Power Supply

Without supplies there is no surgery. Without products there is no patient care. Welcome to Power Supply – the healthcare supply chain podcast focused on helping you navigate the intricacies of logistics, purchasing, contracting and supplier relationships. Each episode we speak with healthcare executives, supply chain leaders, and innovative entrepreneurs from across the country as they share their stories, experience and expertise on the industry we love. From the loading dock to strategic sourcing, for buyers to the C-Suite and across the enterprise — we tackle the real-life issues impacting the health care supply chain. Whether you’re tuning in for conversation or inspiration, we’re glad you’re here. You’re just in time to hear it from the source and stock up on insight, so sit back and plug into Power Supply…

Leveraging the UDI Barcode: The Hidden Truth About Inventory

Are you tired of the exhausting manual process of taking inventory?  How much waste and revenue loss does your organization experience related to the lack of visibility to expiration dates and lot numbers?  The FDA requirements for UDI (Unique Device Identifier) represents a significant opportunity for improving inventory management and preventing revenue loss by reallocating overstock before expiration.  On this week’s episode of Power Supply, Ashlea Souffrou joins Hays Waldrop, Garry Skinner and Justin Poulin to provide an overview of UDI and identify opportunities to clean up your inventory master lists, reference numbers, descriptions and reduce the human effort required to achieve best practice in the midst of a talent shortage in supply chain. We hope you can join us!

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

#UDI #Inventory #Revenue #ExpiredProducts #UniqueDeviceIdentifier #FDA #DataCapture #AIDC #referencenumbers #Barcode #MedicalDevice #GUDID #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

Hospital Supply Chain Project Cycle Time

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl shares three tips for monitoring key performance indicators (KPIs) of your projects: “It’s been our experience that the most important factor in the selection of your core project team membership (the people who get things done on time and on budget) is that they must be “agents of change.” They then can seek out customers, stakeholders, and experts to fill in their ranks who have the necessary knowledge and expertise to allow them to successfully complete their assigned task. This might seem like a strange or foreign team structure to you, but we have found over the years that heterogeneous vs. homogenous project teams work best to make lasting change happen…..” Tune in for the full article! 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 #Healthcare #Purchasing #Contracting #ValueAnalysis

Value Analysis Automation: Codifying Workflows

Value Analysis workflows have been managed manually for far too long.  Has your organization adopted technology to better manage the process and break down the silos within the supply chain?  Stephen Kinsella, Owner of the Data Leverage Group joins Justin Poulin to share his success with helping supply chain automate value analysis by codifying the workflows within the VAMS solution.  Stephen also shares his secret sauce for research and development to ensure that the technology continues to evolve based on the needs of the clients that are utilizing VAMS and participate in regular user group meetings.

Be sure to download the Power Supply Media smart phone app for either iPhone and Android so you can access bonus content that we have available for this episode.  Also visit their website: https://www.dataleveragegroup.com/ or find them on Linkedin: https://www.linkedin.com/company/data-leverage-group.

#valueanalysis #dataleveragegroup #automation #workflow #VAMS #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

Coming Up Short: Understanding Nuanced Challenges in Sourcing Pharmaceuticals

What makes sourcing pharmaceuticals different from other categories within the healthcare supply chain?  Shortages have placed stress on the system that require healthcare organization to look for substitutes and alternative suppliers.  Not everyone understands the underlying causes of these shortages and while the industry has always dealt with shortages there are also newer challenges that may have not been faced in the past.  Greg Chavez joins Hays Waldrop, Garry Skinner and Justin Poulin to provide an overview of the nuances to sourcing pharmaceuticals and offer up his insight into a changing landscape related to regulation, manufacturer mergers and the pandemic. We hope you can join us!

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

#pharmacy #pharmaceuticals #regulation #substitutes #shortages #healthsystem #disruption #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

Find Objection Busters for Your Hospital Value Analysis Team

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about the importance of “objection busters” for your hospital’s VAT: “One example is a COO who, after a value analysis team meeting where he was their champion, cornered doctors in his hospital’s hallways to discuss why they turned down the opportunity to save money on pacemakers. And believe me, they had better have a good reason for not accepting positive change or he would counter their objections one after another….” Tune in for the full article! 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 #Healthcare #Purchasing #Contracting #ValueAnalysis

Large Scale Contract Negotiations: A System-wide Approach for Success

How do you move beyond price point in large scale negotiations?  What level of emphasis should benchmarking have in the process and how should data be leveraged to ensure physician and clinician alignment?  How do you identify what the market can bear and prevent an inflated market, especially considering the raw material shortages influencing the market today?  On this week’s episode of Power Supply, Brad Forth, VP of Sourcing and Vendor Management at SSM Health joins Hays Waldrop, Garry Skinner and Justin Poulin to share his supply chain experiences before moving into healthcare and offers some tips and insight around navigating system wide sourcing initiatives.

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

#negotiations #largescale #rawmaterials #shortages #healthsystem #disruption #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

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About Instructor

Hank Balch

Weapon of Mass Microbial Destruction

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