Supply Chain Xchange’s Post

See how we’re supporting El Camino Health in managing supply chain risks, streamlining contract management and replenishment, and optimizing patient care delivery. Register for the webinar for expert insights into how you can benefit too: https://w.day/4cnnrLR #WDAYWebcasts

Thank you Allen Brazelton, MBA, Lisa Stepps, Jayne Bagge and everyone that joined our webinar this week! If you're looking for more insights on how to optimize your health system's supply chain workflows, check out our WaveMark™ Resource Center for clinical supply chain best practices and customer success strategies. #healthcaresupplychain #healthcareinsights

Supply chain costs can account for up to 1/3 of hospital spending, and according to HBR, digitizing key steps, such as data collection, ordering, reconciling, and paying vendors can reduce process related cost by up to 50%, and over time could increase revenue by 20% (i.e. more cases per day). We see this process happen all the time at DOCSI when digitally reconciling physician preference cards items. Success in one area builds confidence to look at another, and before you know it, and the savings rack up! I’m passionate about driving beneficial change – shoot me a note if you’d like to have a quick conversation about how we do it! #supplychain #Processimprovement #digitization

Don't underestimate the power of data-driven enterprise visibility in a clinical supply chain. Explore how WaveMark™ Solutions can help transform your health system's supply chain with actionable insights. #HealthcareSupplyChain

Happy Healthcare Supply Chain Week! 🎉 This week, we celebrate and honor the dedicated professionals who work tirelessly behind the scenes to keep our healthcare systems running. With about 98% of my network involved in healthcare supply chain, I know firsthand how expansive this field is. From buyers, materials managers, logistics teams, contract managers, analysts, HTM, purchasing teams, and supply chain technicians to clinicians—supply chain touches every part of the system. It also extends beyond healthcare systems to manufacturers, suppliers, distributors, GPOs, and software that helps manage and optimize supply chains. Let's not forget the truck drivers and countless others who keep things moving! There are so many moving parts, and your impact—whether ensuring the timely delivery of critical medical supplies or optimizing operational efficiency—is truly immeasurable. Thank you for your resilience, innovation, and commitment to improving patient care. Your expertise and hard work make a difference every single day, and we are deeply grateful for all you do. Cheers to you and the vital role you play in healthcare! 🙌💙 #HealthcareSupplyChainWeek #Gratitude #HealthcareHeroes #SupplyChain #scweek

The healthcare industry faces critical challenges in supply chain management, directly affecting patient care and operational efficiency. Our latest whitepaper explores these issues and provides actionable strategies to overcome them: Inflexible Shipping Options: Gain flexibility to address emergencies and manage inventory effectively. Poor Workflow: Streamline operations with centralized data and automation to eliminate inefficiencies. Hidden Fees & Weak Charge Capture: Discover transparent shipping solutions that identify cost-saving measures and prevent revenue leakage. Enhance your medical supply chain operations: https://shorturl.at/Ue6sG #Whitepaper #D365 #MSPartner

Say "Hello!"👋 to our newest member of the Power Supply Expert Series™, Amy Wesley! Amy is continuing our Supply Chain Operations Expert Series™ with her first 3-page downloadable resource here: https://lnkd.in/grTzp6QW "Over the last three months, we have been discussing finding efficiency in your Supply Chain. This month, we will continue our discussion around PAR Optimization. Last month we began with the data. Now that you have a clear understanding of your usage data, you may be wondering how to make sure you set the right PAR levels so you have what you need when you need it and don’t experience stockouts or obsolete and expired stock. If so, you’re in the right place. As we discussed last month, having accurate and complete supply usage data allows you to make fact-based decisions. However, setting the right PAR levels, even with complete data, can be tricky. So, let’s discuss some things to consider when setting your PAR levels: - Clinical Usage: This is where your usage data is critical. If you use a lot of a particular supply, you will need to set the PAR levels higher. But not so high that your carrying costs increase. - Replenishment Cycle: How long will it take to get the supplies you ordered? If it takes a long time, set a higher PAR level. - Seasonality: For example, with the onset of cold and flu season, you will need more testing kits. Looking at supply usage data for the same period as the previous year will help you to adjust accordingly. - Available Storage Space: How much do you have? If your space is too small, you may need to decrease the quantity of supplies (and increase the frequency) you order due to limited space. - Patient Acuity: What department are you ordering in? ED? ICU?Usually the sicker the patient, the higher the rate of supply usage. - Minimum Quantity for Care: Some items are rarely used, but when they are used they need certain minimum quantities to provide care. Often these items are needed for emergencies, so it is important to get clarity on this need from the clinical team to support patient care. As with everything, this should not be done in a vacuum. Consult your clinicians and supply technicians to ensure you have a complete picture of what is happening in..." - Amy Wesley #SupplyChainOperationsExpert #PowerSupply #ExpertSeries

Ever wondered how top medical logistics providers deliver critical supplies so quickly and efficiently? Dive into our latest case study to see how Excel Courier supports a top-three global player in the industry. How do you think logistics can further revolutionize healthcare delivery? 👉 Read more https://hubs.li/Q02WWcP30

Does your healthcare system have aggressive savings goals this fiscal year? GHX can partner with you to meet and exceed them! Learn how Mary Washington Healthcare did just this.

Effective inventory control and setting optimal reorder limits are crucial for healthcare providers to ensure uninterrupted patient care. Here are key strategies: - Implement automated inventory management systems for real-time stock tracking and timely reordering. - Classify inventory using ABC analysis to prioritize critical items for resource allocation efficiency. - Conduct regular audits to adjust reorder limits based on actual usage patterns. - Foster strong supplier relationships for better forecasting and quicker replenishment. - Maintain safety stock levels to buffer against unexpected demand spikes or supply chain disruptions. By adopting these practices, healthcare providers can enhance operational efficiency, reduce costs, and ensure timely patient care. #HealthcareManagement #InventoryControl #SupplyChain #HealthcareProviders