Chief Healthcare Executive Citing a disconnect between pharmacy leaders and C-suite hospital executives, as well as lack of transparent data, an article from Chief Healthcare Executive lays out common issues preventing pharmacies from maximizing purchasing power. The article suggests improved data tracking as a path for more informed decision making, as well as empowering pharmacy leaders to make independent decisions …
Methods for Reducing Supply Chain Costs
Inc. The past several years have presented numerous challenges across the supply chains of numerous industries. These challenges, however, also present valuable lessons for future supply chain management that reduce overall operating expenses and build resiliency. A recent article from Inc. outlines 3 key ways that supply chain managers can reduce costs: front-loading the “kitting and assembly” stage to …
The Importance of Post Payment Audits
Post Payment Audits – Running a business is, at least in part, a numbers game. Entire teams of people have to manage profits, expenses, payroll, and beyond. It’s a near constant battle to manage overhead and the bottom line, maintain profitability, and stop any financial leaks along the way. This is no small undertaking, and when small mistakes pile up, …
Supply Chain Management: Third Party Power
Supply chains are built of many moving pieces – each with its own personnel, technological requirements, and role to play in the success of the organization. With so many components, managing the entire operation is no small feat. Even the most successful supply chains, with the most capable management staff, tend to have room for improvement. It could be an …
How do you eliminate the pain points in your supply chain?
Let’s face it, supply chain management can be trying at times, yet it is one of the most important parts of a business. Integrating advanced software will help keep track of progress and inventory at all levels to eliminate waste and worry across the network. Each part of the chain is just as important as the last and an efficient tracking of inventory …
Techniques to Improve Your Supply Chain Management
The supply chain is one of the most vital parts of your business because, after all, it’s what delivers the products to you and then to your customers. Without a good management of your supply chain, your company won’t be living up to its full potential. Here are a few tips to help improve the efficiency and productivity of your supply chain and …
