It’s getting almost impossible for supply chain managers to be everywhere in your supply chain operations to ensure that none of the wheels are falling off. But this doesn’t need to be the reality any longer! Hospital Supply dashboards can take up the slack and then give you unheard of visibility that will put you in ultimate control of your operations.
Just last week I was discussing with a hospital supply chain director how he could use a supply dashboard to triangulate his savings metrics (cost per patient day, supply cost/operating cost and supply cost/net revenues) to determine with certainty the supply savings that were available to his hospital. If this director had to do these calculations manually, it would take a village to keep them up to date in real-time.
That’s the beauty of a hospital supply dashboard. All of your calculations, performance indicators, and metrics are automatically done for you. Such as:
More importantly, nothing is hidden from your view. If your physician preference items cost are spiking you will know it with two clicks of your mouse. If you want to track budgeted vs. actual savings on a commodity to safeguard that the savings really hits your bottom line, that’s an easy chore for a supply dashboard to monitor. Or, you want to know where all of your utilization savings reside, one simple to understand module will tell you the tail of the tape. You name it, or require it and it can be monitored, tracked and fine-tuned!
So, if you are worrying, fretting or disquieted by not knowing if all of your supply chain operations are under control or need tweaking, a supply dashboard is the answer to this challenge. Some might say that it is not just a nice thing to have, but a “must have” in the complex world of supply chain management we find ourselves in today.