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Three Reasons Why You Should Attack Your Supply Utilization Misalignments Now

By Robert Yokl | July 21, 2020 | Comments Off on Three Reasons Why You Should Attack Your Supply Utilization Misalignments Now

We are all looking for the next big supply chain expense savings for our hospital, system, or IDN, now that our price savings are on life support. But too often we are looking in all the wrong places. One area where you should be looking for new and better savings is supply utilization misalignments (i.e. […]

Defining Healthcare Supply Chain Expense Optimization for Better Results

By Robert Yokl | July 14, 2020 | Comments Off on Defining Healthcare Supply Chain Expense Optimization for Better Results

I am seeing more and more healthcare supply chain publications, white papers, and supply chain vendors using the term supply chain expense optimization (SCEO) to describe saving more money. But supply chain expense optimization is much more than this. SCEO is the action of making the best and most effective use of supply cost expense […]

4 Reasons Why Supply Utilization Savings Are Better Than Price Savings

By Robert Yokl | July 7, 2020 | Comments Off on 4 Reasons Why Supply Utilization Savings Are Better Than Price Savings

I was just made aware by my staff last week that they are now seeing annualized price savings for even the most contract compliant hospitals, systems, and IDNs that have shrunk to 1% to 2% from 2% to 4% of overall budget over the last decade. This is a startling change in supply chain economics […]

Rethinking Your Supply Chain Expense Management Strategy

By Robert Yokl | June 30, 2020 | Comments Off on Rethinking Your Supply Chain Expense Management Strategy

A recent poll of supply chain managers stated that 1 out of 3 supply chain managers believe that we have passed the peak of coronavirus disruption. That’s good news! Now that we see a light at the end of the tunnel, we need to start rethinking our supply chain expense management strategy post-pandemic so we […]

Podcast 57 – Healthcare Supply Utilization Management: What It Is and What It Is Not!

By Robert Yokl | June 29, 2020 | Comments Off on Podcast 57 – Healthcare Supply Utilization Management: What It Is and What It Is Not!
Hospital Supply Utilization Management

In any industry there is terminology that is slow to be adopted but then becomes mainstream and functional. One of these mainstream terms that we use in healthcare today is supply chain management, which was created in concept in 1961 but not fully adopted by the healthcare industry until the late 1990s. Another one is healthcare value […]

Quiz to Evaluate Your Value Analysis and Utilization Management Strategy

By Robert Yokl | June 23, 2020 | Comments Off on Quiz to Evaluate Your Value Analysis and Utilization Management Strategy

How often do you ask yourself this question: What is my value analysis and utilization (VA & UM) strategy? Is it to save money? Is it to vet new and renewal group purchasing contracts? Is it to approve or deny new purchase requests? Is it to improve cost, quality, and outcomes? Or, is it all […]

Don’t Only Focus on Fixed Cost When Even Bigger Savings are Achievable in Your Variable Cost

By Robert Yokl | June 16, 2020 | Comments Off on Don’t Only Focus on Fixed Cost When Even Bigger Savings are Achievable in Your Variable Cost

There is no supply chain professional that isn’t focused on controlling their supply chain costs through price, standardization, and rebates. But, did you know that there are even bigger savings to be found in your variable supply chain cost by attacking the waste and inefficiency in your supply streams? This is why shifting your focus […]

4 Approaches to Contain Your Supply Chain Expenses

By Robert Yokl | June 9, 2020 | Comments Off on 4 Approaches to Contain Your Supply Chain Expenses

I can only assume that your healthcare organization is revising its fiscal year 2020/2021 budget now due to the effects of the pandemic. This is because we are entering a new normal for our healthcare organizations where we will need to dig deeper and broader for supply chain savings just to keep running in place. […]

Healthcare Supply Utilization Management: What It Is and What It Is Not!

By Danielle Miller | June 8, 2020 | Comments Off on Healthcare Supply Utilization Management: What It Is and What It Is Not!
Hospital Supply Utilization Management

By definition, Supply Utilization Management (SUM) is “the management and control of products, services, and technologies’ consumption, applications, and use to ensure that they are being employed in the most efficient and cost-effective manner.”

4 Ways Supply Utilization Management Saves Healthcare Organizations Money

By Robert Yokl | June 2, 2020 | Comments Off on 4 Ways Supply Utilization Management Saves Healthcare Organizations Money

The feedback we are receiving from our supply chain community is that they need to save money…now. However, they admit that their price savings has become meager at best even before the pandemic. To this end, we would like to remind all supply chain professionals that there is a new and better source of savings […]

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