Power Supply

Supply Chain entrepreneurship isn't for everyone.  There is a great deal of risk involved and most startup companies fail in the first several years, sometimes as a result of their own success.  So why would anyone even bother trying?  Rich Palarea joins Hays Waldrop, Garry Skinner and Justin Poulin to give us his perspective on why he has enjoyed his career launching new businesses and what has m...

With infection control and prevention taking center stage in healthcare over the last several years, how involved have your IP colleagues been in product evaluations and sourcing strategies? On this unique interview,  Dr. Hudson Garrett and Karen Niven (President Elect of AVHAP) join Hays Waldrop, Garry Skinner and Justin Poulin to talk about the critical synergies between these two groups.  What...

Consumers have become much more informed and savvy with the evolution of technology.  In the past, your primary care provider would order durable medical equipment but in the past few years we have seen patients working directly with the manufacturers.  On this Season 2, Episode 2 of Power Supply, Jennifer Stango joins Hays Waldrop, Garry Skinner and Justin Poulin to discuss the impact this shift...

Is it time to recall your medical device recall process? Medical device recall alerts have been managed the same way since the very beginning of their use -- but what is changing is the substantial increase in the volume of alerts over the past 10 years. Guillermo Ramas, Founder of NotiSphere joins us for this Power Supply Vendor Spotlight™ to talk about how he has created a win-win solution for s...

What impact has the delivery of healthcare had on our environment?  Has your hospital or health system made an ongoing commitment to healthcare sustainability?  On this Season 2, Episode 1 premiere of the Power Supply podcast, Scott Rich joins Hays Waldrop, Garry Skinner and Justin Poulin just one week ahead of the CleanMed conference to share his perspective on how to implement an environmentally...

What is "nearshoring" and how can it solve many of your most pressing healthcare supply chain issues? On this Power Supply Vendor Spotlight™ we highlight Caresfield, an organization that began serving in the niche of healthcare labels, but eventually grew into disposable tourniquets, patient ID bands, cohesive bandages and specimen collection products. Nick Fruge, VP of Operations joins Justin Pou...

What is the difference between real property and personal property in healthcare?  While the initial tag for real property may seem the most costly, did you know that personal property often costs more than real property?  How does your organization manage personal property in terms of maintaining an accurate inventory, tracking the assets and accounting for depreciation?  On this episode of the P...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl highlights some important tips for navigating current (and future) supply chain challenges: "There is a tendency to beat up on your suppliers in challenging times, but your suppliers are having the same challenges you are in the new healthcare economy, such as lower profits, higher costs, and a disruptive marketplace. This is a sh...

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 expi...

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, stakeh...

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...

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 h...

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...

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 Sup...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares solutions for the little leaks and big outflows that may be happening around your health system: "No longer can we sit by and watch our hospital's supply expense leaks get bigger and bigger. We need to plug them now, so we can help our hospital sustain a healthy bottom line. If we wait any longer to do so, it will be more d...

It's no secret that the global healthcare supply chain has experienced unprecedented disruption over the past 2 years. While many of the issues are domestic, these same issues also exist in other countries around the world.  How does the United States compare to other countries and what trends are emerging such as "near shoring"?  On this week's episode of Power Supply, we speak with Sven Schürer,...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares some key strategies for creating a sustainable savings pipeline for your health system: "[I]t's time that we focus our healthcare supply chain efforts on the development, enhancement, or refinement of our supply chain expense management systems to ensure that we are capturing all the supply expense savings opportunities tha...

Coordinating all the internal stakeholders through your healthcare organization can be a daunting task during contract negotiations.  Keeping the team engaged and aligned can be difficult enough, but does everyone have clear visibility to the data throughout the process?  Preparation is critical to success, but a big piece of that preparation has to do with developing the supply chain talent in yo...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares his top 10 best practices for hospital value analysis in the US: "Most value analysis programs focus their efforts on GPO contract and requisition driven offerings, whereas, best-practice hospitals strategically plan their value analysis candidates and target their savings. Results show that strategic planning driven VA pro...

These days it seems like you need a crystal ball to write an IT contract that will remain relevant for the next 3-5 years.  How could you possibly anticipate the next cyber threat and the corrective action?  Could you sit down with your CIO and produce a complete list of vendors who connect to your healthcare organization's network?  If not, then this episode of  Power   Supply is for you.  On thi...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl takes us on a quick trip through common sense benchmarking in your hospital: "You need to have a system in place to continuously benchmark everything that is important in your supply chain operation's performance, such as people, projects, and performance, especially when it comes to expense and cost management. Since things chang...

It seems like everyone is implementing a new ERP these days, but are you expecting technology to be a simple and easy solution to solve all your problems?  What are some common obstacles and objections related to this transformational change in your healthcare organization?  A new ERP solution is a significant long-term commitment so sustainability and continuous improvement should be major consid...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl delves into the critically important topic of KPIs in healthcare Supply Chain: "I'm sure you have heard the phrase "what is measured happens." This phrase is the genesis or reason for creating and then measuring your individual KPIs. Without KPIs, you will never know if your supply chain department is being steered on the correct...

For many healthcare organizations, space is at a premium.  Especially when it comes to storing supplies that are necessary for patient care.  Keeping them organized can also be difficult considering that a multitude of staff from a variety of departments require constant access.  On this episode of Power Supply Hays Waldrop, Garry Skinner and Justin Poulin speak with Monique Albornoz, Principal at...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl argues for looking beyond a price-only view of your Supply Chain responsibilities: "If you are just attacking the price at the pump, then you are missing huge savings opportunities in your products, configurations, deliveries, and disposal cost. While price is important, it pales in comparison to your total cost of acquisition to...