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Did You Know...?

That Value Analysis Was Developed Back In the 1940's After World War II as a Way to Find Lower Cost but Higher Quality Alternative products and methods. This was Due to the Lack of Material Resources At The End of The War.

Savings Beyond Price -Weekly eNewsletter - June 28, 2011

 

A Note from Robert T. Yokl,
President and Chief Value Strategist

I would like to wish our readers a happy July 4^th and hope you are taking some extra time off, as I am, to recharge your batteries. But before I leave for an extended holiday, I have written this week in my feature article about “Unleashing Your Supply Chain Potential”. It’s a guide to tweaking, rethinking and shrinking all of your supply chain expenses to an absolute minimum, because there really isn’t anywhere else to go for savings! 

Next, in my blog article this week “Posters Can Change a Resistant Culture” I have resurfaced the idea of employing posters to remind, coax and guide your clinicians to do the right thing, since many times it is the little things you do that can make big changes in a resistant culture.  

Lastly, if you haven’t seen our new iSupplySavings Toolbox that houses hundreds of savings ideas and best practices that we have compiled over our 24 year history, then you are missing a big opportunity to save more in less time! 
 

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Unleash Your Supply Chain Potential

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No matter the size of your healthcare organization or the extent of your supply chain staff you can rethink and refine what you have been doing to unleash your supply chain potential if and when you focus your supply chain efforts on minimizing waste, improving efficiency and increasing your savings -- beyond price.  

We like to say that there is a “Whole new world of savings that will open up for you” if you start to observe and then analyze how your products, services and technologies are employed in your healthcare organization as opposed to being fixated on the price at the pump. This is where your gold nuggets will be found -- not in price!  

Now that inflation has kicked-in on cotton, rubber, food and fuel it becomes even more important to understand how your products, services and technologies are actually employed at your healthcare organization, so you can come up with creative ways to reduce your healthcare organizations cost. For example, many hospitals are making menu changes (e.g. chopped broccoli vs. broccoli spears) to mitigate some of the food inflation they have been experiencing. Others are switching from latex surgeons gloves to nitro gloves since the cost of latex has risen dramatically or limiting choices (size, shape, colors, etc.) of the products they are buying. One hospital system I just read about even changed all their printer defaults to century gothic font to save 30-percent on their ink usage.  

This is the future of supply chain management: Tweaking, rethinking and shrinking all of your supply chain expenses to the absolute minimum. At the same time, make everything you do more efficient, more productive and easier for everyone that touches your supply chain functions and activities. That’s how you unleash your supply chain potential!
  

Warmest Regards,

Robert T. Yokl
Chief Value Strategist
Strategic Value Analysis® In Healthcare
Bobpres@strategicva.com
1-800-220-4274

Your Partner In Savings Beyond Price™,

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JUST ANNOUNCED - Breakthrough Game Changing Book is Yours for FREE!  Healthcare Supply Utilization Revolution   Read this book and in a few weeks save more money than you have in years. Sounds unbelievable? Robert T. Yokl and Robert W. Yokl, healthcare’s leading authorities in Supply Utilization Management, have helped hundreds of hospitals, healthcare systems and integrated delivery networks to saved close to a half billion dollars by employing the same utilization management strategies, tactics and techniques that they will teach you in this book.   Get Your FREE Copy Here

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