Power Supply
From Overstock to Optimized: Perfecting Your Reordering Strategy
Is your reordering strategy leaving you with too much or too little inventory? Get ready to discover the power of reorder quantity formulas with Brian Bartel, Suzi Collins, and Justin Poulin as they reveal how these calculations can optimize your supply chain operations. In this episode, Brian breaks down his Excel-powered approach to calculating optimal order quantities, while Suzi shares her strategy for balancing inventory across multiple hospital sites. Discover how to navigate the challenges of unit measures, lead times, and slow-moving items to keep your shelves stocked without overspending. Whether you’re managing a single facility or a complex healthcare system, you’ll gain valuable insights to transform your ordering process from reactive to proactive. Tune in now and learn how to leverage data-driven decisions to streamline your inventory and boost your supply chain efficiency!
Formula: Reorder Quantity (ROQ) Formula = Average Daily Usage x Average Lead Time
Stay tuned for part three, where we’ll dive into safety stock formulas.
Want to stock up on more supply chain insights? Connect with Power Supply on LinkedIn: https://www.linkedin.com/company/powersupplymedia
#PowerSupply #SupplyChain #HealthcareSupplyChain #ReorderQuantity #LeadTime
AHRMM Power Up Podcast – Episode 15
This is the AHRMM Power Up Podcast with Mike Schiller and hosted by Justin Poulin. Every month, we highlight trends, strategies, and solutions from the field to advance the healthcare supply chain industry. In this episode, Mike and Justin share insights and updates from July ’24:
- National AHRMM Conference – 2 Months Away!
o Featuring 3 Great General Sessions — Including speaker Joe Walsh (Talent Triumph)
o Community Event — Partnering with the OH Chapter of AHRMM
o Reminder — August 19th Deadline for Booking Hotel!
- “On the Fringe” — BD BacTec Blood culture Media Bottles (Supply Disruptions)
#AHRMM #PowerSupply #Podcast #HealthcareSupplyChain #JulyUpdate ________ Power Supply is proud to partner with AHRMM, the leading professional membership group for the healthcare supply chain. Through this collaboration, Power Supply offers Continuing Education Credit (CEC) approved podcast episodes to the healthcare supply chain audience.
From Case to Cash: Navigating the Supply Chain Bill-Only Maze
Is your bill-only PO process costing you more than just time and headaches? On this Power Supply Season 11 premiere episode, we sit down with Denise Odenkirk, Vice President of Supplier Sales at GHX, to unravel the complexities of the case-to-cash process and explore how AI is revolutionizing healthcare supply chain data management. Denise shares eye-opening insights on streamlining bill-only workflows, from breaking down data silos, and achieving touchless 15-day payments, to fostering unprecedented collaboration between providers and suppliers. From real-world success stories to practical strategies for leveraging AI, this episode is packed with game-changing data insights that could transform your approach to bill-only orders. Whether you’re drowning in pricing exceptions or looking to stay ahead of the curve, join us to explore how you can turn your data headaches into strategic advantages. Tune in now and discover how to transform your bill-only process from a pain point into a model of efficiency and collaboration!
Once you complete the interview, jump on over to the link below to take a short quiz and download your CEC certificate for .5 CECs! – https://www.flexiquiz.com/SC/N/ps11-01
#PowerSupply #Podcast #AHRMM #HealthcareSupplyChain #AI #BillOnlyPO #DataManagement
Fabric of Safety: The Reality of Attainable Linen Compliance
Is your facility’s laundry program putting your patients at risk? What if there was a comprehensive solution to ensuring you had hygienically clean, compliant linens for every patient, every time? On this week’s Power Supply Vendor Spotlight™, we’re joined by Gregory Gicewicz, Founder & CEO of Compliance Shark, to discuss his team’s innovative solutions to healthcare linen and laundry programs. Learn how Compliance Shark’s end-to-end linen program assessment can help transform your facility’s approach to linen and laundry management while maintaining infection prevention compliance. Discover how Greg and his team of experts are helping healthcare facilities create fully customizable linen and laundry programs tailored to meet their unique needs. Tune in today to find out how Compliance Shark can help your facility optimize operations, reduce costs, and ensure your linens meet the highest standards of infection prevention and patient safety!
For more information on how Compliance Shark can help optimize your facility’s linen program, visit www.complianceshark.com or call 425-765-8894.
Are you ready to schedule an initial linen program risk assessment? Email gregory@complianceshark.com or info@complianceshark.com for more info. Don’t forget to follow Compliance Shark on LinkedIn for the latest updates on healthcare linen compliance and best practices!
AHRMM SME podcast featuring Chris Anderson
This week on the AHRMM Subject Matter Expert Podcast, Chris Anderson, Director of Technical Program Management at VUEMED, joins Justin Poulin to explore the challenges of multiple device identifiers and the confusion they can create in healthcare UDI systems. Chris outlines the benefits of UDI but also dives into common compliance issues like non-compliant barcodes, manufacturing defects, and incomplete data that can arise when manufacturers make changes or products are sold to new companies. Discover how multiple DIs happen, the operational impact on healthcare organizations, and what supply chain professionals can do by engaging with suppliers and the FDA to manage this issue. Don’t miss this insightful discussion on maintaining UDI data integrity!
#PowerSupply #AHRMM #Podcast #HealthcareSupplyChain
AHRMM Power Up Podcast – Episode 14
This is the AHRMM Power Up Podcast with Mike Schiller and hosted by Justin Poulin. Every month, we highlight trends, strategies, and solutions from the field to advance the healthcare supply chain industry. In this episode, Mike and Justin share what you need to know from June ’24:
- Heartbeat of Healthcare
- Supply Chain Fundamentals Series (free for all)
o New Sessions for the Conference
o Partnership with the Greater OH Chapter of AHRMM
o Upcoming Webinars (July – Unlocked Purchased Services Savings)
o Added Chapter Calendars to the AHRMM website – check it out today!
- Chinese Syringes, CSF Drains, Tariffs, and Getinge Intra-Aortic Balloon Pumps
#AHRMM #PowerSupply #Podcast #HealthcareSupplyChain #JuneUpdate ________ Power Supply is proud to partner with AHRMM, the leading professional membership group for the healthcare supply chain. Through this collaboration, Power Supply offers Continuing Education Credit (CEC) approved podcast episodes to the healthcare supply chain audience.
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