In general, the Supply Chain Management market industry has been gaining in popularity as a process that works. Progress in the supply chain marketplace is changing in that supply chain management as a field of work and study is gaining popularity. Twenty percent of ThomasNet North American Scholarship recipients are choosing supply chain management. The sector that has seen the most growth is in healthcare and specifically …
Maintain Diversity with Hospital HR Software
For hospital HR departments, executives and other management positions, diversity is an important part of not only maintaining PR and regulatory policies, but it is an important part of a diverse management team. One of the main issues organizations have with diversity is the amount of benefits and compensation requirements needed in order to attract and hold talented professionals from all walks …
Healthcare Reform Initiatives and Hospital Financial Management
These days, the news often carries stories of how state and federal governmental entities are altering the way they pay for citizens’ medical bills. Among the discourse are buzzwords like Medicare, Medicaid, and Obamacare. The frequency of change in healthcare reform implementation has made it more important than ever that hospital financial management be up to date on how these changes affect their financial statements. And …
5 ERP Tips for Hospital Financial Management
In hospital financial management, an ERP (Enterprise Resource Planning) software system is one of the most valuable parts of managing your finances and accounting processes. While an ERP is extremely valuable, proper financial management is a quality process which your organization must engage in continually; the software you use is a supplement to your core processes, not a replacement for them. …
Maintain Internal and External Supply Chain Relationships With PeopleSoft
For many hospitals, PeopleSoft is an excellent ERP system, but there are several areas with substantial problems and issues. When it comes to supply chain management, improper internal and external integration can cause significant problems. Mergers and acquisitions will exacerbate these problems, as well as major supply chain shifts. While frustrating, supply chain issues are not caused by the software, nor necessarily …
Survey Results: How do customers feel about their ERP solutions?
A new annual report on the state of customer satisfaction with ERP (enterprise resource planning) software offers some insights for customers considering whether to stay with their current provider, and for corporate executives who are still considering ERP software. In summary, ERP users who responded to the 2013 survey were not quite satisfied with their software. The Panorama Consulting Solutions annual state of …
Optimization is Key – How Healthy is Your Hospital Supply Chain?
In the rush to drive down healthcare costs, hospital supply chain optimization can help. By doing so, hospitals are saving millions of dollars and blazing a new trail in healthcare management. Through our PeopleSoft operational support, Belmero Inc. identifies ways to optimize hospital supply chains – just one way we typically achieve a 25% reduction in support costs and increase overall productivity for our clients. This May 4th through …
Creating an Effective Hospital Supply Chain
In the provision of quality service, a hospital needs a supply chain that merges logistic and purchasing operations of clinical elements. Attaining this objective is not always easy. A well-integrated hospital supply chain incorporates all relevant parties in and around the hospital into its process, including clinicians, finance, clinical outcomes, executive leaders, physicians and others, in other to achieve optimal success. When creating …
Economic Upswing and Hospital Supplier Management
Just as the economic slide changed the face and fiscal aspects of the supply chain, the recent economic upswing is going to shift it again. This may be the time to use your ERP metrics to not only review, but possibly re-negotiate supply contracts. This is the time to take C-level decisions with direct input from the core supply management levels. Research …
5 Ways PeopleSoft ERP can Increase a Hospital’s Quality
Enterprise resource planning (ERP) for hospitals gives your organization the tools to increase quality, to control processes, and to address issues commonly faced by hospitals. Are your quality processes in need of the aid an ERP systematic renewal? Here are 5 ways PeopleSoft can help! Information Processing Accessing and reviewing timely information gives your management teams the ability to recognize expenses, …
