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Working Against World-Class Supply Chain Superiority
This is the final part of a three-part series on world-class supply chain. Missed the first two? Click here for part 1, and here for part 2. There are certain things that are simply working against world-class supply chain superiority, and you need to be aware of... read more
More on Achieving a World-Class Supply Chain
As promised, we’re continuing our discussion on achieving a world-class supply chain. If you missed part one, click here for the first post in the series. Achieving supply chain superiority can be difficult without a better supply cost management system. If you’re... read more
Achieving World-Class Hospital Supply Chain Superiority
What are the key elements of achieving a world-class hospital supply chain superiority? This is important, because only a 5%-15% savings in supply costs can equal a 1%-3% improvement in a hospital’s total operating margin. It goes without saying that a keen... read more
Don’t Skim Over Purchased Services
It’s critical that hospitals take the time, make the commitment, and lean on expert resources for cost savings. You never want to simply skim over purchased services. For example, if conducting a sleep study, it’s important to map it to reimbursement. Hospitals will... read more
