Is Your Healthcare Organization Achieving Rapid Cost Reductions?

By Robert Yokl | November 5, 2019 | Comments Off on Is Your Healthcare Organization Achieving Rapid Cost Reductions?

Based on our observations, every hospital, system and IDN’s (big and small) supply chain department is working on saving money.…

Don’t Confuse Commodity Teams with Value Analysis Teams

By Robert Yokl | October 29, 2019 | Comments Off on Don’t Confuse Commodity Teams with Value Analysis Teams

We see there is a trend in healthcare supply chain management circles of forming commodity teams and then calling them…

Ramping Up Your Supply Chain/Value Analysis Technology to Save Even More!

By Robert Yokl | October 22, 2019 | Comments Off on Ramping Up Your Supply Chain/Value Analysis Technology to Save Even More!

We can’t think of another time in healthcare supply chain management when it is more important for you to ramp…

Why Many Supply Chain Professionals Don’t Believe Their Supply Utilization Savings Are Realizable

By Robert Yokl | October 15, 2019 | Comments Off on Why Many Supply Chain Professionals Don’t Believe Their Supply Utilization Savings Are Realizable

I was having a conversation with my COO, Robert W. Yokl, some time ago about a thought-provoking discussion he had…

4 Ways Value Analysis Analytics Can Help Supply Chain Professionals Make a Difference

By Robert Yokl | October 8, 2019 | Comments Off on 4 Ways Value Analysis Analytics Can Help Supply Chain Professionals Make a Difference

Value Analysis Analytics (VAA) isn’t just another fancy way to describe organizing your spend data more effectively as I have…

Measuring What Matters Is Crucial to The Success of Your Healthcare Supply Chain Operations

By Robert Yokl | October 1, 2019 | Comments Off on Measuring What Matters Is Crucial to The Success of Your Healthcare Supply Chain Operations
hospital value analysis key performance indicators

We are often asked to build into our value analysis software products metrics, like cost per adjusted discharge per new product request, that to us don’t seem to have any bearing on the success of a healthcare organizations value analysis program.  That’s why it is crucial to the success of your supply chain operations to measure what matters and eliminate measurements that have no impact on your supply chain performance. 

Podcast 50 – Your Biggest Cost Savings Opportunity Is Often Ignored

By Robert Yokl | September 25, 2019 | Comments Off on Podcast 50 – Your Biggest Cost Savings Opportunity Is Often Ignored

For many in the healthcare supply chain, the catch phrase “providing the right product at the right time at the…

Answers to Your Most Burning Questions About Healthcare Supply Category Management

By Robert Yokl | September 24, 2019 | Comments Off on Answers to Your Most Burning Questions About Healthcare Supply Category Management

Our healthcare supply chain business has been throwing around a term called “category management” for a few years now that could be interpreted differently by individual supply chain managers. To clear up any misunderstanding about this relatively new supply chain term, I thought I would answer the most burning questions I’m hearing about this topic below

5 New Paradigm Shifts in Your Purchase Service Contract Negotiations To Ensure Their Ultimate Success

By Robert Yokl | September 17, 2019 | Comments Off on 5 New Paradigm Shifts in Your Purchase Service Contract Negotiations To Ensure Their Ultimate Success

Hopefully, we can all agree that purchase services (PS) are different than product contracts. This is especially true on how we specified, measured and negotiated these contracts.  Yet, the biggest difference, as I see it, is that we must become “equal” partners with our purchase service contractors to truly impact our PS cost, quality and outcomes.  This can only be accomplished by adopting five paradigm shifts in your purchase service contract negotiations:

3 Ways That Wide-Ranging Visibility of Your Supply Streams Can Help You Cut Your Waste and Inefficiency to The Bone

By Robert Yokl | September 10, 2019 | Comments Off on 3 Ways That Wide-Ranging Visibility of Your Supply Streams Can Help You Cut Your Waste and Inefficiency to The Bone

Our research has documented that 97% of your overall supply chain expense cost savings, beyond price and standardization, can only be achieved by having wide-ranging (or extensive broadband and far-reaching scope) visibility of your hospital, system or IDN supply streams. Otherwise, you will be only skimming the surface of your supply expense savings.  Here’s three ways that wide-ranging visibility can cut your waste to the bon