A Back to Basics Approach to Big Supply Chain Double-Digit Savings Results

We all are looking for new strategies, tactics or techniques to improve our supply chain  savings yield.  Yet, have you ever considered that going “ Back to Basics” as the best course of action to gain double-digit savings results? If not, here is a checklist of six strategies, tactics or techniques you need to revisit every year to get your savings engine in high gear:

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Collaboration with Customers, Suppliers and Even Competitors is Your Greatest Opportunity for Success

More than 70 percent of healthcare supply chain executives, in a McKinsey survey, identified collaboration with their customers, suppliers and even competitors as the greatest opportunity for their supply chain expense management reductions.  Here are some ideas on how to collaborate with these stakeholders or competitors in your supply chain success:

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What Happens When the Products, Services and Technologies You Buy Are in The Hands of Your Customers?

We all assume that when we buy a product, service or a technology for our customers that it is used…

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3 Things Healthcare Every Value Analysis Practitioner Should Know About Selecting Their VA Projects

As your GPO and local contracts yield less and less savings into today’s healthcare marketplace, which we call cost savings…

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Podcast 42 – 4 Things Supply Chain Leaders Need to Know about the Benefits of Benchmarking

If you are a frequent reader of our blog, you would know that we are very high on hospital supply…

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Why It’s Almost Impossible to Learn Much from Another Value Analysis Program and What to Do About it

I just recently viewed two value analysis program presentations given at a national supply chain conference by two seasoned value…

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3 Benchmarking Best Practices That are Essential for Your Hospital Supply Chain Success

Healthcare Supply Chain Benchmarking* often gets a bad rap because its practitioners use imprecise measurements, there data is incorrect, or…

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5 Key Best Practices for Sustainable Hospital Supply Chain Expense Management

There is Never Just One Right Strategy to Controlling Supply Expenses, the Key is Deploying a Set of Strategies, Tools and Methods that Once Put In Place Will Help You Control and Sustain Your Supply Chain Expenses Indefinitely

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