Savings Beyond Price

Innovative Supply Savings and Quality Solutions That Work

by Strategic Value Analysis® in Healthcare

 

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.

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Savings Beyond Price -Weekly eNewsletter - February 4, 2009

Robert T Yokl - Healthcare Supply Chain Consultant Strategic Value AnalysisRobert T. Yokl

President & Chief Value Strategist

 

 

Leading Change

Every crisis has seeds of opportunities for those who are prepared, persistent, persuasive and fearless! If ever there was a time when supply chain professionals need to LEAD CHANGE at their healthcare organizations…it’s now!

With few exceptions hospitals, systems and IDNs are bleeding red ink or at best are having one of the worst financial years in decades because of reduced census, growing receivables, shrinking investment income and higher capital cost. I liken this to a tsunami!

To lighten the load on your healthcare organization’s finances, supply chain professionals need to LEAD CHANGE in their healthcare organizations by:

 

1.                Developing a new vision and strategy for change

The old vision and strategy of just saving on the price isn’t going to work in this new healthcare economy since prices are going up – not down.  Your new vision and strategy should be focused on your utilization or in-use cost where on average 26% can be saved almost overnight. That’s were your new and better savings reside! 

 

2.                Communicating your change vision to all levels of management

Making change happen is a team effort, not an individual endeavor.  Therefore, you must get your senior management and department heads and managers to buy into your vision.

This can best be accomplished with white papers, presentations, and newsletters circulated throughout your organization that would get everyone talking, working and supporting your vision. Yes, this does take some time and effort, but this is what leadership is all about. Talking and walking the walk!

 

3.                Creating high-performance value analysis teams

To implement your new vision and strategy you will need to create high-performance value analysis teams, and not accept your current so-so value analysis team’s performance. I haven’t seen a value analysis team(s) that can’t raise their performance by as much as 10-fold if they are reorganize, reinvent and reinvigorate to save money in new ways.  

 

4.                Generating sustainable, measurable and new utilization  savings

As I have already mentioned, price savings alone won’t lead your healthcare organization out of this crisis.  Only by attacking your utilization misalignments will you make a BIG dent in your supply expense budget. And these sustainable, measureable and new savings will go right to your bottom line where your healthcare organization needs the impact most.

 

I have just outlined an action plan for you to LEAD CHANGE in your healthcare organization in these uncertain times. This will position you to be a hero instead of a victim in the tsunami that hit us in October 2008. 

As I see it, supply chain professionals have an extraordinary opportunity to LEAD CHANGE in their healthcare organization because there are still millions of dollars of untapped savings beyond price to be liberated in your supply chain that you never thought was possible.

Now go and LEAD CHANGE before it’s too late to do so!

 

Your Partner In Savings Beyond Price™,

Robert T Yokl

Chief Value Strategist

Strategic Value Analysis® In Healthcare

Bobpres@strategicva.com

1-800-220-4274

P.S. If you would like more information on how to reorganize, reinvent and reinvigorate your value analysis teams to be better than good you might want to download my White Paper” Strategic Value Analysis®: Savings Beyond Price™” that will give you an insiders’ view on how to do it.

P.P.S. Don’t forget to check out our new blog article “5 Ways to Speed Up the Time it Takes to Perform Value Analysis Studies and Save More in the process!” You will learn how to save even more dollars…faster!

 

 


You’ve got to attack unnecessary spending!

Just the other day, a material manager (MM) told me that she oversees 26,000 products, services and technologies, but has no way of knowing which are out of cost control at any given time.  As a supply chain professional, you know what that’s like.  You must hold your total supply cost to the absolute minimum—and doing this requires vigilance.

There’s no better way to be on the lookout for savings opportunities than with your own supply chain radar! The Utilizer™ Dashboard is exactly that! It will help you detect the waste, inefficiencies, misuse,    misapplication and value mismatches in your supply chain before they inflict serious damage to your bottom line.  Some of these misuses and mismatches are costing your healthcare organization anywhere from four to 11 percent in lost savings opportunities every month, quarter and year you continue to fly blind. 

This savings computes to 1 or 2 million dollars per 100 occupied beds.  So if you have 180-occupied beds, this could mean 1.8 million to 2.8 million going right to your bottom line—which isn’t small change when you consider that your price savings are disappearing every day.

 

Utilizer™ Dashboard is Fast, Easy, Efficient Radar—We Do the Heavy Lifting!

Because supply chain professionals have such limited time, it’s critical that when value analysis tools are employed, they provide a high ROI and require very little time and effort to be deployed by supply chain managers.  To our delight, that’s exactly how our new Utilizer™ works.  We do ALL the heavy lifting, and you reap all the savings. 

 

You Get More with the Utlizer™ Dashboard, Including Training in an

Award-Winning Value Analysis Program

When you use the Utilizer™ Dashboard, you aren’t just getting a software program and a “Best of luck,” from us.  We want you to succeed and see the value in this revolutionary program, so included in your purchase of the Utlizer™ Dashboard is a FREE Advisory Service that guides you through the implementation process to quickly and easily make your savings happen!

As a bonus, we will also train your value analysis team in our award-winning advanced value analysis training     program to smooth the road to change for you.  You’ve got nothing to lose and everything to gain, so give us a call today and start seeing immediate savings opportunities with the Utilizer™ Dashboard.

 

What People Are Saying about the Utilizer™ Dashboard

 “I thought the Utilizer™ Dashboard would      require more time—that I didn’t have—to manage it.  To my surprise SVAH, as promised, did all the heavy lifting and showed me where my savings were hidden, which actually saved me time. ”

 

“I believe that the Utilizer™ Dashboard is the right product at the right time at the right cost to drive out all of my supply chain waste.”

 

Quickly Schedule Your “Test Drive” Today!

Yes, call me to schedule my “Test Drive” today so I can see for myself the UTILIZER™  Dashboard in action and find out how I can take my supply chain to the next level of savings performance.

Yes Please Schedule My "Test Drive" of the Utilizer TM

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