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.
Savings Beyond Price -Weekly eNewsletter - February 3, 2010
Robert T. Yokl
President & Chief Value Strategist
Triangulating Savings Equals Big Savings Gains
Greeting,
My staff and I were talking the other day about “The state of the healthcare supply chain”. Where has it been, where is it now and where is it going in the future? To put it another way, what is the supply chain continuum or sequence of events leading to degrees of change in our supply chain business? After much thought, discussion and “what if” scenarios here are our ideas on this important topic!
As we see it the supply chain continuum is evolving from a purely price and standardization state of mind to healthcare organizations starting to focus their savings efforts on utilization (in-use cost). This sequence of events can actually be seen in your mind's eye as a “Supply Savings Triangle™”; price on the left size, standardization on the right and utilization at the bottom of the triangle. This would mean closing the savings loop on all of the realizable supply-money-saving-opportunities for any and all healthcare organizations in the future. There is no where else left to go related to supply expense savings once you have closed these three doors.
You might think this concept is self-serving since my firm has been specializing in utilization management (and wrote a definitive book about it) for 10 years now. Nonetheless, I would like to think that it is a predictable fact that this is the supply chain continuum of the future. We just happen to be one of the first to study this glaring, intuitive and observable truth, starting a decade ago.
We all know that change is the ONLY constant in our supply chain business. Consequently, our supply chain practices must continually modify, evolve and transform if we are to reach the next level of savings performance. The distasteful alternative is to follow the same tired and overused price and standardization strategies and tactics of yesteryear thereby risk stagnant or sluggishness in your supply expense savings growth.
The decision is yours, but I believe the “Supply Savings Triangle™” concept is so significant and noteworthy that most, if not all supply chain professionals will hitch a ride on the price, savings and utilization train as a unifying best practice before the decade is out. My advice to you is “Don’t be left at the station, when the train pulls out”.
Your Partner In Savings Beyond Price™,
Robert T Yokl
Chief Value Strategist
Strategic Value Analysis® In Healthcare
1-800-220-4274
P.S. If you want to learn more about supply utilization management’s philosophy, principles and practices, I would suggest that you order our No Cost To You “Healthcare Supply Utilization Revolution” book today., so you won’t be left at the station.
NEW SUPPLY SAVINGS COMIC!
JUST ANNOUNCED -
Breakthrough Game Changing Book is Yours for FREE!
Healthcare Supply Utilization Revolution
Read this book and in a few weeks save more money than you have in years. Sounds unbelievable? Robert T. Yokl and Robert W. Yokl, healthcare’s leading authorities in Supply Utilization Management, have helped hundreds of hospitals, healthcare systems and integrated delivery networks to saved close to a half billion dollars by employing the same utilization management strategies, tactics and techniques that they will teach you in this book.
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