You’ve Got to Attack Unnecessary Spending!

January 7, 2009 · Filed Under Best Practices 

Just the other day, a material manager (MM) told me that she oversees 26,000 products, services and technologies, but has no way of knowing which are out of cost control at any given time.  As a supply chain professional, you know what that’s like.  You must hold your total supply cost to the absolute minimum—and doing this requires vigilance.

There’s no better way to be on the lookout for savings opportunities than with your own supply chain radar! The Utilizer™ Dashboard is exactly that! It will help you detect the waste, inefficiencies, misuse,    misapplication and value mismatches in your supply chain before they inflict serious damage to your bottom line.  Some of these misuses and mismatches are costing your healthcare organization anywhere from four to 11 percent in lost savings opportunities every month, quarter and year you continue to fly blind. 

This savings computes to 1 or 2 million dollars per 100 occupied beds.  So if you have 180-occupied beds, this could mean 1.8 million to 2.8 million going right to your bottom line—which isn’t small change when you consider that your price savings are disappearing every day.

Learn more about the Utilizer Here!

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