Insights from a Supply Chain Leader

August 30, 2012 at 6:49 pm 27 comments

The Journal of Healthcare Contracting recently posted this article, “Excellent Insights from Supply Chain Leader, Brent Johnson.”  While the whole interview is good, I want to re-post his list of five things supply chain execs should do to expand their contributions.

  1. Learn how to manage your GPO
  2. Work on more than med-surg products
  3. Do more than just product management
  4. Work on more than price
  5. Always think out of the box

One theme underpins all of these points — think bigger.  Think bigger about your hospital’s operations.  Think bigger about your hospital’s costs.  Think bigger about where the skills of supply chain professionals — evaluating true cost, defining and managing relationships, measuring outcomes — add value in your hospital.

From our perspective, we’ll add:  Think bigger about the information in your Vendormate vendor programs.

How does that list of registered (and unregistered) vendors relate to your spend and risk?  Where else can you apply that information to make better decisions?

We’ve already seen innovative hospitals use the data in new ways.  As a starting point to identify redundant supplier relationships. As a gateway to accurate and verified information for their AP system.  As fertile ground to source new, credentialed suppliers.

Just as we’re leveraging that data in Vendormate Contract Manager to make a smarter contract management process, we’re looking for other out of the box applications. We’ve got our own list of ideas.  Write your ideas in the comments section below.

Entry filed under: contract management, vendor credentials, vendor management. Tags: , .

4 Hospital Contract Management Essentials Using Attestations for Criminal Background Checks

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