How To Lose Money Fast: Ignore Savings Validation
We are all too quick to report our so-called supply chain expense savings in our monthly savings reports to our direct reports, but will these savings that we have recorded, in fact, materialize? Based on audits we have conducted at hundreds of healthcare organizations, we can say emphatically that there is no way you can know for sure if your savings materialize without savings validation. We call this fuzzy math!
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