Power Supply

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...

You may already know about the Association for Health Care Resource & Materials Management's (AHRMM) CQO movement, but have you heard about the YPAC (Young Professionals Advisory council)?  Perhaps you've earned your Certified Material & Resource Professional (CMRP) and attended AHRMM's annual conference and exhibition to get CECs, but you'll be surprised to hear all that the education committee h...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl makes the case for looking at the big picture and big wins available to your hospital Supply Chain team: "Don't get bogged down researching special requests, or as I like to call it "trivia", when there are dozens of high value savings targets that you should be working on. Running down these oddities might be fun to do, but it wi...

When it comes to adding space, a hospital has two options: move to a new building and renovate, which can completely disrupt staff operation, or use the current space and invest in a more space-efficient storage system. On this Power Supply Vendor Spotlight, we sat down with Ian Loper from DSI to chat about an integrated, high-density storage system that can meet all the safe and efficient sterile...

How do you incorporate operational measurements into the larger context of managing expenses and delivering care to the community?  Is your health system able to effectively connect those measures to the most important KPI, patient outcomes?  On this episode of Power Supply Lana Makhanik, CEO from VueMed joins Hays Waldrop, Garry Skinner and Justin Poulin to discuss strategies for developing compe...

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl describes the importance of diagnosing your healthcare Supply Chain challenges before trying to implement a solution: "The simple truth is that we, as an industry, are treating symptoms of a problem more often than the actual cause of the behavior with so-so results. To correct this behavior, diagnose before you prescribe a soluti...

How can providers and suppliers partner effectively to tackle the rising concerns around Cybersecurity as Healthcare Organizations get "smarter"?  The contracting process can be cumbersome for suppliers, and the contraction process and negotiations represent challenges for the healthcare supply chain.  On this episode of the Power Supply podcast, Marc Sammons and Matthew Webb from IT Security and...

Cybersecurity has become one of the top concerns of healthcare organizations and the general public in recent years.  What should you and your organization be considering as we consistently strive to keep up with the pace of change within information services?  Tahjar Roamartinez is an "ethical hacker" with a broad experience in Cybersecurity and having chaired multiple boards and bringing deep go...

Backorders have been wreaking havoc on supply chain for nearly two years and it appears that they are here to stay!  On this week's episode of the Power Supply podcast, Suzi Collins joins Hays Waldrop, Gary Skinner and Justin Poulin to talk about how her organization has developed processes to better manage backorders and give her team the confidence to work autonomously.  One secret: Never take a...

Machine learning and artificial intelligence are driving innovation and creating the tools that will take Supply Chain to the next level. In this week's episode of Power Supply, Vincent Matozzo CEO & Managing Partner at Paradigm Venture Group LLC joins the rest of the team to share his vision for the future of Supply Chain and what can be done today to view aggregated data from disparate platforms...

Preference cards can be time consuming to maintain but also an ongoing opportunity to remove waste from the system from both the clinical & supply side.  Ensuring that your efforts are not in vain takes good data, a commitment from multiple departments, adoption from leadership, and a sustainable process.  On this week's episode of the Power Supply podcast, Susan Pfeifer and Alison Sonstelie join...

How has the pandemic and frequent backorders impacted your ability to provide necessary supplies to the clinicians on the front lines?  How much time and effort was required of your health system to find available items already in stock so that they could be redistributed to other areas in need?  How flexible and sophisticated are your sourcing options when PPE is hard to find and in high demand? ...

Have you squeezed all the juice out of line items savings?  Do you find yourself spending more and more time on RFPs and proposals that represent smaller and smaller savings?  Do you struggle to develop and coordinate value analysis committees that can work efficiently and deliver the results that make a true impact on the bottom line?  Well, then this episode is for you.  Bob  Yokl , an experienc...

How compliant is your hospital with managing product recalls? What if that one you miss causes a sentinel event? Everyone agrees the use of email and paper mailings to send notifications is vastly outdated, but what is the real opportunity to utilize technology and bring our recall potential into the 21 st century?  On this episode of Power Supply, Guillermo Ramas joins Hays Waldrop and Justin Pou...