Power Supply
6 Unwanted Things that Happen When the Products, Services, and Technologies You Buy Are Put into the Hands of Your Customers
On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about why price is the smallest element of your lifecycle cost equation: “Too often when a product, service, or technology is purchased, it is considered a completed transaction by your contract managers once they have obtained the best price, and then it is quickly forgotten. You might not realize it, but this is the #1 reason why you would have higher per patient day supply costs than your competition. Remember, price is the smallest element of your lifecycle cost equation. To this end, your optimal lifecycle cost drivers reside in the following six things that happen when the products, services, and technologies you are buying are put into the hands of your customers:…” Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://lnkd.in/gzg_s8H2 Android: https://lnkd.in/g_Bs3B72 And listen at: iTunes -> https://lnkd.in/gj3HTbUG Spotify -> https://lnkd.in/gVRx6vNa Stitcher -> https://lnkd.in/gh3ZQifn Amazon Podcasts -> https://lnkd.in/gDhPJDgh Google Podcasts -> https://lnkd.in/gisj3y2R #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis
Adjusting Time: A Positive Outlook on the Future of JIT
Many of us have felt that Just-In-Time is dead thanks to the pandemic and the increasing number of shortages we have experienced, but maybe not! Wade Blom joins Hays Waldrop, Garry Skinner and Justin Poulin to offer up a brighter future for the inventory management strategy that was used extensively leading up to the pandemic. We also learn how we set ourselves up for failure and what can be done to get things back on line and operational. Don’t sleep on this episode as we not only discuss the healthcare side of the table, but also implications for manufacturers and what suppliers need to be doing to be good partners!
Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ
And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY
#JIT #Just-In-Time #supplychaindisruption #Mustard #Expiration #PowerSupply #Podcast #Education #SupplyChain #HealthcareSupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing
Dripping with Positivity: Keeping Patients Informed and Aware
“Healthcare is focused on patient experience and outcomes. We have HCAHPS scores and quality metrics, but these are all at the end of the service line. However, farther upstream, even before a device is delivered to the hospital, there are decisions that are being made that impact those patient experiences and outcomes. How do we take into account all the variables from a higher level and integrated view? Ryan Bass joins Hays Waldrop, Garry Skinner and Justin Poulin to tell us exactly how and offers his insight on keeping patients informed with positive and negative messaging drip campaigns. That can mean letting them know when they have been impacted by a recall and need to take action, but it can also mean letting them know that they were not impacted and rest easy at night. Be sure to tune in this week for an interesting and engaging discussion!”
Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ
And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY
#patientexperience #patientmessaging #PowerSupply #Podcast #Education #SupplyChain #HealthcareSupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing
What’s Fun Got To Do With It?
How much do you know about the hosts of the Power Supply Podcast? Ever wonder what is going on behind the scenes? Do the hosts even like each other? Find out on this special edition of the Power Supply Podcast featuring the hosts of the show Hays Waldrop, Garry Skinner and Justin Poulin. Tune in this week to learn more about this crazy cast of characters, their background and some of their favorite interviews since the show launched over a year ago!
Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY
#PowerSupply #Podcast #Education #SupplyChain #HealthcareSupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing
The OTIF Motif: A success story for effective supplier partnerships
Partnering with suppliers and developing transparency around KPIs and metrics is a crucial component of many thriving healthcare sourcing strategies. Stephen Downey from the Cleveland Clinic kicks off the third season of Power Supply by sharing his approach to implementing OTIF (On-Time, In-Full). As Stephen mentions in his discussion with Hays Waldrop, Gary Skinner and Justin Poulin; it’s not just getting what we ordered, but also getting it where we requested and when we asked for it. Tune into this episode to learn more, such as how the OTIF score can help organizations identify where expectations may not be in alignment with supplier capabilities and identify necessary steps such as adjusting lead times. You don’t want to miss this episode and the start of Season 3 on Power Supply!
#OTIF #PowerSupply #Podcast #Education #SupplyChain #HealthcareSupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing
5 Tips On Establishing Your Own Hospital Supply Utilization Management Program
On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about activity based costing (ABC), supply chain training, supply validation, and more: “As hospitals, systems, and IDNs see fewer savings results from their GPO or local new and renewal contracts, more and more healthcare organizations are preparing to launch their own Supply Utilization Management Program to make up for these shortfalls. To this end, here are five tips on establishing your own Supply Utilization Management Program that might make this transition to new and better savings even easier…” Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://lnkd.in/gzg_s8H2 Android: https://lnkd.in/g_Bs3B72 And listen at: iTunes -> https://lnkd.in/gj3HTbUG Spotify -> https://lnkd.in/gVRx6vNa Stitcher -> https://lnkd.in/gh3ZQifn Amazon Podcasts -> https://lnkd.in/gDhPJDgh Google Podcasts -> https://lnkd.in/gisj3y2R #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis
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