Value Analysis Professionals should have their own Dashboards to cover the multitude of areas that they are now addressing to optimize the cost and quality of products/services. I am not just talking about a dashboard to show you the latest new product requests, although that is an important element. There is so much more that Value Analysis Professionals do for Supply Chain organizations, and they need to have more tools to do their jobs better, quicker, and more efficiently. VA needs to have their own specific dashboard.
Getting Beyond the Spreadsheet
I know some VA Professionals that are just happy to be able to work up their spreadsheets and slide decks for their various new products and other initiatives, but that is not to say that they cannot graduate up to full blown VA Dashboards quickly. We have found the goal for these dashboards is to address the unique workflows, processes, and data elements of each Value Analysis Program which need to be tracked after and reported out on almost daily. To be doing all this reporting on spreadsheets day after day, week after week, and month after month can easily become monotonous. That is why you need to look into VA Dashboards as the next level of tools and reporting software that will make all your data, tracking, and reporting sing.
One Dashboard System Can Handle Everything for You!
Just think, if you only must access one system for new product requests, VA team management, savings tracking, recall management, cost optimization, benchmarking, and project management – that would be ideal. One of our areas of expertise is customizing software dashboards for healthcare organizations’ VA programs that give them their data the way they want to see it every time. I believe all VA Professionals’ goals should be to have their own dashboard software that will eliminate the spreadsheet monotony and give valid Value Analysis information from macro to micro with just a few clicks of your mouse.
Value Analysis Dashboards Give Your Most Valuable Asset Back to You – More Time!
Time is the biggest challenge for any Value Analysis Professional, especially when you are starting to hit the law of diminishing returns with how much you and your VA Teams can handle while still working with manual spreadsheets. If you can free up your time with custom dashboards that follow your workflow, your reporting needs, and your guidelines for VA, then you can handle it all and then some.
The Bottom Line on Value Analysis Dashboards
VA needs to have their own Dashboards, and the benefits will far outweigh any downside in a little spending to have these developed whether it be internally or with an organization like SVAH. No AI needed, nothing fancy, just some well configured Dashboards that will be database-driven tools. Once set up, you will wonder how you have operated without these for all those years. It’s time to start planning how to up your VA game with Value Analysis Dashboards.
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