatively easy heretofore price savings are now history. More importantly, inflation has eaten into ALL or MOST of the savings gains that you have made over the last few years. It’s now time in 2009 to refocus your cost savings efforts on Savings Beyond Price™. This is where a whole new world of virtually untouched savings will open up to you.
Your Partner In Savings Beyond Price™,
Robert T Yokl
Chief Value Strategist
Strategic Value Analysis® In Healthcare
800-220-4274
P..S. Let us show you how easy it is to unearth these hidden savings with a “test drive” of our Utilizer™ Dashboard where we do all the heavy lifting and you get all the savings.
P.P.S. Don’t forget to check out my new blog article “The Best Advice I Ever Got” that I’m sure will show you how not to become absolutely crazy.
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